Kylin Management has increased its position in NQ Mobile Inc (ADR) (NYSE:NQ), giving it a 6.2% stake in the company, according to a recent 13G filing. Kylin already had a small stake in the company, but is now clearly taking a bullish position, increasing from 346,500 to 9,569,980 common shares with 7,190,370 shares in its Offshore Fund and another 2,375,610 shares in separately managed accounts.
Centerbridge Partners founder Jeffrey Aronson donates millions of dollars to charity through his foundation, and looking at his foundation's annual filing reveals his favorite hedge funds. The 990-PF for... Read More
Waterstone Market Neutral Fund got thrashed in July. The equity fund focused on short positions was down -5.29% in the month, the largest decline since September 2008. The fund's... Read More
Morning Market News Stocks that are expected to trade actively in U.S. markets on Tuesday include: Goldman Sachs Group, Inc. (NYSE:GS), The Coca-Cola Company (NYSE:KO), Johnson & Johnson (NYSE:JNJ), Red... Read More
Apple Inc. (NASDAQ:AAPL) stock has suffered in the wake of the firm's record beating second quarter of 2012. Despite the fantastic results, and there really wasn't a weak point... Read More
The Metolius Capital unlevered benchmark strategy has returned 5.6% for the year to the end of March. That's according to a copy of the firm's March investor update, which... Read More
Yelp Inc (NASDAQ:YELP) released its earnings report for the three months through September 2013 this afternoon after the market closed on Wall Street. The company showed a loss per... Read More
Most hedge fund managers realize there is no such thing as a “risk free rate of return” any longer. All investments, particularly in debt that has previously defaulted, carries... Read More
How Weak Currencies Can Create Big Opportunities For Brave Investors by Andrew Hunt, Better Value Investing: A Simple Guide to Improving Your Results as a Value Investor Stories of collapsing currencies have... Read More
Swiss National Bank Unveils Latest CHF50 Note by Susan Misicka, SwissInfo.ch The new CHF50 ($52) banknote, introduced by the Swiss National Bank (SNB) on Wednesday, has 15 security features to... Read More
Sony’s PS4 Pro is due for release on Nov. 10 and will sell alongside the existing PS4 Slim during the holiday season. Unveiled in early September, the new game console... Read More
