Is FTI Consulting Inc. (FCN) A Smart Long-Term Buy?
Upslope Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of -1.9% was reported by the fund for the Q1 of 2021, below both its S&P Midcap 400 ETF and HFRX Equity Hedge benchmark that had a 13.6% and 2.7% return respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Upslope Capital Management, in their Q1 2021 investor letter, mentioned FTI Consulting, Inc. (NYSE: FCN) and shared their insights on the company. FTI Consulting, Inc. is a Washington, D.C.-based management consulting company that currently has a $4.9 billion market capitalization. Since the beginning of the year, FCN delivered a 30.65% return, while its 12-month gains are also up by 7.32%. As of April 16, 2021, the stock closed at $145.96 per share.
Here’s Why You Should Consider Investing in Insight Enterprises Inc. (NSIT)
Fiduciary Management Inc., an investment management firm, published its “Small Cap Equity” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 12.6% was reported by the FMI Small Cap portfolios for the Q1 of 2021, compared to 12.70% for the Russell 2000 Index and 21.17% for the Russell 2000 Value Index over the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Fiduciary Management, in their Q1 2021 investor letter, mentioned Insight Enterprises, Inc. (NASDAQ: NSIT) and shared their insights on the company. Insight Enterprises, Inc. is a Tempe, Arizona-based computer hardware, software, cloud solutions and IT services provider that currently has a $3.5 billion market capitalization. Since the beginning of the year, NSIT delivered a 32.58% return, extending its 12-month gains to 118.97%. As of April 14, 2021, the stock
Should You Hold and Stay Optimistic in MarketAxess Holdings Inc. (MKTX)?
Richie Capital Group, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of -12.3% was reported by the fund’s RCG Long Short Fund, -2.5% return by the fund’s RCG Long Only Fund, while its RCG Top 10 delivered a 0.59% gain for the Q1 of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Richie Capital Group, in their Q1 2021 investor letter, mentioned MarketAxess Holdings Inc. (NASDAQ: MKTX) and shared their insights on the company. MarketAxess Holdings Inc. is an New York-based financial services company that currently has a $20.5 billion market capitalization. Since the beginning of the year, MKTX delivered a -5.41% return, while its 12-month gains are up by 35.70%. As of April 13, 2021, the stock closed at $539.68 per share.
Hedge Fund and Insider Trading News: Falcon Edge Capital, Balyasny Asset Management, Lone Pine Capital, Lynx CTA, Datadog Inc (DDOG), Shoe Carnival, Inc. (SCVL), and More
New York-based hedge fund
Falcon Edge Capital has led an investment of $110 million (Rs 817 crore) in SME financing platform Of Business. Existing investors Matrix Partners India, Creation Investments, and Norwest Venture Partners also participated in the round which saw 73 employees and 12 angel investors sell stock worth $13 million, the Gurugram-based startup said in a statement.
Balyasny Asset Management, the multi-strategy hedge fund based in Chicago, has been doing some significant quantitative and technology hiring in London. The fund, which recently ranked 23rd in Fortune’s best small and medium finance workplaces list, has been busy recruiting both senior and junior staff from rivals. Dan Azzopardi joined this month as a managing director and head of macro technology from