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10 Best High Yield Dividend Stocks to Buy According to Billionaire Jim Simons


10 Best High Yield Dividend Stocks to Buy According to Billionaire Jim Simons
James Harris Simons, popularly known as Jim Simons, is one of the most iconic figures in hedge fund history. He started his career as a mathematician before diving into finance in the late 1970s. He founded New York-based Renaissance Technologies in 1982, a hedge fund that uses quantitative analysis to pick out trading opportunities in the financial markets.
Billionaire Jim Simons’ Hedge Fund’s Performance
Renaissance Technologies relies on quantitative techniques that are based on statistical and mathematical models to achieve systematic trading. It is currently one of the most successful hedge funds. To put its success to perspective, its founder, Jim Simons’ wealth is estimated to be around $23.5 billion, making him one of the top 30 richest people in the U.S. ....

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Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index


Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index
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DALLAS, April 23, 2021 /PRNewswire/ Cushing
® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing
® 30 MLP Index (the Index ). On March 4, 2021, Index constituent Noble Midstream Partners LP (NASDAQ: NBLX) entered into an Agreement and Plan of Merger ( Merger Agreement ) with Chevron Corporation (NYSE: CVX) that would result in NBLX common units ceasing to be publicly traded, subject to the approval of the holders of NBLX common units. Entities representing a majority of NBLX common units have agreed to deliver written consents approving the Merger Agreement, and the merger closing may occur as early as May 3, 2021. Per the Index s methodology guide, this event will result in a constituent replacement. Accordingly, after the market closes on April 30 ....

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