Funds

Do Hedge Funds Love New Oriental Education & Technology Group Inc. (EDU)?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the 3100 level. Stocks kept going up since then. In this article we look at how hedge funds traded New Oriental Education & Technology Group Inc. (NYSE:EDU) and determine whether the smart money was really smart about this stock.

New Oriental Education & Technology Group Inc. (NYSE:EDU) investors should be aware of a decrease in activity from the world’s largest hedge funds of late. New Oriental Education & Technology Group Inc.

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Global companies raise most funds for the month of August in a decade

By Scott Murdoch and Patturaja Murugaboopathy

(Reuters) – Companies raised the most funds in global equity and debt markets for the month of August in a decade as homebound bankers spend their summer fixing deals off the back of trillions of dollars of stimulus worldwide to fight the coronavirus pandemic.

Companies have raised $65.5 billion through initial public offerings (IPOs) and high-yield bond issuances globally so far in August, the highest for that month in at least 10 years, according to Refinitiv data. They raised $98.6 billion in July and $126.5 billion in June, which was the highest in 20 years.

Graphic: Monthly global IPO proceeds https://fingfx.thomsonreuters.com/gfx/mkt/dgkpllgrapb/Monthly%20global%20IPO%20proceeds.jpg

It comes as governments and central banks have made at least $15 trillion of stimulus available to help economies withstand the fallout of the coronavirus pandemic..

The fact that bankers and investors were working during the traditional August holiday month, due to coronavirus

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Did Hedge Funds Make The Right Call On Marvell Technology Group Ltd. (MRVL) ?

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Marvell Technology Group Ltd. (NASDAQ:MRVL) and determine whether hedge funds skillfully traded this stock.

Hedge fund interest in Marvell Technology Group Ltd. (NASDAQ:MRVL) shares was flat at the end of last quarter. This is usually a negative indicator. The level and the change in hedge fund popularity

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