Friday, 16 March 2012

Beta Fool

Another large position in Moore’s portfolio is FNFG. Similar to VRUS, FNFG is a new position of the fund. During the fourth quarter, Moore initiated a brand new $53 million position. A few other hedge fund managers also like FNFG. Jim Simons’ Renaissance Technologies had $35 million invested at the end of last year.


Full article here.

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