AlphaClone helps investors do their homework
AlphaClone, a web site that tracks investments made by prominent hedge funds and money managers, launched today to give other investors the insight they need to make good decisions of their own. Armed with the information found on the site, users should be able to virtually replicate the holdings of more than 230 high-profile funds — and then track their performance against a retinue of indexes and simulations.
For example, as a user, you can see… Continue Reading
Covestor joins the ranks of funded investment sites
Covestor, an investing community site, has raised $6.5 million in its second round of funding. The London and New York-based company plans to build out its asset management platform, which helps its users make investment decisions.
Covestor targets both average investors and professional fund managers. The site mines information from real portfolios on online stock brokerages, giving a holistic view of different risk levels and investment strategies. In all, it tracks 150 variables
The fund management platform… Continue Reading