{"id":10066,"date":"2009-03-10T00:00:00","date_gmt":"2009-03-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-fccbs-catch-the-fancy-of-indias-super-rich","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2009\/hedge-funds-fccbs-catch-the-fancy-of-indias-super-rich.html","title":{"rendered":"Hedge funds, FCCBs catch the fancy of India&#8217;s super rich"},"content":{"rendered":"<p>Business Standard &#8211; Hedge funds and foreign currency convertible bonds (FCCBs) are replacing real estate as popular offshore investment destinations for India&rsquo;s richest.<\/p>\n<p>Hedge funds are investment funds which employ various strategies to produce absolute returns. These strategies could be long- short, event driven, arbitrage or of various other types. A long-short strategy involves buying stocks which are assumed to perform high and selling stocks which are assumed to perform low.<\/p>\n<p>As hedge funds are considered to be a high risk asset class, they are recommended to only a few &ldquo;ultra high net worth and sophisticated&rdquo; clients only. &quot;Currently we are recommending 10-15 per cent allocation in strategies such as long -short and arbitrage to well-informed HNIs&quot;, said the head of a private bank. The returns range from 12-15 per cent annually in dollar terms.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.business-standard.com\/india\/storypage.php?autono=351343\" target=\"_self\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Standard &#8211; Hedge funds and foreign currency convertible bonds (FCCBs) are replacing real estate as popular offshore investment destinations for India&rsquo;s richest. Hedge funds are investment funds which employ various strategies to produce absolute returns. These strategies could be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[574,916,5930,7907,2437,8538,8794,2420,1170,8793,406,8795,4502,2861,7908],"class_list":["post-10066","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-absolute-returns","tag-arbitrage","tag-asset-class","tag-buying-stocks","tag-convertible-bonds","tag-dollar-terms","tag-foreign-currency","tag-high-risk","tag-india","tag-investment-destinations","tag-investment-funds","tag-offshore-investment","tag-private-bank","tag-real-estate","tag-selling-stocks"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10066"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10066\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}