{"id":10096,"date":"2009-03-13T00:00:00","date_gmt":"2009-03-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-to-jump-at-toxic-asset-loans","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2009\/hedge-funds-to-jump-at-toxic-asset-loans.html","title":{"rendered":"Hedge funds to jump at toxic asset loans"},"content":{"rendered":"<p>Stuff &#8211;&nbsp;Wealth managers at Citi are telling their clients to watch for a burst of hedge fund activity in bad assets. <\/p>\n<p>The wealth investor says in its most recent note that the biggest opportunity for hedge funds is probably around the Public-Private Investment Fund, which is part of the huge U.S. plan to stabilise the financial sector.<\/p>\n<p>The idea is that the U.S. government will lend money to investors to buy up toxic assets from banks, thus setting a market price.<\/p>\n<p>Citi notes that the loans are non-recourse ones, which means that any default is limited to the actual cost of whatever collateral is require.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.stuff.co.nz\/business\/market-data\/2258918\/Hedge-funds-to-jump-at-toxic-asset-loans\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stuff &#8211;&nbsp;Wealth managers at Citi are telling their clients to watch for a burst of hedge fund activity in bad assets. The wealth investor says in its most recent note that the biggest opportunity for hedge funds is probably around [&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":[4439,4306,9001,2192,1837,4650,4504,131,48,9002,9000,4930],"class_list":["post-10096","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-assets","tag-banks","tag-citi","tag-collateral","tag-financial-sector","tag-investor","tag-investors","tag-loans","tag-money","tag-non-recourse","tag-private-investment-fund","tag-wealth-managers"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10096","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=10096"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10096\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}