{"id":10130,"date":"2009-03-18T00:00:00","date_gmt":"2009-03-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-shakeout-could-be-over-by-june","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2009\/hedge-funds-shakeout-could-be-over-by-june.html","title":{"rendered":"Hedge funds shakeout could be over by June"},"content":{"rendered":"<p>Reuters &#8211; A shakeout of the hedge funds industry could be over by June 2009, with nearly half of firms likely to shut up shop, a leading hedge fund manager said.       <\/p>\n<p>&quot;The hedge fund bubble has popped and, unfortunately when any bubble pops, it&#8217;s a painful process,&quot; said Ken Kinsey-Quick, head of multi-manager of hedge fund firm Thames River Capital.<\/p>\n<p>&quot;If half were to close down, I wouldn&#8217;t be surprised. But the nice thing about hedge fund land is that things move very very quickly, it will probably be done and dusted by June,&quot; he continued<\/p>\n<p>Hedge funds returns were a negative 19 percent last year, when investors pulled out a record $158.9 billion (113.86 billion pounds), according to data from Lipper.<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/hedgeFundsNews\/idUSLNE52H00M20090318\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A shakeout of the hedge funds industry could be over by June 2009, with nearly half of firms likely to shut up shop, a leading hedge fund manager said. &quot;The hedge fund bubble has popped and, unfortunately when [&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":[37,4504,9219,1441,9222,4326,4289,9217],"class_list":["post-10130","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-fund-manager","tag-investors","tag-kinsey","tag-lipper","tag-nice-thing","tag-reuters","tag-shakeout","tag-thames-river-capital"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10130","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=10130"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10130\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}