{"id":10920,"date":"2009-06-30T00:00:00","date_gmt":"2009-06-30T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"mgs-dobell-blasts-selfish-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/mgs-dobell-blasts-selfish-hedge-funds.html","title":{"rendered":"M&#038;G&#8217;s Dobell blasts &#8216;selfish&#8217; hedge funds"},"content":{"rendered":"<p> Times Online &#8211; One of the most senior fund managers at Prudential has attacked hedge funds as  selfish and devious and blasted derivatives as &ldquo;the scourge of the modern  age&rdquo;. <\/p>\n<p> Tom Dobell, who manages the &pound;3 billion Recovery Fund for M&amp;G, the  insurer&rsquo;s asset management unit, made the remarks in letters sent this month  to the fund&rsquo;s 100,000 investors. <\/p>\n<p> The salvo came amid evidence that hedge funds are poised to deliver their best  first-half returns in a decade, bouncing back from a disastrous spell last  autumn.  <\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/banking_and_finance\/article6605705.ece\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Times Online &#8211; One of the most senior fund managers at Prudential has attacked hedge funds as selfish and devious and blasted derivatives as &ldquo;the scourge of the modern age&rdquo;. Tom Dobell, who manages the &pound;3 billion Recovery Fund for [&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":[2410,249,1412,5149,13627,720,11708,5438,4504,13626,5736,6712,13628,5525],"class_list":["post-10920","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-amp","tag-asset-management","tag-decade","tag-derivatives","tag-dobell","tag-fund-managers","tag-hedge-funds","tag-insurer","tag-investors","tag-last-autumn","tag-management-unit","tag-prudential","tag-recovery-fund","tag-scourge"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10920","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=10920"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10920\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}