{"id":11027,"date":"2009-07-15T00:00:00","date_gmt":"2009-07-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"goldman-cfo-sees-end-to-hedge-fund-redemption-wave","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/goldman-cfo-sees-end-to-hedge-fund-redemption-wave.html","title":{"rendered":"Goldman CFO sees end to hedge fund redemption wave"},"content":{"rendered":"<p><span class=\"blkin10\">Khaleej Times &#8211; Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure.<\/p>\n<p><\/span><\/p>\n<p class=\"MsoBodyTextCxSpMiddle\"><span>&ldquo;Assuming (hedge fund) performance stays OK &mdash; which it has been through the first half of this year &mdash; it feels like we are pretty much through the redemption cycle, and it actually looks like you are going to start to see some money flowing into hedge funds,&rdquo; he said during a conference call. <\/span><\/p>\n<p class=\"MsoBodyTextCxSpMiddle\"><span>The hedge fund business suffered record withdrawals at the end of 2008 as markets imploded, sending the industry&rsquo;s assets under management down by about 40 percent. <\/span><\/p>\n<p><strong><br \/><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.khaleejtimes.com\/DisplayArticle08.asp?xfile=data\/business\/2009\/July\/business_July518.xml&#038;section=middleeast&#038;FORM=ZZNR3\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Khaleej Times &#8211; Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure. &ldquo;Assuming [&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":[1007,1454,1049,14162,1543,1906,398,926,925,4526,11708,14163,48,5371,885,4901,4325,7568,4292],"class_list":["post-11027","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-assets-under-management","tag-brokerage-business","tag-chief-financial-officer","tag-david-viniar","tag-fund-assets","tag-fund-business","tag-goldman-sachs","tag-goldman-sachs-group","tag-goldman-sachs-group-inc","tag-hedge-fund-performance","tag-hedge-funds","tag-khaleej-times","tag-money","tag-prime-brokerage","tag-rebound","tag-redemption","tag-redemptions","tag-sachs-group-inc","tag-withdrawals"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11027","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=11027"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11027\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}