{"id":11065,"date":"2009-07-20T00:00:00","date_gmt":"2009-07-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"is-the-sun-setting-on-londons-financial-reign","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/is-the-sun-setting-on-londons-financial-reign.html","title":{"rendered":"Is the sun setting on London&#8217;s financial reign?"},"content":{"rendered":"<p>Globe and Mail &#8211; Paris, so far, has emerged as the most serious challenger. But Mr. Sarkozy may be his own worst enemy on this file. The reason: He and his German allies are wholesale supporters of the European Union effort to rein in the hedge funds <a class=\"iAs\" href=\"http:\/\/www.theglobeandmail.com\/report-on-business\/commentary\/is-the-sun-setting-on-londons-financial-reign-londons-ace-could-be-hedge-funds\/article1224299\/actions.jsp?FORM=ZZNR3#\" target=\"_blank\"><\/a>even though the funds can take little blame for the financial disaster.<\/p>\n<p>If Mr. Sarkozy gets his way, the funds, which are a huge business in London, won&#8217;t jump on the Eurostar and re-emerge in Paris. They will leave the EU entirely for Switzerland (not an EU member; some funds have already moved there) or any of the financially ambitious Middle East and Asian cities &#8211; Abu Dhabi, Singapore, Shanghai &#8211; which are dangling gold and pearls before the big-name fund managers.<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.theglobeandmail.com\/report-on-business\/commentary\/is-the-sun-setting-on-londons-financial-reign-londons-ace-could-be-hedge-funds\/article1224299\/actions.jsp?FORM=ZZNR3\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Globe and Mail &#8211; Paris, so far, has emerged as the most serious challenger. But Mr. Sarkozy may be his own worst enemy on this file. The reason: He and his German allies are wholesale supporters of the European Union [&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":[8084,14364,1075,3221,14366,14362,720,14360,6957,6629,11708,14361,853,14367,14365,527,1129,4767,14363,4898],"class_list":["post-11065","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abu-dhabi","tag-asian-cities","tag-challenger","tag-european-union","tag-eurostar","tag-financial-disaster","tag-fund-managers","tag-german-allies","tag-globe-and-mail","tag-gold","tag-hedge-funds","tag-own-worst-enemy","tag-paris","tag-pearls","tag-sarkozy","tag-shanghai","tag-singapore","tag-switzerland","tag-union-effort","tag-wholesale"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11065","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=11065"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11065\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}