{"id":11961,"date":"2009-09-17T05:04:51","date_gmt":"2009-09-17T09:04:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11961"},"modified":"2009-09-17T05:04:51","modified_gmt":"2009-09-17T09:04:51","slug":"lloyd%e2%80%99s-of-london-insurers-punish-hedge-funds-after-2008-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/lloyd%e2%80%99s-of-london-insurers-punish-hedge-funds-after-2008-losses.html","title":{"rendered":"Lloyd\u2019s of London Insurers Punish Hedge Funds After 2008 Losses"},"content":{"rendered":"<p>Bloomberg &#8211; Lloyd\u2019s of London insurers pulled as much as half a billion pounds ($825 million) from <a href=\"http:\/\/www.hedgeco.net\/\">hedge funds<\/a> and private equity after investment returns at the world\u2019s oldest insurance market fell by more than half.<\/p>\n<p>Catlin Group Ltd.,Brit Insurance Holdings Plc, Chaucer Holdings Plc and Beazley Plc withdrew or have redemption requests on as much as 434 million pounds of investments including in hedge funds, according to regulatory filings.<\/p>\n<p>\u201cThe premise we and the rest of the world looked at in terms of hedge funds was that they would provide an uncorrelated return to things like the equity markets,\u201d Catlin\u2019s Chief Operating Officer Paul Jardine said in a telephone interview. \u201cThat didn\u2019t happen.\u201d<\/p>\n<p><a href=\"http:\/\/us.rd.yahoo.com\/dailynews\/rss\/search\/hedge+funds\/SIG=124sknrhl\/*http%3A\/\/www.bloomberg.com\/apps\/news?pid=20601014&amp;sid=aoie87i3yI3U\"><strong>Read Complete Article<\/strong><br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Lloyd\u2019s of London insurers pulled as much as half a billion pounds ($825 million) from hedge funds and private equity after investment returns at the world\u2019s oldest insurance market fell by more than half. Catlin Group Ltd.,Brit Insurance [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,15778,4],"tags":[10734,359,1482,16277,3784],"class_list":["post-11961","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-story-ideas","category-syndicated","tag-insurance-market","tag-investment-returns","tag-investments","tag-private-equity","tag-redemption-requests"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11961","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11961"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11961\/revisions"}],"predecessor-version":[{"id":11962,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11961\/revisions\/11962"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}