{"id":12414,"date":"2009-10-08T06:10:45","date_gmt":"2009-10-08T10:10:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12414"},"modified":"2009-10-08T06:10:45","modified_gmt":"2009-10-08T10:10:45","slug":"hedge-fund-newsmith-pays-members-29-million-pounds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/hedge-fund-newsmith-pays-members-29-million-pounds.html","title":{"rendered":"Hedge fund NewSmith pays members 29 million pounds"},"content":{"rendered":"<p>Reuters UK &#8211; London-based hedge fund firm NewSmith paid its senior staff 29.4 million pounds last year despite some of its investments running into trouble during a volatile year for markets.<\/p>\n<p>NewSmith, one of the hedge fund firms to appear before a parliamentary committee investigating the UK banking crisis in January, wrote down the value of its listed and private equity investments, particularly in Asia, by 7 million pounds, recently released accounts for the year to the end of November 2008 showed.<\/p>\n<p>This included a 3.3 million pound writedown on its holding in FibreChem Technologies, whose shares were suspended from trading over alleged accounting irregularities.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/hedgeFundsNews\/idUSLNE59701J20091008\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters UK &#8211; London-based hedge fund firm NewSmith paid its senior staff 29.4 million pounds last year despite some of its investments running into trouble during a volatile year for markets. NewSmith, one of the hedge fund firms to appear [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[6476,11148,8419,9397],"class_list":["post-12414","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-banking-crisis","tag-hedge-fund","tag-private-equity-investments","tag-uk-london"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12414","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=12414"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12414\/revisions"}],"predecessor-version":[{"id":12415,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12414\/revisions\/12415"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}