{"id":12500,"date":"2009-10-13T08:10:23","date_gmt":"2009-10-13T12:10:23","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12500"},"modified":"2009-10-13T08:10:23","modified_gmt":"2009-10-13T12:10:23","slug":"wealthy-investors-still-like-hedge-funds-but-are-more-discerning","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/wealthy-investors-still-like-hedge-funds-but-are-more-discerning.html","title":{"rendered":"Wealthy Investors Still Like Hedge Funds But Are More Discerning"},"content":{"rendered":"<p>FP &#8211; \u201cWe see continued dedication to hedge funds,\u201d Catherine Keating, chief executive of JP Morgan Chase\u2019s private bank, told Reuters. \u201cThe things our clients are focused on are how does that hedge fund generate its returns? How much is correlated o the market? Clients care about transparency\u2014what fees are they getting charged? They don\u2019t mind paying fees as long as they\u2019re getting value.\u201d<\/p>\n<p>Moffett Cochran, CEO of Silvercrest Asset Management, added, \u201cThe events of last year may have forever changed attitudes toward investing. It may be that their allocations to growth and equities will be lower. The vast majority of hedge funds had negative returns. The whole concept of absolute returns embedded in the hedge fund rationale was thrown out of the window.\u201d<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.financial-planning.com\/news\/wealthy-investors-like-hedge-funds-2664198-1.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FP &#8211; \u201cWe see continued dedication to hedge funds,\u201d Catherine Keating, chief executive of JP Morgan Chase\u2019s private bank, told Reuters. \u201cThe things our clients are focused on are how does that hedge fund generate its returns? How much is [&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":[574,249,11148,4388,2334],"class_list":["post-12500","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-absolute-returns","tag-asset-management","tag-hedge-fund","tag-transparency","tag-wealthy-investors"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12500","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=12500"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12500\/revisions"}],"predecessor-version":[{"id":12502,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12500\/revisions\/12502"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}