{"id":16210,"date":"2010-06-15T08:05:33","date_gmt":"2010-06-15T12:05:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16210"},"modified":"2010-06-15T08:05:33","modified_gmt":"2010-06-15T12:05:33","slug":"hedge-funds-dodge-european-proposal-with-%e2%80%98newcits%e2%80%99","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2010\/hedge-funds-dodge-european-proposal-with-%e2%80%98newcits%e2%80%99.html","title":{"rendered":"Hedge Funds Dodge European Proposal With \u2018Newcits\u2019"},"content":{"rendered":"<p>Bloomberg &#8211;\u00a0 Guy Hurley said he\u2019s not sweating  European plans for new hedge-fund rules after leaving Bank of America  Corp.\u2019s Merrill Lynch &amp; Co. a year ago to start an onshore fund that  uses strategies such as merger arbitrage.<\/p>\n<p>\u201cIt\u2019s not material to us because we\u2019re not a  hedge fund, we\u2019re a mutual fund,\u201d Hurley, founder of HCM (UK) Ltd., said  in an interview at the firm\u2019s headquarters on Grafton Street in  Mayfair, the heart of London\u2019s hedge-fund district. \u201cBecause we are in  the Ucits business, we fully comply with European regulations already.\u201d<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2010-06-14\/hedge-funds-dodge-european-proposal-with-newcits-update1-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;\u00a0 Guy Hurley said he\u2019s not sweating European plans for new hedge-fund rules after leaving Bank of America Corp.\u2019s Merrill Lynch &amp; Co. a year ago to start an onshore fund that uses strategies such as merger arbitrage. \u201cIt\u2019s [&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":[],"class_list":["post-16210","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16210","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=16210"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16210\/revisions"}],"predecessor-version":[{"id":16212,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16210\/revisions\/16212"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}