{"id":19038,"date":"2010-11-24T06:47:39","date_gmt":"2010-11-24T10:47:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19038"},"modified":"2010-11-24T06:48:02","modified_gmt":"2010-11-24T10:48:02","slug":"pictet-may-add-more-funds-to-smaller-managers-to-cut-druckenmiller-risk","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2010\/pictet-may-add-more-funds-to-smaller-managers-to-cut-druckenmiller-risk.html","title":{"rendered":"Pictet May Add More Funds to Smaller Managers to Cut `Druckenmiller Risk&#8217;"},"content":{"rendered":"<p>Bloomberg &#8211; Pictet &amp; Cie, Switzerland\u2019s biggest closely held private bank, is shifting more of its $10 billion hedge fund investments to newer, lesser-known managers from the largest, most established houses to boost returns.<\/p>\n<p>The bank may increase money invested in newer managers to 60 percent, said\u00a0Nicolas Campiche, Geneva-based chief executive officer of Pictet Alternative Investments. It currently allocates about half of the assets in its funds of funds and tailored pools for clients to \u201cblue-chip names.\u201d<\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/news\/2010-11-24\/pictet-may-add-more-funds-to-smaller-managers-to-cut-druckenmiller-risk-.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Pictet &amp; Cie, Switzerland\u2019s biggest closely held private bank, is shifting more of its $10 billion hedge fund investments to newer, lesser-known managers from the largest, most established houses to boost returns. The bank may increase money invested [&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-19038","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19038","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=19038"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19038\/revisions"}],"predecessor-version":[{"id":19040,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19038\/revisions\/19040"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}