{"id":20838,"date":"2011-02-25T06:37:17","date_gmt":"2011-02-25T11:37:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20838"},"modified":"2011-02-25T06:37:17","modified_gmt":"2011-02-25T11:37:17","slug":"scandinavias-brummer-closes-its-asian-equity-hedge-fund-on-poor-returns","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2011\/scandinavias-brummer-closes-its-asian-equity-hedge-fund-on-poor-returns.html","title":{"rendered":"Scandinavia&#8217;s Brummer Closes Its Asian Equity Hedge Fund on Poor Returns"},"content":{"rendered":"<p>Bloomberg &#8211; Brummer &amp; Partners, the largest Scandinavian hedge fund, closed its Asia-focused equity fund and the firm managing it after its performance damped returns, according to the Stockholm-based company\u2019s annual report.<\/p>\n<p>The Karakoram fund, which bet on rising and falling stock prices in\u00a0Asia outside Japan, lost 15.4 percent last year, the worst performer in a global portfolio of the firm\u2019s hedge funds, the annual report published on Feb. 15 shows. The fund, which started trading in July 2009, had assets of $234 million as of Dec. 31, according to the report seen by Bloomberg News.<\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/news\/2011-02-25\/scandinavia-s-brummer-closes-its-asian-hedge-fund-on-poor-returns.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Brummer &amp; Partners, the largest Scandinavian hedge fund, closed its Asia-focused equity fund and the firm managing it after its performance damped returns, according to the Stockholm-based company\u2019s annual report. The Karakoram fund, which bet on rising and [&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-20838","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20838","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=20838"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20838\/revisions"}],"predecessor-version":[{"id":20839,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20838\/revisions\/20839"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}