{"id":22821,"date":"2011-06-02T08:10:04","date_gmt":"2011-06-02T12:10:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22821"},"modified":"2011-06-02T08:10:04","modified_gmt":"2011-06-02T12:10:04","slug":"citigroup-said-to-shut-400-million-proprietary-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2011\/citigroup-said-to-shut-400-million-proprietary-fund.html","title":{"rendered":"Citigroup Said to Shut $400 Million Proprietary Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Citigroup Inc., the third-biggest U.S. bank, shut a $400 million hedge fund that used the firm\u2019s money and mathematical models to bet on stocks, according to a person familiar with the matter.<\/p>\n<p>The company closed the Quantitative Strategies fund after announcing in April that Shakil Ahmed, the fund manager, would become head of electronic market-making for New York-based Citigroup, according to the person, who declined to be identified because the matter is private. Ahmed also is co-head of electronic trading.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-06-02\/citigroup-said-to-shut-proprietary-fund-as-manager-has-new-role.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Citigroup Inc., the third-biggest U.S. bank, shut a $400 million hedge fund that used the firm\u2019s money and mathematical models to bet on stocks, according to a person familiar with the matter. The company closed the Quantitative Strategies [&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-22821","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22821","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=22821"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22821\/revisions"}],"predecessor-version":[{"id":22822,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22821\/revisions\/22822"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}