{"id":25040,"date":"2011-09-30T06:04:04","date_gmt":"2011-09-30T10:04:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25040"},"modified":"2011-09-30T06:04:04","modified_gmt":"2011-09-30T10:04:04","slug":"hedge-funds-that-kept-midas-touch","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2011\/hedge-funds-that-kept-midas-touch.html","title":{"rendered":"Hedge funds that kept Midas touch"},"content":{"rendered":"<p><span>This Is Money &#8211; These are supposed to be dire days for the once invincible-seeming hedge funds. On Wednesday shares in Man Group crashed by almost a quarter after it revealed clients pulled out $2.6billion (\u00a31.6billion) in funds over the past three months.<br \/>\n<\/span><\/p>\n<p><span>The news is a hammer-blow to Man, which only last year bought rival GLG for $1.6billion, and comes after Labour leader Ed Miliband slammed companies\u2019 behaviour at the party conference in Liverpool, warning Britain should discriminate between \u2018wealth creators\u2019 and \u2018asset strippers\u2019.<\/span><\/p>\n<p><a href=\"http:\/\/www.thisismoney.co.uk\/money\/news\/article-2043501\/CITY-FOCUS-Hedge-funds-kept-Midas-touch.html?ito=feeds-newsxml\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This Is Money &#8211; These are supposed to be dire days for the once invincible-seeming hedge funds. On Wednesday shares in Man Group crashed by almost a quarter after it revealed clients pulled out $2.6billion (\u00a31.6billion) in funds over the [&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-25040","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25040","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=25040"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25040\/revisions"}],"predecessor-version":[{"id":25041,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25040\/revisions\/25041"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}