{"id":25475,"date":"2011-10-14T07:52:20","date_gmt":"2011-10-14T11:52:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25475"},"modified":"2011-10-14T07:52:20","modified_gmt":"2011-10-14T11:52:20","slug":"td-is-said-to-close-japan-focused-hedge-fund-return-money-on-high-costs","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/td-is-said-to-close-japan-focused-hedge-fund-return-money-on-high-costs.html","title":{"rendered":"T&#038;D Is Said to Close Japan-Focused Hedge Fund, Return Money on High Costs"},"content":{"rendered":"<p>Bloomberg &#8211; T&amp;D Asset Management Co., with about $27 billion in assets, closed its Japan-focused hedge fund because of higher-than-expected trading costs and returned money to clients, according to four people familiar with the matter.<\/p>\n<p>The T&amp;D Japanese Equity Long &amp; Short Fund shut at the end of September after starting in June 2010 with about 700 million yen ($9.1 million) from T&amp;D Asset, the fund management arm of Japanese insurer\u00a0T&amp;D Holdings Inc. (8795), the people said, asking not to be identified because the information is private. Hisakazu Amano, who heads the investment department at T&amp;D Asset, declined to comment.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-10-14\/t-d-asset-said-to-close-japan-focused-hedge-fund-as-trading-costs-rose.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; T&amp;D Asset Management Co., with about $27 billion in assets, closed its Japan-focused hedge fund because of higher-than-expected trading costs and returned money to clients, according to four people familiar with the matter. The T&amp;D Japanese Equity Long [&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-25475","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25475","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=25475"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25475\/revisions"}],"predecessor-version":[{"id":25476,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25475\/revisions\/25476"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}