{"id":25547,"date":"2011-10-20T07:45:17","date_gmt":"2011-10-20T11:45:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25547"},"modified":"2011-10-20T07:45:17","modified_gmt":"2011-10-20T11:45:17","slug":"hedge-fund-3-degrees-asked-to-close-by-singapore-regulators-on-asset-claim","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/hedge-fund-3-degrees-asked-to-close-by-singapore-regulators-on-asset-claim.html","title":{"rendered":"Hedge Fund 3 Degrees Asked to Close by Singapore Regulators on Asset Claim"},"content":{"rendered":"<p>Bloomberg &#8211; 3 Degrees Asset Management, a hedge fund which helps manage $215 million, was asked by\u00a0Singapore\u2019s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets.<\/p>\n<p>3 Degrees is trying to overturn a decision by the Monetary Authority of Singapore and the finance minister to withdraw its\u00a0exempt fund manager status\u00a0effective Nov. 9 and ask it to wind down, according to a lawsuit filed with the Singapore High Court this month. A closed hearing is scheduled for Oct. 20.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-10-18\/hedge-fund-3-degrees-asked-to-close-by-singapore-regulators-on-asset-claim.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; 3 Degrees Asset Management, a hedge fund which helps manage $215 million, was asked by\u00a0Singapore\u2019s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets. 3 Degrees is trying to overturn a decision by [&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-25547","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25547","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=25547"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25547\/revisions"}],"predecessor-version":[{"id":25548,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25547\/revisions\/25548"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}