{"id":27361,"date":"2012-02-13T10:45:03","date_gmt":"2012-02-13T15:45:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27361"},"modified":"2012-02-13T10:45:03","modified_gmt":"2012-02-13T15:45:03","slug":"investcorp-h1-profit-slumps-90-pct-on-hedge-fund-woes","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/investcorp-h1-profit-slumps-90-pct-on-hedge-fund-woes.html","title":{"rendered":"Investcorp H1 profit slumps 90 pct on hedge fund woes"},"content":{"rendered":"<p>Reuters &#8211; Alternative investment manager Investcorp reported a 90-percent drop in half-year profits on Monday, hit by declining hedge fund revenues.<\/p>\n<p>The Bahrain-based firm, which once floated luxury brands Gucci and Tiffany &amp; Co, said net profit was $5.3 million for the half-year ended Dec. 30, compared to $56.2 million in the prior-year period. Investcorp&#8217;s fiscal year ends June 30.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2012\/02\/13\/bahrain-investcorp-idUSL5E8DD04720120213\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Alternative investment manager Investcorp reported a 90-percent drop in half-year profits on Monday, hit by declining hedge fund revenues. The Bahrain-based firm, which once floated luxury brands Gucci and Tiffany &amp; Co, said net profit was $5.3 million [&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-27361","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27361","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=27361"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27361\/revisions"}],"predecessor-version":[{"id":27362,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27361\/revisions\/27362"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}