{"id":29597,"date":"2012-06-20T08:15:20","date_gmt":"2012-06-20T12:15:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29597"},"modified":"2012-06-20T08:15:20","modified_gmt":"2012-06-20T12:15:20","slug":"hedge-fund-tci-lambasts-unpopular-cocos","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2012\/hedge-fund-tci-lambasts-unpopular-cocos.html","title":{"rendered":"Hedge fund TCI lambasts unpopular CoCos"},"content":{"rendered":"<p>Reuters &#8211; A high-profile London hedge fund criticised CoCos as &#8220;expensive and uneconomic&#8221;, underlining the wariness of mainstream investors about the fledgling securities once hailed as a new recapitalisation lifeline for ailing banks.<\/p>\n<p>The Children&#8217;s Investment Fund said in a letter that the Financial Services Authority (FSA) should tell Lloyds to swap its more than 10 billion pounds of CoCos into equity.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2012\/06\/20\/uk-banks-cocos-idUSLNE85J00920120620\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A high-profile London hedge fund criticised CoCos as &#8220;expensive and uneconomic&#8221;, underlining the wariness of mainstream investors about the fledgling securities once hailed as a new recapitalisation lifeline for ailing banks. The Children&#8217;s Investment Fund said in a [&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-29597","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29597","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=29597"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29597\/revisions"}],"predecessor-version":[{"id":29598,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29597\/revisions\/29598"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}