{"id":31676,"date":"2012-10-02T08:54:06","date_gmt":"2012-10-02T12:54:06","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31676"},"modified":"2012-10-02T08:54:06","modified_gmt":"2012-10-02T12:54:06","slug":"apple-cash-manager-braeburn-the-worlds-biggest-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2012\/apple-cash-manager-braeburn-the-worlds-biggest-hedge-fund.html","title":{"rendered":"Apple cash manager Braeburn: the &#8216;world&#8217;s biggest hedge fund&#8217;"},"content":{"rendered":"<p>CNET: Apple has a thing for being the biggest in the world. First, it was the biggest company, in terms of market capitalization. Now it&#8217;s also a hedge fund.<\/p>\n<p>Zero Hedge yesterday reported that little-heralded Apple subsidiary Braeburn Capital has become &#8220;the world&#8217;s largest hedge fund.&#8221; The company had $117.2 billion in assets under management at the end of June, easily besting Bridgewater &#8212; generally recognized as the top hedge in the world with approximately $100 billion in assets under management.<\/p>\n<p>According to Zero Hedge, Braeburn is adding $15 billion in funds each quarter, and is headquartered in Reno, Nev. The company was founded in 2006.<\/p>\n<p>Braeburn has a simple charge, which is to manage Apple&#8217;s enormous cash hoard. The company reportedly parks its funds in a host of investment vehicles, including stocks and bonds.<\/p>\n<p><a href=\"http:\/\/news.cnet.com\/8301-13579_3-57523582-37\/apple-cash-manager-braeburn-the-worlds-biggest-hedge-fund\/\">Read full story here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNET: Apple has a thing for being the biggest in the world. First, it was the biggest company, in terms of market capitalization. Now it&#8217;s also a hedge fund. Zero Hedge yesterday reported that little-heralded Apple subsidiary Braeburn Capital has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-31676","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31676","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=31676"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31676\/revisions"}],"predecessor-version":[{"id":31677,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31676\/revisions\/31677"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}