{"id":32821,"date":"2012-12-04T08:40:33","date_gmt":"2012-12-04T13:40:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=32821"},"modified":"2012-12-04T08:50:39","modified_gmt":"2012-12-04T13:50:39","slug":"nobel-foundation-turns-to-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2012\/nobel-foundation-turns-to-hedge-funds.html","title":{"rendered":"Nobel Foundation Turns To Hedge Funds"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/12\/nobel-medal-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-32826\" title=\"nobel-medal (1)\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/12\/nobel-medal-1.jpg\" alt=\"\" width=\"227\" height=\"228\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/12\/nobel-medal-1.jpg 284w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/12\/nobel-medal-1-150x150.jpg 150w\" sizes=\"auto, (max-width: 227px) 100vw, 227px\" \/><\/a>New York (HedgeCo.Net) &#8211; The Nobel Foundation has plans to invest money through hedge funds to boost returns and restore awards to their previous size, which had been cut by\u00a020 percent this year (the first cut\u00a0since 1949), Bloomberg reports.<\/p>\n<p>\u201cWhen we look at the analysis we see that we can get more return with less risks by doing that,\u201d Executive Director Lars Heikensten said in an interview with Bloomberg. \u201cIf we can choose hedge funds that we trust, then we can get better returns for given risks.\u201d<\/p>\n<p>\u201cIt was a difficult decision to take, since Nobel when he wrote his will made clear he wanted his money to be used for prizes,\u201d said Heikensten, a former governor of the Swedish central bank.\u00a0\u201cWe live in difficult times and had not been as successful as one would have wanted in the last 10 years,\u201d Heikensten said. The foundation \u201chad in fact been spending more every year on average than\u201d it had been earning, \u201cand we had to do something,\u201d he said.<\/p>\n<p>In his will Alfred Nobel stipulated that most of his estate, more than 31 million kronor ($5 million) should be invested in \u201csafe securities.\u201d<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; The Nobel Foundation has plans to invest money through hedge funds to boost returns and restore awards to their previous size, which had been cut by\u00a020 percent this year (the first cut\u00a0since 1949), Bloomberg reports. \u201cWhen [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-32821","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32821","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=32821"}],"version-history":[{"count":6,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32821\/revisions"}],"predecessor-version":[{"id":32823,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32821\/revisions\/32823"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=32821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=32821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=32821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}