{"id":35253,"date":"2013-05-06T08:08:05","date_gmt":"2013-05-06T12:08:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=35253"},"modified":"2013-05-06T08:08:05","modified_gmt":"2013-05-06T12:08:05","slug":"does-bny-mellon-really-believe-hedge-funds-are-no-riskier-than-traditional-investments","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2013\/does-bny-mellon-really-believe-hedge-funds-are-no-riskier-than-traditional-investments.html","title":{"rendered":"Does BNY Mellon Really Believe Hedge Funds Are No Riskier Than Traditional Investments?"},"content":{"rendered":"<p>Forbes &#8211; As the former compliance director of one of the nation\u2019s largest money managers, I was puzzled by a recent letter published in the Providence Journal by Roger Begin, former Rhode Island Treasurer and Vice President of BNY Mellon Wealth Management, defending the current state treasurer\u2019s decision to invest 25% of the state pension\u2019s assets in high-risk, high-cost hedge funds. Included in his ranting, Begin stated that I was na\u00efve and wrong to believe that hedge funds are riskier than traditional investments.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/edwardsiedle\/2013\/05\/03\/does-bny-mellon-really-believe-hedge-funds-are-no-riskier-than-traditional-investments\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; As the former compliance director of one of the nation\u2019s largest money managers, I was puzzled by a recent letter published in the Providence Journal by Roger Begin, former Rhode Island Treasurer and Vice President of BNY Mellon [&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-35253","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35253","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=35253"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35253\/revisions"}],"predecessor-version":[{"id":35255,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35253\/revisions\/35255"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}