{"id":3721,"date":"2005-12-14T00:00:00","date_gmt":"2005-12-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-managers-offered-malpractice-insurance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/hedge-fund-managers-offered-malpractice-insurance.html","title":{"rendered":"Hedge fund managers offered malpractice insurance"},"content":{"rendered":"<p>Reuters &#8211; American International Group Inc. (AIG.N: <a href=\"http:\/\/www.investor.reuters.com\/FullQuote.aspx?ticker=AIG.N&amp;target=%2fstocks%2fquickinfo%2ffullquote\">Quote<\/a>, <a href=\"http:\/\/www.investor.reuters.com\/StockOverview.aspx?ticker=AIG.N&amp;target=%2fstocks%2fquickinfo%2fstockoverview\">Profile<\/a>, <a href=\"http:\/\/www.investor.reuters.com\/StockReports.aspx?ticker=AIG.N\">Research<\/a>) said on Tuesday it will begin insuring hedge fund managers against liability from certain regulatory investigations andinvestor lawsuits.<\/p>\n<p>  The new insurance, offered by a unit of AIG, will be offered to by hedge fund managers, directors or officers and would pay legal fees generated by a regulatory investigation. Any settlement,  however, would not be covered.<\/p>\n<p>  Illegal activity like late trading also would not be covered.<\/p>\n<p>  The $1 trillion hedge fund industry has seen assets double in the last 5 years as pension funds, endowments and charities pile in.<\/p>\n<p><a href=\"http:\/\/c.moreover.com\/click\/here.pl?b437987842&amp;r=MSNnews\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; American International Group Inc. (AIG.N: Quote, Profile, Research) said on Tuesday it will begin insuring hedge fund managers against liability from certain regulatory investigations andinvestor lawsuits. The new insurance, offered by a unit of AIG, will be offered [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3721","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3721","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=3721"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3721\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}