{"id":3729,"date":"2005-12-15T00:00:00","date_gmt":"2005-12-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"vontobel-to-buy-stake-in-hedge-fund-firm-harcourt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/vontobel-to-buy-stake-in-hedge-fund-firm-harcourt.html","title":{"rendered":"Vontobel to buy stake in hedge fund firm Harcourt"},"content":{"rendered":"<p>Reuters &#8211; Swiss bank Vontobel (VONN.S: <a href=\"http:\/\/today.reuters.com\/stocks\/overview.aspx?symbol=VONN.S\">Quote<\/a>, <a href=\"http:\/\/today.reuters.com\/stocks\/CompanyProfile.aspx?symbol=VONN.S\">Profile<\/a>, <a href=\"http:\/\/today.reuters.com\/stocks\/ResearchReports.aspx?symbol=VONN.S\">Research<\/a>) plans to purchase a 56percent stake in hedge fund firm Harcourt Investment Consulting AG for 80 million Swiss francs ($62.40 million) to expand its activities in the fast-growing field.<\/p>\n<p>  Vontobel on Thursday said the purchase would enable it to offer Harcourt&#8217;s investment products, which include an array of funds of hedge funds, to its institutional and private clients. Harcourt  has 4.1 billion francs in assets under management.<\/p>\n<p>  &#8220;The acquisition gives us the opportunity to really exploit the growth in the hedge fund of funds business,&#8221; group Chief Executive Herbert Scheidt told Reuters by telephone. &#8220;The focus here is very  much on growth &#8212; growth that is enhancing returns.&#8221;<\/p>\n<p><a href=\"http:\/\/c.moreover.com\/click\/here.pl?b438712800&amp;r=MSNnews\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Swiss bank Vontobel (VONN.S: Quote, Profile, Research) plans to purchase a 56percent stake in hedge fund firm Harcourt Investment Consulting AG for 80 million Swiss francs ($62.40 million) to expand its activities in the fast-growing field. Vontobel on [&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-3729","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3729","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=3729"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3729\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}