{"id":37399,"date":"2013-08-15T13:42:07","date_gmt":"2013-08-15T17:42:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37399"},"modified":"2013-08-15T13:42:07","modified_gmt":"2013-08-15T17:42:07","slug":"a-new-four-letter-word-in-hedge-fund-industry","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/a-new-four-letter-word-in-hedge-fund-industry.html","title":{"rendered":"A new four letter word in hedge fund industry"},"content":{"rendered":"<p>FierceFinance &#8211;\u00a0Not too long ago, equity hedge funds pretty much had to offer some sort of &#8220;edge&#8221; to attract clients. In the wake of the SAC Capital insider trading scandals, the word has been defined more by the most negative connotations. To put it bluntly, &#8220;edge&#8221; strikes some as a euphemism for illegal insider information, the type that SAC Capital got in so much trouble with.<\/p>\n<p>&#8220;Hedge funds dealing in equities have long promised &#8216;edge&#8217; to justify their exorbitant fees. Few had more of it than SAC, which, perhaps not coincidentally, also charged the highest fees\u2014up to half the profits it generated for investors,&#8221; according to\u00a0<em>The Economist<\/em>.<\/p>\n<p><a href=\"http:\/\/www.fiercefinance.com\/story\/new-four-letter-word-hedge-fund-industry\/2013-08-15\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FierceFinance &#8211;\u00a0Not too long ago, equity hedge funds pretty much had to offer some sort of &#8220;edge&#8221; to attract clients. In the wake of the SAC Capital insider trading scandals, the word has been defined more by the most negative [&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-37399","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37399","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=37399"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37399\/revisions"}],"predecessor-version":[{"id":37401,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37399\/revisions\/37401"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}