{"id":3746,"date":"2005-12-20T00:00:00","date_gmt":"2005-12-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"goldman-to-drop-convertible-arb-fund-index","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/goldman-to-drop-convertible-arb-fund-index.html","title":{"rendered":"Goldman to drop convertible arb fund index"},"content":{"rendered":"

Reuters – Goldman Sachs & Co. (GS.N: Quote, Profile, Research) will discontinue its convertible arbitrage hedge fund index amid a general downturn in the once-lucrative trading strategy, the financial services firm told investors this month.<\/p>\n

The Goldman Sachs U.S. Convertible Hedge Fund Index, which tracks performance of 18 funds, will be scrapped at the end of the year, it said in a note to investors this month.<\/p>\n

The bank said that a number of funds in the index that previously practiced convertible arb strategies have diversified into broader strategies so that the index will no longer remain “representative and informative.”<\/p>\n

<\/p>\n

<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reuters – Goldman Sachs & Co. (GS.N: Quote, Profile, Research) will discontinue its convertible arbitrage hedge fund index amid a general downturn in the once-lucrative trading strategy, the financial services firm told investors this month. The Goldman Sachs U.S. Convertible […]<\/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-3746","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3746","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=3746"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3746\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}