{"id":40159,"date":"2014-01-21T04:45:44","date_gmt":"2014-01-21T09:45:44","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40159"},"modified":"2014-01-21T04:45:44","modified_gmt":"2014-01-21T09:45:44","slug":"hedge-fund-tci-cuts-stake-in-royal-mail","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/hedge-fund-tci-cuts-stake-in-royal-mail.html","title":{"rendered":"Hedge fund TCI cuts stake in Royal Mail"},"content":{"rendered":"<div>\n<p>Telegraph &#8211; Chris Hohn, the boss of TCI, has cut his holding in Royal Mail three months after building it, apparently confirming Vince Cable\u2019s fears that hedge funds would not be long-term holders of the company.<\/p>\n<\/div>\n<div>\n<p>In a regulatory statement, TCI said it had reduced its stake in Royal Mail from 5.8pc to 4.58pc. The sale, which cuts the value of TCI\u2019s investment by \u00a374m, suggests that the hedge fund believes that Royal Mail shares are at the top of their valuation.<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/news\/uknews\/royal-mail\/10585259\/Hedge-fund-TCI-cuts-stake-in-Royal-Mail.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Telegraph &#8211; Chris Hohn, the boss of TCI, has cut his holding in Royal Mail three months after building it, apparently confirming Vince Cable\u2019s fears that hedge funds would not be long-term holders of the company. In a regulatory statement, [&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-40159","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40159","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=40159"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40159\/revisions"}],"predecessor-version":[{"id":40160,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40159\/revisions\/40160"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}