{"id":43539,"date":"2014-08-14T09:11:04","date_gmt":"2014-08-14T13:11:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43539"},"modified":"2014-08-14T09:11:42","modified_gmt":"2014-08-14T13:11:42","slug":"alternative-funds-hold-over-16-billion-in-puerto-rico-debt-fitch","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2014\/alternative-funds-hold-over-16-billion-in-puerto-rico-debt-fitch.html","title":{"rendered":"Alternative funds hold over $16 billion in Puerto Rico debt: Fitch"},"content":{"rendered":"<p>Reuters &#8211; More than 60 alternative fund managers hold more than $16 billion of Puerto Rico debt as hedge funds and distressed debt investors dislodge traditional mutual funds in the island&#8217;s debt market, according to a report by Fitch Ratings on Wednesday [Aug. 13].<br \/>\nU.S. mutual funds, traditionally the most prominent investors in the usually sleepy municipal bond market, have seen their ownership fall to 52 percent of the $65.1 billion market, Fitch said. Puerto Rico is struggling with a sluggish economy and is widely expected to restructure some of its debt.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail23758.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; More than 60 alternative fund managers hold more than $16 billion of Puerto Rico debt as hedge funds and distressed debt investors dislodge traditional mutual funds in the island&#8217;s debt market, according to a report by Fitch Ratings [&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-43539","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43539","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=43539"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43539\/revisions"}],"predecessor-version":[{"id":43551,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43539\/revisions\/43551"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}