{"id":44122,"date":"2014-09-22T07:23:37","date_gmt":"2014-09-22T11:23:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44122"},"modified":"2014-09-22T07:23:37","modified_gmt":"2014-09-22T11:23:37","slug":"thats-it-some-hedge-funds-snubbed-in-alibaba-ipo-allocation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2014\/thats-it-some-hedge-funds-snubbed-in-alibaba-ipo-allocation.html","title":{"rendered":"That&#8217;s it? Some hedge funds snubbed in Alibaba IPO allocation"},"content":{"rendered":"<p>CNBC &#8211; Many hedge funds that placed orders for shares in Alibaba&#8217;s initial public offering received woefully small allocations, highlighting the ultra-selective process that favored investors who already have a close relationship with the company.<\/p>\n<p>&#8220;It&#8217;s pathetic,&#8221; one hedge fund manager said Friday morning, a few hours before the Chinese e-commerce giant was expected to begin trading on the New York Stock Exchange. That fund requested $200 million in Alibaba shares and received less than $1 million worth, or one half of 1 percent of the amount requested, the manager said.<\/p>\n<p><strong>Read Complete Article<\/strong><a href=\"http:\/\/www.cnbc.com\/id\/102016998#.\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC &#8211; Many hedge funds that placed orders for shares in Alibaba&#8217;s initial public offering received woefully small allocations, highlighting the ultra-selective process that favored investors who already have a close relationship with the company. &#8220;It&#8217;s pathetic,&#8221; one hedge fund [&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-44122","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44122","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=44122"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44122\/revisions"}],"predecessor-version":[{"id":44124,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44122\/revisions\/44124"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}