{"id":45206,"date":"2014-12-01T07:31:09","date_gmt":"2014-12-01T12:31:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=45206"},"modified":"2014-12-01T07:31:09","modified_gmt":"2014-12-01T12:31:09","slug":"british-insurer-aviva-to-shutter-u-s-hedge-fund-arm-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2014\/british-insurer-aviva-to-shutter-u-s-hedge-fund-arm-2.html","title":{"rendered":"British Insurer Aviva to Shutter U.S. Hedge-Fund Arm"},"content":{"rendered":"<p>WSJ &#8211; British insurer Aviva PLC will shutter a U.S.-based hedge-fund arm by the end of the year after a major client asked for its money back, according to people familiar with the matter.<\/p>\n<p>The Aviva unit, a so-called fund of hedge funds that invests money across a range of external managers, had roughly $2 billion under management and boasted relationships with some of the most high-profile firms in the industry including the activist investors William Ackman and Keith Meister, the people said.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/articles\/british-insurance-giant-aviva-to-shutter-u-s-hedge-fund-arm-1416943048\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; British insurer Aviva PLC will shutter a U.S.-based hedge-fund arm by the end of the year after a major client asked for its money back, according to people familiar with the matter. The Aviva unit, a so-called 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-45206","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45206","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=45206"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45206\/revisions"}],"predecessor-version":[{"id":45208,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45206\/revisions\/45208"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=45206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=45206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=45206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}