{"id":47423,"date":"2015-04-10T08:18:01","date_gmt":"2015-04-10T12:18:01","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=47423"},"modified":"2015-04-10T08:18:01","modified_gmt":"2015-04-10T12:18:01","slug":"hedge-funds-take-hit-playing-beat-up-oil-sector","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2015\/hedge-funds-take-hit-playing-beat-up-oil-sector.html","title":{"rendered":"Hedge funds take hit playing beat-up oil sector"},"content":{"rendered":"<p>CNBC &#8211; The steep decline in oil prices is seen as an opportunity by many hedge funds. But picking out the bonds of distressed oil companies can also be a dangerous game.<\/p>\n<p>Take Kamunting Street Capital Management, which is essentially going out of business following losses on high-yield or &#8220;junk&#8221; energy company bonds. The fund lost about 4 percent last year and was down an additional 2 percent this year, according to The Wall Street Journal. The exact percentage of losses related to the decline in oil and gas prices was unclear.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/102574386\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC &#8211; The steep decline in oil prices is seen as an opportunity by many hedge funds. But picking out the bonds of distressed oil companies can also be a dangerous game. Take Kamunting Street Capital Management, which is essentially [&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-47423","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47423","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=47423"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47423\/revisions"}],"predecessor-version":[{"id":47424,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47423\/revisions\/47424"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=47423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=47423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=47423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}