{"id":4840,"date":"2006-08-07T00:00:00","date_gmt":"2006-08-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-flee-hong-kong-pollution-for-singapore","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2006\/hedge-funds-flee-hong-kong-pollution-for-singapore.html","title":{"rendered":"Hedge funds flee Hong Kong pollution for Singapore"},"content":{"rendered":"<p><span class=\"mainarttxt\">Forbes &#8211; Hong Kong&#8217;s worsening air pollution is prompting a number of hedge funds to move to Singapore, reflecting a trend that could undermine the territory&#8217;s financialsector, the Financial Times reported on its website.<\/span><\/p>\n<p><span class=\"mainarttxt\">Citing senior executives at Morgan Stanley and Goldman Sachs, the world&#8217;s biggest providers of hedge fund broking services, it said health and lifestyle issues are causingrifts at the top of a growing number of Hong Kong-based funds.<\/span><\/p>\n<p><span class=\"mainarttxt\">&#8216;There are hedge fund partnerships where there is an element of strife over air pollution,&#8217; said one senior industry executive. &#8216;One partner wants to stay in Hong Kong, whilethe other partner wants to move to Singapore for the sake of his family.&#8217;<\/span><\/p>\n<p><span class=\"mainarttxt\">Big US hedge funds such as Stark Investments and Concordia Advisors are moving their Asian operations to Singapore, largely because of lifestyle factors, according toindustry insiders.<\/span><\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/5-0&amp;fd=R&amp;url=http:\/\/www.forbes.com\/home\/feeds\/afx\/2006\/08\/04\/afx2927287.html&amp;cid=0&amp;ei=Th7XROyRMoP2owKPxYXXBQ\">Read CompleteArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; Hong Kong&#8217;s worsening air pollution is prompting a number of hedge funds to move to Singapore, reflecting a trend that could undermine the territory&#8217;s financialsector, the Financial Times reported on its website. Citing senior executives at Morgan Stanley [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4840","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4840","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4840"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4840\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}