{"id":53411,"date":"2016-07-11T08:22:53","date_gmt":"2016-07-11T12:22:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53411"},"modified":"2016-07-11T08:22:53","modified_gmt":"2016-07-11T12:22:53","slug":"man-groups-contrarian-ruble-bet-pays-off-as-hedge-funds-rush-in","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2016\/man-groups-contrarian-ruble-bet-pays-off-as-hedge-funds-rush-in.html","title":{"rendered":"Man Group\u2019s Contrarian Ruble Bet Pays Off As Hedge Funds Rush In"},"content":{"rendered":"<p>(Bloomberg) Backing the ruble seemed like a lonely bet for Man Group Plc\u2019s Guillermo Osses five months ago, but now the strategy is paying off &#8212; and the rest of the market is racing to catch up.<\/p>\n<p>The head of emerging-market debt strategy at the company\u2019s Man GLG unit has been bullish on the Russian currency and local debt markets since at least February, arguing that stabilizing oil prices would end the ruble\u2019s slide and curb inflation in the world\u2019s largest energy exporter. Both those things happened, and a shift in speculative bets followed: hedge funds have been bullish on the ruble since late January, the longest streak in a year.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-07-10\/man-group-s-contrarian-ruble-bet-pays-off-as-hedge-funds-rush-in\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Backing the ruble seemed like a lonely bet for Man Group Plc\u2019s Guillermo Osses five months ago, but now the strategy is paying off &#8212; and the rest of the market is racing to catch up. The head of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53411","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53411","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53411"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53411\/revisions"}],"predecessor-version":[{"id":53412,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53411\/revisions\/53412"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}