{"id":53562,"date":"2016-07-21T10:39:26","date_gmt":"2016-07-21T14:39:26","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53562"},"modified":"2016-07-21T10:39:26","modified_gmt":"2016-07-21T14:39:26","slug":"softbank-bid-for-arm-catches-some-hedge-funds-off-guard","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2016\/softbank-bid-for-arm-catches-some-hedge-funds-off-guard.html","title":{"rendered":"SoftBank bid for ARM catches some hedge funds off guard"},"content":{"rendered":"<p>(Reuters) &#8211; A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings when SoftBank Group&#8217;s <9984.T> surprise $32 billion bid sent shares in the British chip designer surging nearly 50 percent.<\/p>\n<p>The set-back for such hedge funds, who position themselves to profit from swings in stock prices, comes at a difficult time for the industry as many peers have seen their performance slide and some investors have even demanded their money back.<\/p>\n<p>Data from Britain&#8217;s regulator, the Financial Conduct Authority, shows that Maverick Capital had a substantial outstanding short position in ARM of roughly 1.2 percent of its shares when the SoftBank bid was announced on Monday.<\/p>\n<p><a href=\"https:\/\/www.yahoo.com\/tech\/softbank-bid-arm-catches-hedge-funds-off-guard-152821310--sector.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings when SoftBank Group&#8217;s surprise $32 billion bid sent shares in the British chip designer surging nearly 50 percent. The set-back for [&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-53562","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53562","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=53562"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53562\/revisions"}],"predecessor-version":[{"id":53563,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53562\/revisions\/53563"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}