{"id":53768,"date":"2016-08-04T06:25:58","date_gmt":"2016-08-04T10:25:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53768"},"modified":"2016-08-04T06:26:11","modified_gmt":"2016-08-04T10:26:11","slug":"aig-curtails-event-driven-long-short-bets-in-hedge-fund-retreat","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2016\/aig-curtails-event-driven-long-short-bets-in-hedge-fund-retreat.html","title":{"rendered":"AIG Curtails Event-Driven, Long-Short Bets in Hedge Fund Retreat"},"content":{"rendered":"<p>(Bloomberg) American International Group Inc. reduced bets on event-driven and long-short strategies as the insurer scaled back hedge fund investments.<\/p>\n<p>Event-driven holdings were cut 41 percent to $700 million, while investments in long-short declined 25 percent to $2.24 billion in the first half of the year, among the hedge fund assets measured at fair value as of June 30, the New York-based company said late Tuesday in a quarterly filing.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-08-03\/aig-curtails-event-driven-long-short-bets-in-hedge-fund-retreat\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) American International Group Inc. reduced bets on event-driven and long-short strategies as the insurer scaled back hedge fund investments. Event-driven holdings were cut 41 percent to $700 million, while investments in long-short declined 25 percent to $2.24 billion in [&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-53768","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53768","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=53768"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53768\/revisions"}],"predecessor-version":[{"id":53769,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53768\/revisions\/53769"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}