{"id":54776,"date":"2016-10-12T08:06:57","date_gmt":"2016-10-12T12:06:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54776"},"modified":"2016-10-12T08:06:57","modified_gmt":"2016-10-12T12:06:57","slug":"saka-shuts-credit-hedge-fund-as-low-rates-offer-muted-gains","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2016\/saka-shuts-credit-hedge-fund-as-low-rates-offer-muted-gains.html","title":{"rendered":"Saka Shuts Credit Hedge Fund as Low Rates Offer Muted Gains"},"content":{"rendered":"<p>\n(Bloomberg) Saka Capital, the money manager started seven years ago by a former Lehman Brothers Holdings Inc. trader, is closing its credit hedge fund as record-low interest rates put a damper on returns.<\/p>\n<p>The Singapore-based asset manager is liquidating the SakaCapital Liquid Credit Fund and returning money to investors, Chief Executive Officer Assan Din said in an interview. The vehicle, whose assets peaked at $350 million in 2012, stopped trading in July this year. The firm is converting into a multi-asset family office, focusing on real estate, equities, debt, and currencies, and will invest money for the management team and people close to them.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-11\/saka-shuts-hedge-fund-as-low-interest-rates-offer-muted-gains\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Saka Capital, the money manager started seven years ago by a former Lehman Brothers Holdings Inc. trader, is closing its credit hedge fund as record-low interest rates put a damper on returns. The Singapore-based asset manager is liquidating the [&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-54776","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54776","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=54776"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54776\/revisions"}],"predecessor-version":[{"id":54777,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54776\/revisions\/54777"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}