{"id":54821,"date":"2016-10-14T10:31:58","date_gmt":"2016-10-14T14:31:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54821"},"modified":"2016-10-14T10:31:58","modified_gmt":"2016-10-14T14:31:58","slug":"alliancebernsteins-7-billion-aig-outflow-ends-six-year-old-tie","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2016\/alliancebernsteins-7-billion-aig-outflow-ends-six-year-old-tie.html","title":{"rendered":"AllianceBernstein\u2019s $7 Billion AIG Outflow Ends Six-Year-Old Tie"},"content":{"rendered":"<p>(Bloomberg) AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the \u201cmost significant\u201d driver of outflows last month as the company withdrew about $6 billion, AllianceBernstein said Tuesday in a statement. The insurer previously pulled $1.1 billion.<\/p>\n<p>\u201cThe fact that AIG took it in-house was a little bit surprising,\u201d Surinder Thind, an analyst at Jefferies Group, said by phone. \u201cBut given the trend that hedge funds are generally struggling, for AIG to manage its own exposure is not unreasonable.\u201d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-13\/alliancebernstein-s-7-billion-aig-outflow-ends-six-year-old-tie\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the \u201cmost significant\u201d driver of outflows last month as 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-54821","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54821","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=54821"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54821\/revisions"}],"predecessor-version":[{"id":54822,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54821\/revisions\/54822"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}