{"id":55078,"date":"2016-11-02T11:22:35","date_gmt":"2016-11-02T15:22:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55078"},"modified":"2016-11-02T11:22:35","modified_gmt":"2016-11-02T15:22:35","slug":"asset-managers-bleed-50-billion-as-industry-crisis-deepens","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2016\/asset-managers-bleed-50-billion-as-industry-crisis-deepens.html","title":{"rendered":"Asset Managers Bleed $50 Billion as Industry Crisis Deepens"},"content":{"rendered":"

(Bloomberg) The business of picking stocks and bonds for clients is getting smaller by the day.
\nSeven top asset managers this week reported a total of $50 billion in third-quarter net redemptions, most of it from active funds, company filings show. The biggest losers: Franklin Resources Inc. with $22.1 billion, AllianceBernstein with $15.3 billion and Waddell & Reed Financial Inc. at $4.9 billion.<\/p>\n

To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Bloomberg) The business of picking stocks and bonds for clients is getting smaller by the day. Seven top asset managers this week reported a total of $50 billion in third-quarter net redemptions, most of it from active funds, company filings […]<\/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-55078","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55078","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=55078"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55078\/revisions"}],"predecessor-version":[{"id":55079,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55078\/revisions\/55079"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}