{"id":55663,"date":"2016-12-14T00:06:21","date_gmt":"2016-12-14T05:06:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55663"},"modified":"2016-12-14T00:43:28","modified_gmt":"2016-12-14T05:43:28","slug":"canadas-hedge-fund-king-builds-up-cash-after-energy-win","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2016\/canadas-hedge-fund-king-builds-up-cash-after-energy-win.html","title":{"rendered":"Canada\u2019s Hedge Fund King Builds Up Cash After Energy Win"},"content":{"rendered":"<p>(Bloomberg) Canada\u2019s hedge fund king, who won big by snapping up beaten-up energy bonds, is waiting for his next big move. Hanif Mamdani, head of alternative investments at Royal Bank of Canada\u2019s RBC Global Asset Management and responsible for about C$6 billion ($4.6 billion) in assets, said he\u2019s prepared to sit on cash and wait for opportunities &#8212; possibly in REITs and utilities &#8212; that may arise if the U.S. 10-year Treasury yield climbs toward 3 or 3.5 percent from 2.45 percent on Tuesday.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2016-12-12\/mamdani-canada-s-hedge-fund-king-builds-cash-after-energy-win\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Canada\u2019s hedge fund king, who won big by snapping up beaten-up energy bonds, is waiting for his next big move. Hanif Mamdani, head of alternative investments at Royal Bank of Canada\u2019s RBC Global Asset Management and responsible for about [&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-55663","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55663","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=55663"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55663\/revisions"}],"predecessor-version":[{"id":55664,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55663\/revisions\/55664"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}