{"id":56079,"date":"2017-01-13T09:17:09","date_gmt":"2017-01-13T14:17:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56079"},"modified":"2017-01-13T09:17:09","modified_gmt":"2017-01-13T14:17:09","slug":"icahn-hedge-fund-loses-20-of-its-value-in-2016","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2017\/icahn-hedge-fund-loses-20-of-its-value-in-2016.html","title":{"rendered":"Icahn Hedge Fund Loses 20% of Its Value in 2016"},"content":{"rendered":"<p>(Barron&#8217;s) Billionaire Carl Icahn is coming off another poor investment year as a nearly $6 billion hedge fund that he oversees suffered a loss of 20.3% in 2016 after a decline of 18% in 2015, according to a disclosure in a regulatory filing in conjunction with a bond deal and rights offering being made by Icahn Enterprises (ticker: IEP), a publicly traded limited partnership that is controlled by Icahn.<\/p>\n<p>The weak 2016 performance reflected Icahn\u2019s bearish stance as the fund had a sizable short position in the U.S. equity market that hurt results as the S&#038;P 500 index gained almost 10% last year. The Icahn fund had a net short position of 138% at the end of the third quarter\u2014fourth quarter positioning has not yet been disclosed.<\/p>\n<p><a href=\"http:\/\/www.barrons.com\/articles\/icahn-hedge-fund-loses-20-of-its-value-in-2016-1484248867\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Barron&#8217;s) Billionaire Carl Icahn is coming off another poor investment year as a nearly $6 billion hedge fund that he oversees suffered a loss of 20.3% in 2016 after a decline of 18% in 2015, according to a disclosure 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-56079","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56079","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=56079"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56079\/revisions"}],"predecessor-version":[{"id":56080,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56079\/revisions\/56080"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}