{"id":56575,"date":"2017-02-13T09:34:45","date_gmt":"2017-02-13T14:34:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56575"},"modified":"2017-02-13T09:35:24","modified_gmt":"2017-02-13T14:35:24","slug":"a-200bn-danish-investor-sorts-bad-hedge-funds-from-good","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2017\/a-200bn-danish-investor-sorts-bad-hedge-funds-from-good.html","title":{"rendered":"A $200bn Danish Investor Sorts Bad Hedge Funds From Good"},"content":{"rendered":"<p>\n(Bloomberg) The hedge fund business ain&#8217;t what it used to be. For starters, a lot of funds in the industry forgot to hedge at crucial moments over the past decade, according to the men now running the $200 billion wealth management unit of Denmark\u2019s biggest lender, Danske Bank A\/S.<\/p>\n<p>\u201cIf you look back over time, there are a lot of hedge funds that were really exposed to the market,\u201d Anders Svennesen, the chief investment officer of Danske\u2019s pension arm, Danica, who was recently made CIO at the bank\u2019s wealth unit, said in an interview at his office outside Copenhagen. \u201cA real hedge fund ought to be market neutral, but an awful lot of them have been riding the wave of falling rates and rising stock prices,\u201d Svennesen said. He doesn\u2019t see outsourcing to hedge funds as a model that suits his goals here and now.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-12\/a-200-billion-danish-investor-sorts-bad-hedge-funds-from-good\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) The hedge fund business ain&#8217;t what it used to be. For starters, a lot of funds in the industry forgot to hedge at crucial moments over the past decade, according to the men now running the $200 billion wealth [&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-56575","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56575","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=56575"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56575\/revisions"}],"predecessor-version":[{"id":56576,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56575\/revisions\/56576"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}