{"id":5766,"date":"2007-03-06T00:00:00","date_gmt":"2007-03-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"jpmorgan-takes-lead-in-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2007\/jpmorgan-takes-lead-in-hedge-funds.html","title":{"rendered":"JPMorgan takes lead in hedge funds"},"content":{"rendered":"<p>JPMorgan has unseated Goldman Sachs as the world&#8217;s largest manager of hedge fund assets, with $34bn under management, according to a new survey.<\/p>\n<p class=\"textBodyBlack\">  The poll conducted by Absolute Return magazine, an industry publication, said JPMorgan&#8217;s hedge fund assets grew almost 75 per cent to hit $34bn last year, largely as a result of its purchase of  Highbridge Capital Management in 2005.<\/p>\n<p class=\"textBodyBlack\">  As money continued to flow into alternative investments last year, combined assets at the largest US hedge funds climbed above the $1,000bn mark.<\/p>\n<p class=\"textBodyBlack\">  The top three firms each exceeded $30bn in assets for the first time, with JPMorgan Asset Management surpassing Goldman Sachs Asset Management at the top of the table. Total US assets are estimated  at $1,200bn.<\/p>\n<p><strong><br \/><a href=\"http:\/\/www.msnbc.msn.com\/id\/17473552\/\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan has unseated Goldman Sachs as the world&#8217;s largest manager of hedge fund assets, with $34bn under management, according to a new survey. The poll conducted by Absolute Return magazine, an industry publication, said JPMorgan&#8217;s hedge fund assets grew almost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5766","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5766","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5766"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5766\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}