{"id":61997,"date":"2018-01-26T01:23:00","date_gmt":"2018-01-26T06:23:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=61997"},"modified":"2018-01-26T01:23:00","modified_gmt":"2018-01-26T06:23:00","slug":"hedge-fund-closing-as-south-korean-firm-retreats-from-singapore","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2018\/hedge-fund-closing-as-south-korean-firm-retreats-from-singapore.html","title":{"rendered":"Hedge Fund Closing as South Korean Firm Retreats From Singapore"},"content":{"rendered":"<p>(Bloomberg) Truston Asset Management Co., a South Korean investment firm that managed $8.5 billion as of August, is closing its office in Singapore and a hedge fund based in the city. The closures of the office, established in 2007, and the Truston Falcon Asia Fund, set up in 2012, were confirmed by Truston in emails.<\/p>\n<p>The Truston Falcon Asia Fund had bet on rising and falling stocks in South Korea, Japan, Hong Kong and China, reporting a 6 percent decline in the year through July 2017. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-24\/hedge-fund-closing-as-south-korean-firm-retreats-from-singapore\">To read this story:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Truston Asset Management Co., a South Korean investment firm that managed $8.5 billion as of August, is closing its office in Singapore and a hedge fund based in the city. The closures of the office, established in 2007, and [&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-61997","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61997","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=61997"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61997\/revisions"}],"predecessor-version":[{"id":61998,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61997\/revisions\/61998"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=61997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=61997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=61997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}