{"id":64734,"date":"2018-07-16T02:39:11","date_gmt":"2018-07-16T06:39:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=64734"},"modified":"2018-07-18T01:59:08","modified_gmt":"2018-07-18T05:59:08","slug":"blame-humans-for-this-robot-hedge-fund-malfunction-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2018\/blame-humans-for-this-robot-hedge-fund-malfunction-2.html","title":{"rendered":"Blame Humans for This Robot Hedge Fund Malfunction"},"content":{"rendered":"<p>\n(Bloomberg) If only it could all be blamed on those Cambridge boffins and their robots. GAM Holding AG can\u2019t pin all of its troubles on its bet on a computer-driven hedge fund. The Swiss asset manager warned on Friday that profit would suffer as it wrote off $59 million of goodwill on its $217 million acquisition of Cantab Capital Partners LLP, a trend-following hedge fund it acquired in October 2016.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2018-07-13\/blame-humans-for-this-robot-hedge-fund-malfunction\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) If only it could all be blamed on those Cambridge boffins and their robots. GAM Holding AG can\u2019t pin all of its troubles on its bet on a computer-driven hedge fund. The Swiss asset manager warned on Friday that [&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-64734","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64734","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=64734"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64734\/revisions"}],"predecessor-version":[{"id":64735,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64734\/revisions\/64735"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=64734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=64734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=64734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}