{"id":6666,"date":"2007-10-12T00:00:00","date_gmt":"2007-10-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"resources-seen-as-key-hedge-fund-attraction","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2007\/resources-seen-as-key-hedge-fund-attraction.html","title":{"rendered":"Resources seen as key hedge fund attraction"},"content":{"rendered":"<p>Globe and Mail-&nbsp;Canadian hedge fund managers oversee about $20-billion in assets, but can add octane to their growth by playing the resource card to tap foreign investors, says the chairman ofthe industry association.<\/p>\n<p>  &#8220;Canada externally is perceived as a resource play,&#8221; said Phil Schmitt, who heads the Canadian chapter of the Alternative Investment Management Association (AIMA).<\/p>\n<p>  &#8220;It&#8217;s easier to sell that&#8221; as foreign investors recognize there is a unique investment in this country, he said yesterday after a speech to a Hedge Funds World Canada conference.<\/p>\n<p>  &#8220;Once you hook them in, you can say we&#8217;ve got a great banking structure and technology industry, and there is a lot of opportunity to trade, and get returns from those non-resource sectors as  well.&#8221;<\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/8-0&amp;fd=R&amp;url=http:\/\/www.theglobeandmail.com\/servlet\/story\/LAC.20071011.RHEDGE11\/TPStory\/Business&amp;cid=1122015209&amp;ei=ORIPR-XLO5TcqgO_opDMDQ\"><strong>ReadComplete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Globe and Mail-&nbsp;Canadian hedge fund managers oversee about $20-billion in assets, but can add octane to their growth by playing the resource card to tap foreign investors, says the chairman ofthe industry association. &#8220;Canada externally is perceived as a resource [&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-6666","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6666","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=6666"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6666\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}