{"id":67249,"date":"2018-12-26T00:06:04","date_gmt":"2018-12-26T05:06:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=67249"},"modified":"2018-12-25T22:08:29","modified_gmt":"2018-12-26T03:08:29","slug":"city-financials-hedge-fund-decca-to-shut-down","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2018\/city-financials-hedge-fund-decca-to-shut-down.html","title":{"rendered":"City Financial&#8217;s Hedge Fund Decca to Shut Down"},"content":{"rendered":"<p>\n(Reuters) London-based fund firm City Financial and the chief investment officer of its Decca Fund, Shahraab Ahmad, have decided to wind down the credit-focused strategy after it \u201cdid not deliver the performance that you expect of us\u201d, according to a letter to investors reviewed by Reuters.City Financial was hit hard earlier in 2018 when Decca, one of its main funds, lost 21 percent in February alone after a wrong-way bet on volatile markets, according to a Bloomberg report.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-city-financial-restructuring\/exclusive-city-financials-hedge-fund-decca-to-shut-down-letter-idUSKCN1OK2BB\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) London-based fund firm City Financial and the chief investment officer of its Decca Fund, Shahraab Ahmad, have decided to wind down the credit-focused strategy after it \u201cdid not deliver the performance that you expect of us\u201d, according to a [&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-67249","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67249","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=67249"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67249\/revisions"}],"predecessor-version":[{"id":67251,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67249\/revisions\/67251"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=67249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=67249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=67249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}