{"id":67429,"date":"2019-01-09T01:25:39","date_gmt":"2019-01-09T06:25:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=67429"},"modified":"2019-01-09T01:25:39","modified_gmt":"2019-01-09T06:25:39","slug":"gelband-hedge-fund-is-said-to-make-under-1-after-biggest-launch","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2019\/gelband-hedge-fund-is-said-to-make-under-1-after-biggest-launch.html","title":{"rendered":"Gelband Hedge Fund Is Said to Make Under 1% After Biggest Launch"},"content":{"rendered":"<p>(Bloomberg)   Michael Gelband last year raised the most money ever for a hedge fund launch. But he barely turned a profit for his investors. His ExodusPoint Capital Management, which raised $8 billion and started trading in June, made about 0.6 percent in its first seven months, according to people with knowledge of the returns. A spokesman for the New York-based hedge fund declined to comment.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-07\/gelband-hedge-fund-is-said-to-make-under-1-after-biggest-launch\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Michael Gelband last year raised the most money ever for a hedge fund launch. But he barely turned a profit for his investors. His ExodusPoint Capital Management, which raised $8 billion and started trading in June, made about 0.6 [&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-67429","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67429","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=67429"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67429\/revisions"}],"predecessor-version":[{"id":67430,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67429\/revisions\/67430"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=67429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=67429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=67429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}