{"id":7389,"date":"2008-03-26T00:00:00","date_gmt":"2008-03-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"value-partners-hedge-fund-manager-says-2007-profit-surges-66","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/value-partners-hedge-fund-manager-says-2007-profit-surges-66.html","title":{"rendered":"Value Partners, Hedge Fund Manager Says 2007 Profit Surges 66%"},"content":{"rendered":"<p>Bloomberg- Value Partners Group Ltd., Asia&#8217;s second-largest hedge fund manager, said 2007 profit surged 66 percent on growing assets. <\/p>\n<p>Profit reached HK$1.42 billion ($183 million) from HK$856.3 million a year earlier, the Hong Kong-based company said in a filing to the city&#8217;s stock exchange. <\/p>\n<p>Value Partners&#8217; results announcement, its first as a publicly traded company, came as $195 billion of asset writedowns and credit costs linked to U.S. mortgage markets raise the risk of a global economic slowdown, bringing a five-year bull market to an end. <\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=conewsstory&#038;refer=conews&#038;tkr=806:HK&#038;sid=asHgLd3gpFaE\" target=\"_self\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg- Value Partners Group Ltd., Asia&#8217;s second-largest hedge fund manager, said 2007 profit surged 66 percent on growing assets. Profit reached HK$1.42 billion ($183 million) from HK$856.3 million a year earlier, the Hong Kong-based company said in a filing to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7389","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7389","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=7389"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7389\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}