{"id":81603,"date":"2022-05-20T00:15:06","date_gmt":"2022-05-20T04:15:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81603"},"modified":"2022-05-19T23:50:13","modified_gmt":"2022-05-20T03:50:13","slug":"melvin-investors-irate-over-fair-weather-hedge-funds-shutdown","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2022\/melvin-investors-irate-over-fair-weather-hedge-funds-shutdown.html","title":{"rendered":"Melvin Investors Irate Over Fair-Weather Hedge Fund\u2019s Shutdown"},"content":{"rendered":"\n<p>(Bloomberg) <a href=\"https:\/\/www.bloomberg.com\/quote\/1245804D:US\">Melvin Capital Management<\/a>\u2019s traders pocketed hefty performance fees over a half-decade while achieving roughly 30% in annualized gains. Now, after a streak of steep losses, they\u2019re abruptly returning client cash and moving on. Some of Melvin\u2019s investors caught flat-footed this week by Gabe Plotkin\u2019s decision to shut his hedge fund are grousing privately about fair-weather money management. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-20\/melvin-investors-irate-over-fair-weather-hedge-fund-s-shutdown?utm_source=google&amp;utm_medium=bd&amp;cmpId=google\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Melvin Capital Management\u2019s traders pocketed hefty performance fees over a half-decade while achieving roughly 30% in annualized gains. Now, after a streak of steep losses, they\u2019re abruptly returning client cash and moving on. Some of Melvin\u2019s investors caught flat-footed [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81603","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81603","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=81603"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81603\/revisions"}],"predecessor-version":[{"id":81604,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81603\/revisions\/81604"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}