{"id":9015,"date":"2008-11-02T00:00:00","date_gmt":"2008-11-02T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-ramius-considers-closing-hk-unit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/hedge-fund-ramius-considers-closing-hk-unit.html","title":{"rendered":"Hedge fund Ramius considers closing HK unit"},"content":{"rendered":"<p>Boston Globe &#8211; Ramius, a U.S. hedge fund with $11 billion under management, is considering handing back its Hong Kong trading and advisory licenses, in a sign that some funds are retreating from Asia, the Financial Times reported.<\/p>\n<div>\n<div class=\"embed\" \/><\/div>\n<p>The move comes amid increasing signs of a pullback from Asia by hedge funds amid a global financial market slump which is forcing them to raise cash and cut operating costs ahead of an anticipated surge in redemptions, the FT said.<\/p>\n<p>The article quoted Anthony Miller, a partner at Ramius, as saying that the possible abandonment of Hong Kong licenses was &quot;mostly about cutting costs and reallocating money to the United States and Europe.&quot;<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.boston.com\/business\/articles\/2008\/11\/03\/hedge_fund_ramius_considers_closing_hk_unit_report\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston Globe &#8211; Ramius, a U.S. hedge fund with $11 billion under management, is considering handing back its Hong Kong trading and advisory licenses, in a sign that some funds are retreating from Asia, the Financial Times reported. The move [&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-9015","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9015","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=9015"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9015\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}