{"id":9215,"date":"2008-11-25T00:00:00","date_gmt":"2008-11-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-losses-spurred-caisse-selloff","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/hedge-losses-spurred-caisse-selloff.html","title":{"rendered":"Hedge losses spurred Caisse selloff"},"content":{"rendered":"<p>Globe and Mail &#8211; The Caisse de d&eacute;p&ocirc;t et placement du Qu&eacute;bec, hammered by losses on international holdings, has been forced in recent weeks to sell billions of dollars of stocks into a falling market.<\/p>\n<p>A fund that began the year with $155.4-billion of assets has sold $10-billion of stocks in the past two months, sources said. <\/p>\n<p>Canada&#8217;s biggest pension fund needed cash to shore up or shut down money-losing positions in areas such as currency hedging and derivatives, along with international real estate and private equity. Part of the problem, sources said, is that the fund&#8217;s hedging strategy was sideswiped by the recent fall in the Canadian dollar.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.theglobeandmail.com\/servlet\/story\/RTGAM.20081124.wrcaisse25\/BNStory\/Business\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Globe and Mail &#8211; The Caisse de d&eacute;p&ocirc;t et placement du Qu&eacute;bec, hammered by losses on international holdings, has been forced in recent weeks to sell billions of dollars of stocks into a falling market. A fund that began the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[82,720,129,551,403,1372,92,47,941,236],"class_list":["post-9215","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bets","tag-fund-managers","tag-losses","tag-mayhem","tag-public-offering","tag-rjr-nabisco","tag-self-regulation","tag-third-party","tag-traffic","tag-trillion"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9215","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=9215"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9215\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}