{"id":9304,"date":"2008-12-08T00:00:00","date_gmt":"2008-12-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"im-shocked-shocked-my-hedge-fund-didnt-hedge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/im-shocked-shocked-my-hedge-fund-didnt-hedge.html","title":{"rendered":"I&#8217;m Shocked, Shocked: My Hedge Fund Didn&#8217;t Hedge!"},"content":{"rendered":"<blockquote>\n<p>Seeking Alpha &#8211; &quot;In my view they didn&#8217;t do what they set out to do &#8230; which was to hedge. I saw a few hedge funds that did much worse than my long-only fund, which is rather ironic,&quot; [Veritas Asset Management manager Ezra Sun] said.<\/p>\n<p><span><\/p>\n<p>The losses have disappointed many investors who had expected positive returns in all market conditions, and hefty withdrawals of somewhere between a fifth and a third of the industry are widely expected at the end of the year. There was the risk people could perceive hedge funds as a &quot;rip-off&quot; because they had been charging high rates on the implicit promise they could deliver absolute returns, but did not deliver when global markets collapsed.<\/p>\n<p><\/span><\/p><\/blockquote>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/seekingalpha.com\/article\/109600-i-m-shocked-shocked-my-hedge-fund-didn-t-hedge\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seeking Alpha &#8211; &quot;In my view they didn&#8217;t do what they set out to do &#8230; which was to hedge. I saw a few hedge funds that did much worse than my long-only fund, which is rather ironic,&quot; [Veritas Asset [&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":[2692,1803,508,84,1805,866,4055,83,1339,4054,516,236,699],"class_list":["post-9304","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-advisory-services","tag-arch-nemesis","tag-bad-news","tag-beta","tag-health-care","tag-levies","tag-management-manager","tag-medallion","tag-oeh","tag-smart-strategies","tag-stage-fund","tag-trillion","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9304","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=9304"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9304\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}