{"id":9873,"date":"2009-02-13T00:00:00","date_gmt":"2009-02-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-firm-glg-assets-fall","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/hedge-firm-glg-assets-fall.html","title":{"rendered":"Hedge firm GLG assets fall"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund GLG Partners reported a further drop in assets on Thursday and said the cycle of investor redemptions in the industry was not yet over despite its funds&#8217; performance perking up in January. <\/p>\n<p>The London-based, New York-listed firm, which last year saw star manager Greg Coffey depart, said assets under management fell 13 percent during the fourth quarter to $15 billion (10.2 billion pounds), as small inflows were negated by large performance losses.<\/p>\n<p>The drop in assets in 2008 was 39 percent.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/hedgeFundsNews\/idUSLNE51C01C20090213\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund GLG Partners reported a further drop in assets on Thursday and said the cycle of investor redemptions in the industry was not yet over despite its funds&#8217; performance perking up in January. The London-based, New York-listed [&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":[1007,276,2473,4650,3364,7449,4325,4326],"class_list":["post-9873","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-assets-under-management","tag-fourth-quarter","tag-glg-partners","tag-investor","tag-london","tag-performance-losses","tag-redemptions","tag-reuters"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9873","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=9873"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9873\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}