{"id":4871,"date":"2006-08-14T00:00:00","date_gmt":"2006-08-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"top-hedge-fund-looks-to-expand-traditional-business","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/08\/2006\/top-hedge-fund-looks-to-expand-traditional-business.html","title":{"rendered":"Top hedge fund looks to expand traditional business"},"content":{"rendered":"<p class=\"textBodyBlack\">  One of the world&#8217;s biggest hedge funds is making a big push into traditional asset management to diversify its customer base \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 part of a growing trend towards the convergence of hedge funds with  traditional money management.<\/p>\n<p class=\"textBodyBlack\">  DE Shaw is expected to announce on Monday the launch of a new product aimed at institutional investors who want conventional money management, but with the ability to sell short up to a certain  level.<\/p>\n<p class=\"textBodyBlack\">  Trey Beck, who is in charge of developing the institutional business for DE Shaw, said the group, which manages $23bn in hedge fund strategies, had only about $300m in traditional asset management  but planned to increase this substantially and had just won three new mandates.<\/p>\n<p class=\"textBodyBlack\">  <a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/2-0&amp;fd=R&amp;url=http:\/\/msnbc.msn.com\/id\/14334243\/&amp;cid=1108757946&amp;ei=727gRK-jGpP2oAL3odHsCA\"><strong>Read Complete  Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the world&#8217;s biggest hedge funds is making a big push into traditional asset management to diversify its customer base \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 part of a growing trend towards the convergence of hedge funds with traditional money management. DE Shaw is [&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":[],"class_list":["post-4871","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4871"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4871\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}