{"id":4895,"date":"2006-08-18T00:00:00","date_gmt":"2006-08-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"nobel-prize-winner-closes-hedge-fund-after-three-months","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/08\/2006\/nobel-prize-winner-closes-hedge-fund-after-three-months.html","title":{"rendered":"Nobel Prize Winner Closes Hedge Fund After Three Months"},"content":{"rendered":"<p><span class=\"newsAbstractText\">Nobel-prize winning economist Robert Merton closed his latest hedge fund, IFL Continuum Fund, after three months because it failed to raise enough money. The fund hadcollected $30 million since the beginning of March to invest in credit securities.<\/span><\/p>\n<p>  <span class=\"newsAbstractText\">IFL Continuum Fund was to be a unit of Merton\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Integrated Finance Ltd., which primarily advises clients on pension issues and corporate strategies. It also runs an  $80 million emerging-market hedge fund started in October 2005.<\/span><\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/0-0&amp;fd=R&amp;url=http:\/\/www.banknet360.com\/news\/NewsAbstract.do%3Fna_id%3D4938&amp;cid=0&amp;ei=j7PlRNKGFI_MpwLrhPn9DA\">Link toArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nobel-prize winning economist Robert Merton closed his latest hedge fund, IFL Continuum Fund, after three months because it failed to raise enough money. The fund hadcollected $30 million since the beginning of March to invest in credit securities. IFL Continuum [&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-4895","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4895","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=4895"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}