{"id":5683,"date":"2007-02-15T00:00:00","date_gmt":"2007-02-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-fight-back-at-growing-attack","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/02\/2007\/hedge-funds-fight-back-at-growing-attack.html","title":{"rendered":"Hedge funds fight back at growing attack"},"content":{"rendered":"<p>  <span class=\"storystyle\">Business Online &#8211; Concern is mounting across the City of London\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s thriving $400bn (\u00c3\u201a\u00c2\u00a3267.6bn, \u00c3\u00a2\u00e2\u20ac\u0161\u00c2\u00ac305.8bn) hedge fund industry that it is soon to be the target of a  vilification campaign similar to that being waged against private equity.<\/span><\/p>\n<p>  <span class=\"storystyle\">The fears were intensified after last weekend\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s calls from the G7 central bank officials and finance ministers for more \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cvigilance\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d on hedge funds. One senior hedge fund  executive told The Business: \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe are being targeted like pariahs by the very individuals who gain pecuniary advantage from our legitimate business \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 it is rank hypocrisy.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/span><\/p>\n<p>  <span class=\"storystyle\">Another said: \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe have been watching what has happened to private equity, with Damon Buffini [boss of Permira, the private equity giant] being singled out by trade unions  and Labour MPs. We will be next. These guys had better watch out or else they will chase the industry away\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d.<\/span><\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/5-0&amp;fd=R&amp;url=http:\/\/www.thebusinessonline.com\/Document.aspx%3Fid%3D590E432C-5D3F-472D-BE1A-A170A5FC35C1&amp;cid=1113427144&amp;ei=dSbUReLJMqjEHJiOlPoJ\">ReadComplete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Online &#8211; Concern is mounting across the City of London\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s thriving $400bn (\u00c3\u201a\u00c2\u00a3267.6bn, \u00c3\u00a2\u00e2\u20ac\u0161\u00c2\u00ac305.8bn) hedge fund industry that it is soon to be the target of a vilification campaign similar to that being waged against private equity. The fears [&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-5683","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5683","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=5683"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}