{"id":8942,"date":"2008-10-24T00:00:00","date_gmt":"2008-10-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"up-to-30-pct-of-hedge-funds-could-close-glg","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/10\/2008\/up-to-30-pct-of-hedge-funds-could-close-glg.html","title":{"rendered":"Up to 30 pct of hedge funds could close-GLG"},"content":{"rendered":"<p>Reuters&nbsp;&#8211; Up to 30 percent of the world&#8217;s hedge funds could disappear &quot;in a Darwinian process,&quot; according to the co-chief executive of one of Europe&#8217;s biggest, GLG Partners Emmanuel Roman was quoted by several British newspapers as saying many hedge funds would either go bust or decide that the meager profits were not worth the effort. <\/p>\n<p>&quot;This will go down in the history books as one of the greatest fiascos of banking in 100 years,&quot; he was quoted as saying. &quot;There needs to be some scapegoats, and the regulators are going to go hunt people. That will be good in the long run.&quot;<\/p>\n<p>&quot;In a fairly Darwinian manner, many hedge funds will simply disappear,&quot; Roman was quoted as saying.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/marketsNews\/idUSLO16041220081024\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters&nbsp;&#8211; Up to 30 percent of the world&#8217;s hedge funds could disappear &quot;in a Darwinian process,&quot; according to the co-chief executive of one of Europe&#8217;s biggest, GLG Partners Emmanuel Roman was quoted by several British newspapers as saying many hedge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8942","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8942","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=8942"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8942\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}