{"id":5052,"date":"2006-09-22T00:00:00","date_gmt":"2006-09-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"conn-hedge-fund-losses-higher-than-first-projected","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/09\/2006\/conn-hedge-fund-losses-higher-than-first-projected.html","title":{"rendered":"Conn. hedge fund&#8217;s losses higher than first projected"},"content":{"rendered":"<p>  Greenwich Time &#8211; A Connecticut hedge fund that bet heavily on the natural gas market lost almost $6 billion over the past month as it sold assets at a loss to stay afloat while its bets on natural  gas plummeted, the fund told investors.<\/p>\n<p>  Greenwich-based Amaranth Advisors said in a letter late Wednesday that the fund lost about 55 percent of its year-to-date assets and about 65 percent month-to-date as of Tuesday, leaving the hedge  fund&#8217;s assets below $3.5 billion.<\/p>\n<p>  A Connecticut hedge fund that bet heavily on the natural gas market lost almost $6 billion over the past month as it sold assets at a loss to stay afloat while its bets on natural gas plummeted,  the fund told investors.<\/p>\n<p>  Greenwich-based Amaranth Advisors said in a letter late Wednesday that the fund lost about 55 percent of its year-to-date assets and about 65 percent month-to-date as of Tuesday, leaving the hedge  fund&#8217;s assets below $3.5 billion.<\/p>\n<p>  <a href=\"http:\/\/www.greenwichtime.com\/news\/local\/state\/hc-21184601.apds.m0215.bc-ct--amarsep21,0,5370344.story?coll=hc-headlines-local-wire\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greenwich Time &#8211; A Connecticut hedge fund that bet heavily on the natural gas market lost almost $6 billion over the past month as it sold assets at a loss to stay afloat while its bets on natural gas plummeted, [&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-5052","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5052"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5052\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}