{"id":9410,"date":"2008-12-19T00:00:00","date_gmt":"2008-12-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-to-stem-losses-in-2009-gfias-peter-douglas-says","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/12\/2008\/hedge-funds-to-stem-losses-in-2009-gfias-peter-douglas-says.html","title":{"rendered":"Hedge Funds to Stem Losses in 2009, GFIA&#8217;s Peter Douglas Says"},"content":{"rendered":"<p>Bloomberg &#8211;&nbsp;Hedge funds, on course for the worst year on record, will stem losses in 2009 as managers of equity long-short funds and macro funds attract investors, <a href=\"http:\/\/search.bloomberg.com\/search?q=Peter+Douglas&#038;site=wnews&#038;client=wnews&#038;proxystylesheet=wnews&#038;output=xml_no_dtd&#038;ie=UTF-8&#038;oe=UTF-8&#038;filter=p&#038;getfields=wnnis&#038;sort=date:D:S:d1\">Peter Douglas<\/a>, principal of hedge-fund consulting firm GFIA Pte said. <\/p>\n<p>Managers of credit strategies may also outperform because a dearth of available credit from banks will create a niche opportunity, said Douglas, also the chairman of the Asia chapter of the Alternative Investment Management Association. <\/p>\n<p>While the industry has lost more than a fifth of its assets from the peak of $1.9 trillion in June in the worst market turmoil since the Great Depression, hedge funds have on average outperformed global benchmarks. They <a href=\"..\/apps\/quote?ticker=HFRIFWI%3AIND\">declined<\/a> 18 percent on average through Nov. 30, compared with a 44 percent slide in the MSCI World Index in the period. <\/p>\n<p>&ldquo;We had all sort of bad stuff going around, but in the end, you&rsquo;ve been far better being in hedge funds than anywhere else, except for keeping your cash under the bed,&rdquo; said Douglas in a telephone interview Dec. 17. &ldquo;I don&rsquo;t think that the deleveraging process is completely finished and we will see some more next year, but the bulk of it has happened already.&rdquo; <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&#038;sid=aO4wcapkn_JE&#038;refer=worldwide\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;&nbsp;Hedge funds, on course for the worst year on record, will stem losses in 2009 as managers of equity long-short funds and macro funds attract investors, Peter Douglas, principal of hedge-fund consulting firm GFIA Pte said. Managers of credit [&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":[9419],"class_list":["post-9410","post","type-post","status-publish","format-standard","hentry","tag-magnus"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9410","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=9410"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9410\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}