Hedge funds up in January, Harbinger loses on LightSquared, Boyer Allan to close and more
By Chris ClairWhat’s news around the hedge fund industry for Friday, Feb. 3, 2012:
Around the web
Hedge funds add 1.34% to start year, Credit Suisse index shows. (FINalternatives)
Falcone’s Harbinger Capital Partners lost 47% in 2011. (Bloomberg TV) Story.
Boyer Allan Investment Management to shut. (HFMWeek)
Kyle Bass urges Texas state university endowment to hold gold hedge. (Bloomberg)
North Carolina Retirement Systems to increase hedge fund investments. (Pensions & Investments)
Hedge funds raising money for Mitt Romney. (Bloomberg TV)
FX Concepts’ John Taylor says Fed’s easy money policy to weigh on dollar. (Bloomberg)
TD Bank to add $255 million reserve for Scott Rothstein litigation fallout. (South Florida Business Journal)
Push sputters for credit default swaps futures. (WSJ.com)
Farmers say CME’s post-MF Global fund inadequate. (Reuters)
‘Too early’ to spot gaps in global regulation. (Financial Times)
Towers Watson adds CTA funds to its buy list. (HFMWeek)
U.S. brokerage firms closing shop after trading drop-off, capital squeeze. (Bloomberg)
After hedge funds, a career rejuvenation for Julie Macklowe. (Bloomberg Businessweek)
HSBC set to move most of its U.S. fund services to Dublin. (Irish Independent)
Do hedge funds like Facebook’s IPO? (HedgeFund.net)
Legg Mason launches Permal Hedge Strategies Fund. (HedgeCo.net)
Carlyle Group backs down on lawsuit ban. (FINalternatives)
Tax break pushes corporate taxes to just 12.1% of profits, lowest level in 40 years. (WSJ.com)
Banks depleting earnings backstop. (WSJ.com)


February 6th, 2012 at 11:32 am
[...] Hedge Funds Up In January, Harbinger Loses On Lightsquared, Boyer Allan To Close And More (Reuters Hedge World) [...]