What’s news around the hedge fund industry for Monday, Feb. 13, 2012:

Around the web

Hedge funds gain 1.78% in January: BofAML, via FINalternatives)

Soros says Merkel taking Europe in the wrong direction. (AFP, via Breitbart)

Jerry Hall’s former lover, and a ÂŁ1.4 billion hedge fund ‘plot’. (The Telegraph)

LIBOR fixing investigation shakes the City as RBS and big-name traders are pulled into the net. (This is Money)

Andrew Osborne, broker in Punch Taverns-Greenlight Capital insider trading storm, to accept fine. (The Independent)

Shorting Cupid: Short sellers fixate on Valentine’s Day bets. (WSJ’s MarketBeat blog)

Six surprising things social media can predict. (The Week) Hint: one of them involves investing.

The 400% man: How a college drop-out at a tiny Utah hedge fund called Arlington Value Management beat Wall Street, and why most managers are scared to copy him. (Smart Money)

Volcker to push back on banks’ trading. (WSJ.com) More.

San Francisco’s Galiam Capital launches quant fund. (FINalternatives)

Insider trading rules threaten fact finding. (Financial Times)

Obama budget targets carried interest. (Fortune)

CalPERS’ Joseph Dear: Carried interest tax loophole ‘indefensible. (Fortune’s Term Sheet blog)

Louis Moore Bacon prepares to surface. (Fortune’s Term Sheet blog)

11 charts about income inequality in America. (Mother Jones)

Wealth advisors broaden offerings to include hedge funds. (FINalternatives)

$50 million profit drop for Bahrain’s Investcorp due to ‘negative returns from hedge funds’. (The National)

Hard-hit hedge funds slam Investcorp. (FINalternatives)

Alternatives surge predicted under Solvency II. (Professional Pensions)

Ex-TCI, Citadel execs Masroor Siddiqi and Bruce Emery set up Naya Capital. (Financial News, via FINalternatives)

Insurers plan to boost alternatives. (Financial Times)

MF Global: It’s not over until it’s over. (Francine McKenna on Forbes.com)

Penn endowment cuts credit hedge funds as bond yields fall. (Bloomberg, via the San Francisco Chronicle)

Invesco Perpetual ditch hedge fund manager on Select Trust. (Citywire)

Ex-trader’s inside job on Morgan Stanley – a review of the novel “On the Floor”. (City AM)

Cevian builds up stake in Cookson. (Financial Times)

TPG’s GlobeOp takeover seen topped as Carlyle’s SS&C weighs bid. (Bloomberg)

Hedge fund titans betting €9 billion on Ireland’s recovery. (Irish Independent)

They don’t move the market. (Smart Money)

Ex-expert network employee James Fleishman denied bail during appeal. (WSJ’s Law Blog)

Lloyd Blankfein’s short pitch for marriage equality. (YouTube)

Occupy movement regroups, preparing for next phase. (The New York Times)

People moves

Bryan, Garnier Asset Management hired Epiphanios Michael, also known as “Epi” to be the fund manager for its European long/short product, according to a news release from the firm. Michael previously worked as an analyst covering European stocks for a long/short European fund at StormHarbour Alternative Investments.

Ex-State Street executive Mark Marinella joins F-Squared Investments. (FINalternatives)

Man Group hires Scott Kerson as head of commodities in London. (Bloomberg)

Michael Hufton out at Sloane Robinson. (FINalternatives)

Northern Trust hires hedge fund industry veterans. (HedgeFund.net)

This entry was posted on Monday, February 13th, 2012 at 6:02 pm and is filed under Daily News, Economics, News Roundup. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.