Psychopathic capitalists, Asia HF growth, are alternatives alternative, overreacting to JPM and more
By Chris ClairWhat’s news around the hedge fund industry for Monday, May 14, 2012:
Around the web
ICE grain contracts kick off turf war with CME. (Reuters, via the Chicago Tribune)
Daniel Loeb: Southern California native who takes on corporate executives. (San Jose Mercury News)
Capitalists and other psychopaths. (The New York Times)
Icahn expected to disclose stake in Chesapeake. (WSJ.com)
Crédit Agricole plans contingency for Greek exit. (The New York Times)
Lost assets reclaimed by Asia hedge funds. (Financial Times)
EMIR technical standards unlikely to be overly onerous, predicts AIMA. (HFMWeek)
Elliott Argentine bond bid wins vote of ex-Bush administration official. (Bloomberg)
Hedge funds should be classified as ’shadow bankers,’ says Germany’s Bafin. (HFMWeek)
GlobeOp sees 1.27% net inflows for May. (HFMWeek)
Alts: Are they alternative any more?. (Registered Rep)
Switzerland’s alternative investment industry adapts to new climate. (Hedgeweek)
UCITS inflows surge during March, EFAMA says. (FundWeb)
MassPRIM CIO on shedding funds of funds: A liquidity reality check. (AI CIO)
Don’t overreact to JPMorgan’s loss. (Steven Ratner)
Jamie Dimon’s failure. (Felix Salmon)
Fired Citadel programmer Yihao Pu indicted for stealing hedge fund’s code. (FINalternatives)
Pierre-Henri Flamand’s Edoma Capital down in first quarter. (FINalternatives)
Steve Cohen eyes the San Diego Padres. (FINalternatives)
Absolute Return for Kids raises $22.8 million. (FINalternatives)
Ina Drew’s replacement, Matthew E. Zames, has a history with risk, including at LTCM. (DealBook)
China’s economic data disaster. (Financial Times)
China emerges as Asia hedge fund capital. (HedgeWeek)
People moves
Goldman names new client-focused trading head: memo. (Reuters)
Insparo Asset Management hires emerging markets specialist Cian Walsh as senior portfolio manager. (HFMWeek)
Credit Suisse Brazil hedge fund Hedging-Griffo gets new chairman, Antonio Quintella. (FINalternatives)

