What’s news around the hedge fund industry for Wednesday, Sept. 5, 2012:

Around the web

Ex-Altera executive Hyung Lim pleads guilty to passing insider tips. (Bloomberg)

Pruning hedge fund regulation without cultivating better rules. (DealBook)

Travelodge can blame its pain on Dubai. (Nils Pratley in The Guardian)

Advertising gives hedge funds a whole new mousetrap. (Richmond (Va.) Times-Dispatch)

CME’s volume falls 40% in August. (Crain’s Chicago Business)

Wife of Third Point executive Jeffrey Perry accuses Third Point of conspiring to destroy Fairfax Financial Holdings. (FINalternatives)

Cliff Asness, Chase Coleman, Leon Cooperman, Ray Dalio, Michael Platt all make Bloomberg Markets’ Most Influential list. (Bloomberg, via SFGate)

Broker linked to South African hedge fund fraud says ’sorry’. (FINalternatives)

Altin AG up 2.58%. (FINalternatives)

Asset class correlation is the new normal. (The Hedge Fund Journal)

With lax regulation, a risky industry flourishes offshore. (DealBook)

Why Dodd-Frank extraterritoriality is fundamentally flawed. (IFLR)

Forex brokers back HFT clampdown. (Financial Times)

Shanghai Hedge Fund Association launches strategic partnership between foreign and domestic institutions in China. (Opalesque)

Study: Hedge funds benefit from institutional investors unloading. (HedgeFund.net)

For hedge funds, half a percent is the new move. (CNBC)

The Wall Street summer intern diaries: ‘Paul’ at Barclays. (New York Magazine)

Iron man: Alec Litowitz has grown Magnetar to more than $9 billion. (AR)

People moves

Newedge beefs up alternatives team. (FINalternatives)

This entry was posted on Wednesday, September 5th, 2012 at 7:28 pm and is filed under 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.