Rajiv Goel to be sentenced, Fortresses outpaces indexes, Russell closing Bell Point, the JOBS Act and hedge funds and more
By Chris ClairWhat’s news around the hedge fund industry for Friday, Sept. 7, 2012:
Around the web
Richard Gere on his new film ‘Arbitrage’ and his acting method. (Washington Post)
Rajiv Goel, key witness in Raj Rajaratnam trial, is set to be sentenced. (DealBook)
Fortress outpaces indexes in credit and macro funds. (WSJ.com)
How will the JOBS Act impact hedge funds? (AI-CIO)
Ex-Citadel’s Joseph Russell said to close Bell Point hedge fund. (Bloomberg Businessweek)
Blackstone Group’s David Blitzer said to manage $1.5 billion fund. (Bloomberg Businessweek)
Brevan Howard still in negative ‘12 territory. (Institutional Investor, via FINalternatives)
ECB sovereign bond program step in right direction, fund managers say. (IPE.com)
Big fund managers cautious on ECB bond-buying program. (WSJ.com)
Investors expect LIBOR to be replaced within five years. (Bloomberg)
Hedge funds strengthening risk management practices says MFA study. (Hedgeweek)
LightSquared lenders oppose extending Falcone’s control. (Bloomberg)
U.K. FSA moves to safeguard client assets. (Financial Times)
Hedge fund investors take fundamentalist view. (Asian Investor)
‘Non, je ne regrette rien’ – Momentum Global Investment Management CIO John Caulfield – the allocator who exited John Paulson, by 2007. (Investment Europe)
People moves>
Phoenix Investment Adviser founder Jeffrey Peskind hires former colleague Dixon Lee. (FINalternatives)
