Sandy storm coverage, eurozone hedge funds to shrink, Cartesian cuts Ignis ties, MF Global’s problems years old and more
By Chris ClairWhat’s news around the hedge fund industry for Monday, Oct. 29, 2012:
Around the web
Markets closed Monday, probably Tuesday also. (Reuters)
Top regulators warn on expanding president’s powers. (Reuters)
Milken’s past invoked in Gupta’s sentencing. (DealBook)
Hurricane preparations on Wall Street, the social media edition. (DealBook)
Collapsed crane dangling from ‘Global Billionaires’ Club’ 90 stories high in 100-MPH winds. (Daily Kos)
Credit Suisse stocks chief Bob Jain said to move to hedge fund unit. (Bloomberg, via SFGate)
Brevan Howard said to hire Credit Suisse’s Hirak Biswas, Don Carson. (Bloomberg)
Wall Street, hedge funds braced for Hurricane Sandy. (FINalternatives)
Eurozone hedge funds to shrink. (FINalternatives)
Cartesian Capital Partners cuts ties with Ignis Asset Management. (The Herald Scotland)
Irish Central Bank to review hedge funds. (Irish Times)
Oshkosh rejects Icahn’s offer and moves to protect itself. (DealBook)
UBS said to plan 10,000 job cuts, investment bank shrinks. (Bloomberg Businessweek)
Mitt Romney’s money heads for Hollywood, courtesy of Elliott. (Financial Times)
New data show small hedge funds do better. (Financial Times)
CFTC said to set appeal court ruling on trading limits. (Bloomberg Businessweek)
MF Global problems started years ago. (WSJ.com)
Fort Worth Employees’ Retirement Fund commits to BTG Pactual. (Pensions & Investments)
People moves
Illumination Asset Management taps industry veteran Joe Sullivan as COO. (FINalternatives)
