London losing title, what’s wrong with 0%, what does Ken Griffin really want, currency HFs down in Oct. and more
By Chris ClairWhat’s news around the hedge fund industry for Monday, Nov. 12, 2012:
Around the web
London to lose title of world’s finance capital, study warns. (The Guardian)
Hedge funds: What’s wrong with a 0% return? (IPE.com)
What does Ken Griffin really want from E*Trade? (Crain’s Chicago Business)
Hedge funds caught in the middle of battle between Elliott Management’s Paul Singer and Argentina. (New York Post)
Currency hedge funds fall 0.73% in October. (FINalternatives)
Investec Asset Management, Jupiter Fund Management chiefs hit back at FSA critique. (FINalternatives)
End of a crude alliance between U.S. and the Middle East? (WSJ’s The Source blog)
Park Avenue’s well-to-do: How they stay that way. (NYTimes.com)
Women are still rare in trading jobs. (City A.M.)
‘Nobody cares about the difference between thirty-six and thirty-nine percent, if that extra three percent goes to the right things. (The New Yorker)
Citigroup awards Pandit $6.65 million. (DealBook)
Giants say Lehman subpoena demands are out of bounds. (Fox Business)
SEC begins formal inquiry into Knight related to computer error. (Bloomberg)
Investors rallied for Xstrata deal vote. (Financial Times)
Hedge fund managers with legal entanglements. (HedgeFund.net)
Hedge fund playboy and Romney backer Marc Leder fathers a love child with Upper West Side woman. (New York Post)
China to raise RQFII quota by 200 billion yuan: CSRC. (Reuters)
People moves
Brevan Howard nabs top mortgage trader Josh Bertman. (FINalternatives)
Dechert boosts Luxembourg presence with hire of Patrick Goebel as partner. (Investment Europe)
