Asian hedge fund industry challenges, ‘Madoff Day’, Astenbeck up, Fidelity’s Arden deal and more
By Chris ClairWhat’s news around the hedge fund industry for Friday, Dec. 7, 2012:
Around the web
Asian hedge fund industry faces challenges ahead. (Channel News Asia)
On the occasion of ‘Madoff Day,’ think about how to avoid fraud. (NYTimes.com)
Diamondback: redemption, then death. (New York Post)
Volatile Astenbeck up 3% with one month to go. (FINalternatives)
John Paulson’s hedge funds weather another tough month. (CNBC)
IndexIQ: Hedge funds up 0.39% in November. (FINalternatives)
Fidelity offers hedge fund acces via Arden Asset Management tie. (WSJ.com)
DoubleLine Capital’s Jeffrey Gundlach shoves success in TCW’s face. (Dealbreaker, via FINalternatives)
Transport for London to park pension pot in hedge funds Och-Ziff Capital Management, Arrowgrass Capital Partners and Bridgewater Associates. (The Telegraph)
Citadel trade secret cases raise thorny legal issue. (Chicago Tribune)
Hard times see Chris Hohn’s TCI hedge fund profits slide. (The Telegraph)
High Court gives The Children’s Investment Fund time to respond to Centre’s reply on CIL issue. (Economic Times of India)
Dodd-Frank swap rules delayed as CFTC eases transition. (Bloomberg)
People Moves
Nelson Saiers made partner at Alphabet Management after 27% gain. (Bloomberg)

