Hedge fund allure gives way, Argentina on Singer’s ’ship’ list, Herbalife registers domains in Ackman’s name and more
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, Jan. 30, 2013:
Around the web
‘Just trust me’ allure of hedge funds gives way to ‘buyer beware’. (Gail MarksJarvis in the Chicago Tribune)
Relational Investors supports Elliott push for shake-up at Hess. (DealBook)
Paul Singer rants about Argentina ship drama in letter to Elliott Management investors. (New York Post)
Herbalife registers Internet domain names featuring Bill Ackman’s name. (The Guardian)
Guggenheim to hire as many as 10 managers for multistrategy hedge fund. Bloomberg)
Luxembourg-domiciled fund assets hit record $3 trillion. (FINalternatives)
Elliott’s Singer gives Bernanke a ‘D’. (FINalternatives)
Trian Fund Management backs away from State Street Corp. (FINalternatives)
Court rules in partner vs. partner dispute involving Apollo Medical Partners, will investigate forgery claim. (FINalternatives)
Prosecutors laud insider trading witness Karl Motley’s cooperation. (FINalternatives)
Double Haven Capital assets double on long-only mandate. (FINalternatives)
Fixed-income the most popular UCITS strategy. (FINalternatives)
F-squared tops $10 billion in AUM. (FINalternatives)
Barclays pay chief clashed with board on Diamond bonus. (Reuters)
It’s pensioners on the side of hedge funds making their case against Argentina. (DealBook)
Dodd-Frank drives swaps-to-futures migration. (Futures Industry)
Wider euro ‘Tobin tax’ will net €35 billion. (Financial Times)
LIBOR lies revealed in rigging of $300 trillion benchmark. (Bloomberg)
F&C reports £4.9 billion outflow in Q4 and closes listed hedge fund. (Investment Week)
People moves
Armajaro Holdings names Michael Hutchinson chairman from next week. (Bloomberg)
