Transaction tax odds in Congress, Einhorn’s ‘iPrefs’, hedge funds up in February, the Jim Rogers-Marc Faber China debate and more
By Chris ClairWhat’s news around the hedge fund industry for Thursday, Feb. 21, 2013:
Around the web
Economist in a tizz with lure of East. (London Evening Standard, second item)
How London & Capital is taking on the eurozone. (Citywire)
U.S. financial transaction tax bill faces tough reception in Congress. (The Trade News)
In Apple fight, Einhorn unveils ‘iPrefs’. (DealBook)
Carlyle Group profit drops. (FINalternatives)
Aquila Capital’s innovative risk parity bond strategy. (HedgeCo.net)
Hedge funds gain 2% as January outflows hit $9 billion. (FINalternatives)
Hedge funds add 0.53% as of mid-February. (FINalternatives)
National Healthcare Development Fund aims to capitalize on problems facing U.S. healthcare system. (FINalternatives)
Goldman Sachs: Hedge funds most bullish on stocks since 2007. (WSJ’s MarketBeat blog)
Forget Icahn/Ackman’s Herbalife argument, Jim Rogers and Marc Faber’s Chinese debate is more crucial. (Benzinga)
What happens with high-flyers in the finance sector fall to earth. (The Times)
Swiss lawmakers back watchdog over LIBOR UBS probe. (Reuters)
Deutsche Boerse CEO says Asian expansion top priority. (Bloomberg Businessweek)
Winton Capital applies science to finance. (Financial Times)
Cairn Capital launches CLO. (Financial Times)
Einhorn under fire from Greenlight investor. (Financial Times)
People moves
Affiliated Managers Group opened a new office in Zürich, Switzerland, and appointed Patrick Sege as director and head of distribution for Switzerland and Axel Weiss as director of sales and relationships for Germany. Both men will work in the new Zürich office, according to a news release from AMG. Sege previously worked at Liongate Capital Management as head of sales and business development for Switzerland and continental Europe. Weiss was with Fidelity Investments, where he was director of sales and relationships for institutional clients.
Citigroup vice chairman Chad Leat to retire. (WSJ, via eVestment)

