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Money managers under the microscope
Morning Line-Up: Bluecrest, Pershing, Gartmore
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News and views on the asset management industry from Reuters and elsewhere:
California hedge fund manager settles SEC probe – Reuters
Hedge funds tapped rescue program – WSJ
Pershing Square funds up 3.5-4.9 pct in Q3 – WSJ
Gartmore tells 35 staff likely to lose jobs – source – Reuters
Senior staff exit hedge fund firm Bluecrest – source – Reuters
China’s first gold fund to boost demand for gold – Gold Prices
Turcan Connell launches absolute return fund – Hedgeweek
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