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Morning Line-Up: Tchenguiz, Galleon, Investors Vs Hedge Funds

News and views on the asset management industry from Reuters and elsewhere:

 Vincent  Tchenguiz eyes debt restructuring – FT

Rajaratnam trial latest – NYT

How investors turned the tables on hedge funds – Reuters

Time for a Horlick’s

Famed City ‘superwoman’ nicola Horlick is facing a tough fight to save her reputation after a move from the largest investor in her Bramdean Alternatives vehicle, property tycoon Vincent Tchenguiz, which could lead to her being ousted as investment manager.

Horlick, who once refused to hand over her valuable to a robber holding her at gun point, has already hit back at Tchenguiz. Bramdean Alternatives issued a letter on Thursday challenging him to substantiate his claims alongside a warnings that issuing misleading statements is an offence under the Financial Services and Markets Act.