It always confused me how airline business lounges could charge extra for WiFi access.  After charging an arm and a leg for lie-flat seats and 290 hours of TV reruns, airlines still make you crack open the AllAboutAlpha.com corporate credit card just to access the web.  Well, the friendly folks at our local Star Alliance lounge have finally come to their senses, providing me with the (free) pleasure of uploading a bunch of news stories we’ve been watching this week but didn’t get a chance to write about…

Incubators on look-out for start-up managers: According to the FT, “The upheaval in global capital markets is creating abundant new investment targets for hedge fund incubators.”

Road to hedge fund riches is rockier now: On the other hand, the Guardian reports that “Starting a hedge fund was long considered the road to riches for money managers, but the path has become much rockier in the last months.”

ICG head slams hedge fund pay: From the hedge fund compensation beat, we bring you one well-paid manager who apparently has a beef with the (market-to-market) remuneration of his industry colleagues.

Hedge fund performance fees spark debate: The FT picks up on this theme, reporting that “A debate is breaking out across Wall Street about whether hedge funds that specialise in illiquid investments should adopt compensation policies more like those of private equity firms.”

Super funds eye hedge funds: Meanwhile down-under, a university study finds institutions are planning to increase their allocations to hedge funds substantially over the next 2 years.

Northern Foods adopts LDI ahead of ‘challenging’ year: Pizza technician tells IPE it has a “significant pension asset and liability in relation to the company size…”

Pioneer lines up more hedge fund launches for retail market: Small investors in Luxembourg, Italy, Spain, France, Germany and Austria how have something new to choose

Alternative investment industry shifts to support more formal regulation: PwC study says the industry is coming around to more regulation - and kinda liking the idea.

Hedging Meets ETNs With Launch Of First 130/30 Portfolio: Index Universe covers the launch of the first 130/30 Exchange Traded Note (ETN).

That’s all for now.  The show is going on the road this week to the inaugural European edition of the event whose name cannot be mentioned (since there is a strict “no-media” policy).  Regular readers will remember the original, equally as secretive, annual edition in Boston.  While we are banned from reporting specifics, we’ll try to tell you about the major themes arising at the event over the coming days.

- AM