Reuters Money: China hasn’t got investors’ backs: James Saft

	Click to View in Browser 09/16/2014 China hasn't got investors' backs: James Saft (Reuters) - (James Saft is a Reuters columnist. The opinions expressed are his own) Investors team up to find path through risky dark pools LONDON (Reuters) - Stock investors who recognize the risks of trading in anonymous "dark pools" but are unwilling to spurn them have found an alternative: club together. Calpers dumps hedge funds citing cost, to pull $4 billion stake (Reuters) - The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it finds them too costly and complicated. Morgan Stanley shrinks managed mutual fund program NEW YORK (Reuters) - Morgan Stanley remains the world's biggest seller of managed accounts, in which customers pay a fee rather than trade-based commissions to have their assets managed, but it is phasing out a program that lets them choose among more than 300 actively managed mutual funds for their investments. U.S. city and county pension funding up nearly 6 percent in 2013: report (Reuters) - Funding levels for city and county pension plans rose almost 6 percent in 2013 from the previous year, according to a report released by Wilshire Consulting on Monday. Want to save big money? Consider the no-booze budget NEW YORK (Reuters) - Would you give up alcohol to help balance the family budget? Why advisers disagree about hawking their performance September 12 (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.) David Rosenberg: U.S. stocks in correction, but bull market intact NEW YORK (Reuters) - The U.S. stock market has entered into a corrective phase, but the underlying bull market remains in place, David Rosenberg, chief economist and strategist of Canadian asset manager Gluskin Sheff, said on Thursday. As music sales fall, sax player Kenny G turns to stockpicking NEW YORK (Reuters) - Kenny G, the best-selling jazz musician who once played at President Bill Clinton's inaugural ball, wakes up every morning to Starbucks. Negative yield threat prompts BlackRock to act on money market fund LONDON (Reuters) - Global fund manager BlackRock said on Friday that it had told investors in one of its money market funds it would rebalance the fund daily in response to the threat of negative yields. Related Video Alibaba boosts IPO; investors sell tech Stocks break five- week winning streak Business News Wall St. opens down ahead of Fed meeting Weak gasoline, food prices dampen U.S. producer inflation The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend