Reuters Money: Even funds sour on Russia stay sweet on Magnit

	Click to View in Browser 09/17/2014 Even funds sour on Russia stay sweet on Magnit BOSTON/MOSCOW (Reuters) - Would you believe one of the West's favorite Russian stocks is a provincial grocery chain? Activist investor Peltz asks DuPont to split into two (Reuters) - Activist investor Nelson Peltz's Trian Fund Management LP, among the biggest shareholders in DuPont, has called on the chemical conglomerate to separate its high-growth businesses from those that generate strong cash flows. As Vanguard trounces U.S. rivals, it moves slowly overseas MALVERN Pa. (Reuters) - As U.S. investors race into Vanguard Group mutual and exchange-traded funds at breakneck speeds, the No. 1 mutual fund company's overseas operations have expanded at a comparative snail's pace. Calpers sticks with commodities after dropping hedge funds (Reuters) - Top U.S. pension fund Calpers is sticking with commodities, an asset class known for volatile markets and returns, despite finding hedge funds too costly to work with, a spokesman said on Tuesday. US CFTC revokes SAC Capital's registration as commodity hedge fund WASHINGTON (Reuters) - U.S. derivatives regulators formally revoked the registration of Steven A. Cohen's SAC Capital commodity fund units on Tuesday, as part of a settlement that comes in the wake of the firm's guilty plea to insider-trading charges last year. LPL says broker hiring strong, fourth quarter share buybacks possible NEW YORK (Reuters) - LPL Financial Holdings, the fourth largest U.S. brokerage firm with more than 13,800 brokers, said Tuesday it expects be at the high end of its hiring targets for 2014. Calpers exit could heap pressure on hedge fund fees BOSTON (Reuters) - The California Public Employees Retirement System handed fellow U.S. pension funds a hefty club to beat down hedge fund fees and demand better returns this week when it voted to pull out of hedge funds entirely, investors said. SEC's Gallagher calls for reforms in fixed income markets WASHINGTON (Reuters) - A top U.S. regulator called for major reforms in the fixed income markets on Tuesday, saying many of the rules are out of date and lack enough protections for retail investors. U.S. SEC imposes $9 million in sanctions for short-sale violations WASHINGTON (Reuters) - Nineteen trading firms and one trader will pay $9 million to collectively settle civil charges alleging they participated in a stock offering after shorting the stock during a restricted period, U.S. regulators said Tuesday. Swiss bankers urge EU deals to root out tax cheats, gain market access ZURICH (Reuters) - The head of Switzerland's banking association urged the government on Tuesday to strike deals with European neighbors to root out untaxed money in the country and make it easier for Swiss banks to do business abroad. Related Video Dow touches record ahead of Fed vote Alibaba who? Business News Fed may hint on rate-hike plan as it prepares for policy turn Wall St opens flat ahead of Fed statement 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