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(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...

(Reuters) - (James Saft is a Reuters columnist. The opinions expressed are his own)

(Reuters) - Calpers, the largest U.S. pension system, said on Monday it has scrapped its hedge fund program and will pull about $4 billion in its investments from 30 such funds.

(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.

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.

CHICAGO (Reuters) - Monday marks the sixth anniversary of the bankruptcy filing of Lehman Brothers, a key event in the Wall Street meltdown that led to the Great Recession. The recession wreaked...

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...

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.

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...

September 12 (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.)

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