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  • Sept 15- 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.

  • Sept 15- 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.

  • PARIS, Sept 15- European shares slipped on Monday, with stocks trading in a narrow range before Scotland votes on independence and the Federal Reserve holds it latest policy meeting, both events that are due later this week.

  • Sept 15- Alibaba Group Holding Ltd could have sold nearly $2 billion worth of stock without lifting a finger. One of the sources said that Alibaba eventually was satisfied that Nasdaq had solved the issue and chose NYSE because its overall pitch was better.

  • The total AUM of emerging market funds tracked by the Boston- based EPFR Global consultancy had risen to $1.4 trillion from $900 million before the Lehman crisis, it added. While these amounts are dwarfed by the AUM of funds dedicated to the United States or Europe, they are large relative to emerging stock and bond markets.

  • *To list shares in Dubai on Oct. 2. DUBAI, Sept 14- Dubai's Emaar Properties is seeking to raise as much as 5.8 billion dirhams from an initial public offer of shares in its shopping malls unit that is expected to be the Gulf's biggest stock sale since 2008..

  • NEW YORK, Sept 12- The recent wobbly stretch in both stocks and bonds may persist for the short term if the U.S. "If investors feel the Fed is becoming more hawkish, that's actually a negative for all asset classes with the exception of the dollar," said Chris Gaffney, senior market strategist at EverBank Wealth Management in St. Louis, Missouri.

  • Labor group complains about New Jersey investments Friday, 12 Sep 2014 | 8:35 AM ET

    A labor group filed an ethics complaint Friday claiming it was improper that the man who oversees investments of New Jersey's pension funds was also involved in Gov.

  • Sept 11- Billionaire investor Carl Icahn's son, Brett Icahn, has scrapped plans to start his own hedge fund firm and will continue staying with his father's firm, a source familiar with the situation told Reuters on Thursday.

  • Why fund managers are sad you're not on vacation Thursday, 11 Sep 2014 | 4:17 PM ET

    NEW YORK— Your stock-fund manager wishes you'd buy more fun things. Most mutual funds are failing to keep up with broad market indexes again.

  • NEW YORK, Sept 11- The highly anticipated debut of Alibaba Group Holding Ltd, the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000.. Alibaba's IPO, which could come as soon as Sept. 19, could raise more than $21 billion and claim Facebook Inc's title of biggest tech IPO.

  • The filing, made public on Wednesday by Securities and Exchange Commission Administrative Law Judge Carol Fox Foelak, comes just a few weeks before Wedbush was set to fight the charges in an SEC court hearing in Los Angeles.

  • NEW YORK, Sept 10- A New York state pension fund has given Goldman Sachs Group Inc $2 billion to invest with outside managers, Goldman and the fund said in a statement on Wednesday, a first for a fund that has traditionally picked managers itself.

  • LONDON, Sept 10- London Stock Exchange Group said on Wednesday that its shareholders have approved the company's planned $2.7 billion takeover of U.S. index compiler and asset management firm Frank Russell.

  • US stocks end higher as Apple shares jump Wednesday, 10 Sep 2014 | 4:38 AM ET

    NEW YORK— U.S. stocks broke two days of losses on Wednesday as a jump in Apple shares helped push indexes higher. "The economy is getting better, and that worries people," said John Manley, chief equity strategist at Wells Fargo Funds Management. EBay fell 3 percent over fears its PayPal division will lose business to Apple's new payment system.

  • Telecom was the weakest group of the day, down about 1 percent, pressured as Verizon Communications lost 1.2 percent to trade at $48.94. Amazon.com Inc also pressured the broader market, falling 2.1 percent to $335.11.

  • US STOCKS-Wall St dips early but uptrend seen intact Tuesday, 9 Sep 2014 | 10:12 AM ET

    "Right now we're in the same playbook we've been all year, where we hit a new high, consolidate for a week or so, and then march higher to another record," says Chris Bouffard, chief investment officer at the Mutual Fund Store in Kansas City, Missouri, which has $9 billion in assets under management.

  • LONDON, Sept 9- At the heart of the debate about whether or not Scotland can prosper as an independent country, ahead of a vote on Sept. 18, is the issue of what would happen to its financial services industry.

  • NY comptroller gets involved in FairPoint dispute Tuesday, 9 Sep 2014 | 8:46 AM ET

    The New York comptroller is getting involved in the FairPoint labor dispute, using his clout with the company's biggest shareholder to ensure the company's workforce is treated fairly. Thomas DiNapoli expressed concerns about allegations that FairPoint improperly declared an impasse in negotiations with unions representing more than 1,700 workers.

  • SYDNEY, Sept 9- LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, said it has raised $400 million for socially responsible investments in Asia and Africa- the largest ever for a fund specializing in low-income emerging market financial services.