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  • WASHINGTON, Aug 18- Wall Street's self-funded regulator on Monday charged brokerage firm Wedbush Securities with having shoddy risk controls, a flaw that in turn allowed thousands of traders to flood U.S. markets and execute manipulative trades.

  • BOSTON, Aug 18- Thomas Conheeney, who was president of Steven A. Cohen's SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down and left successor organization Point72 Asset Management, it said on Monday.

  • *Partners strikes first buyout in China. HONG KONG, Aug 18- Swiss investment manager Partners Group Holding AG has agreed to buy the majority of China- focused elevator guide rail maker Savera Group for around 2 billion yuan, people with knowledge of the matter told Reuters.

  • HONG KONG, Aug 18- Swiss investment manager Partners Group Holding AG has agreed to buy the majority of Spanish elevator guide rail maker Savera Group for around 2 billion yuan, people with knowledge of the matter told Reuters.

  • New York state pension funds grows 3.6 pct in Q2 Friday, 15 Aug 2014 | 3:50 PM ET

    NEW YORK, Aug 15- New York state's pension fund grew 3.58 percent to an estimated $180.7 billion in the first quarter of the state's fiscal year ending June 30, New York state's Comptroller said on Friday.

  • BOSTON, Aug 14- Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc during the second quarter.

  • Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.

  • NEW YORK, Aug 14- Owning just US $25 m of bonds may be all it takes to accelerate payments on US $30 bn of Argentina's restructured debt, if holders of a particularly small series of New York- law Pars decide to pull the trigger.

  • Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.

  • *Merger to create Fiat Chrysler Automobiles. MILAN, Aug 14- Sergio Marchionne has shown he is determined to let nothing stand in the way of Fiat's merger with Chrysler, but a share price slide may yet force the CEO to hit the brakes on plans to turn the world's No. 7 carmaker into a top player.

  • BUENOS AIRES, Aug 14- The hedge funds suing Argentina over its 2002 debt default are an "international mafia" out to wreck the country's finances, the government said on Thursday, pumping up the rhetoric in a battle that is squeezing the struggling Argentine economy.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • Harvard Management Co invested in Covidien in Q2 - filing Wednesday, 13 Aug 2014 | 4:06 PM ET

    BOSTON, Aug 13- Harvard Management Co, which oversees the Ivy League school's $32.7 billion endowment, took a new position in surgical device maker Covidien Plc during the second quarter before news of a planned takeover helped push the stock price higher, a regulatory filing shows.

  • Judge cuts back Madoff trustee lawsuit vs Merkin Wednesday, 13 Aug 2014 | 11:32 AM ET

    NEW YORK, Aug 13- The trustee seeking money for Bernard Madoff's victims suffered his second loss in less than a week to Wall Street hedge fund manager J. Ezra Merkin, as a Manhattan bankruptcy judge dismissed most claims in a roughly $565 million lawsuit.

  • Japan pension fund review could set yen on slippery slope Wednesday, 13 Aug 2014 | 2:10 AM ET

    SYDNEY, Aug 13- The yen's steadiness against the U.S. dollar this year could be nearing its end, with Japan's currency likely to weaken should the country's giant public pension fund divert trillions of yen into overseas assets following an investment strategy review.

  • NEW YORK, Aug 12- Daniel Pollack, the court-appointed mediator in the debt dispute between Argentina and holdout creditors, who has come under fire from the Argentine government for his handling of the talks, expects to hold more meetings with both sides.

  • PARIS, Aug 12- Belgian power grid operator Elia, State Grid Corporation of China, Italian grid operator Terna and Canadian pension fund PSP Investments have been shortlisted to bid for a 66 percent stake in Greek grid operator ADMIE, a source familiar with the bidding process told Reuters.

  • NEW YORK, Aug 12- BlackRock Inc, which has been heavily promoting alternative investments to retail investors, intensified that effort on Tuesday with the launch of a new multi-manager fund.

  • LONDON, Aug 12- Concerns over conflict in Iraq, Ukraine and Gaza, future U.S. interest rate policy and pumped-up equity markets have prompted asset managers to scale back risk and raise the amount of cash held in portfolios, a survey showed on Tuesday.