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• US Pension Funds Sue BlackRock

  

  BlackRock, the world's largest asset manager, has systematically "looted" securities lending revenues from investors, according to a lawsuit filed by two US pension funds.

• ANALYSIS-Canadian hedge funds' growth dreams face tough reality

  Helped by start-ups in and around Toronto's financial district, the Canadian industry is estimated to manage more than C $30 billion, up from about $15 billion four years ago.

• Teacher retirement fund plans Big River Steel buy

  LITTLE ROCK, Ark.-- The Arkansas Teacher Retirement System hopes to invest $60 million in the $1 billion Big River Steel LLC mill planned for Osceola, officials announced Wednesday. The investment would be contingent on the Legislature's approval of a $125 million loan to help finance the mill project, which also would have to clear regulatory hurdles.

• UPDATE 3-Silver Lake hunts for investors in Dell deal-sources

  *Canada pension fund manager CPPIB in talks to join bid-sources. NEW YORK/ SINGAPORE, Jan 17- Silver Lake Partners, trying to finalize a bidding group to take Dell Inc private, is in talks with the manager of Canada's pension plan and other potential investment partners, people familiar with the matter said.

• ANALYSIS-Big flows into US stocks may be sign of things to come

  "We are at an inflection point where, especially in the U.S., you'll start to see net inflows into equities," said Margaret Patel, senior portfolio manager at Wells Capital Management, which oversees $331 billion in assets. "

• US Stock Funds Get Biggest Boost Since 2001: Lipper

  Investors in U.S.-based funds poured $7.53 billion into stock mutual funds, the most since 2001, after U.S. lawmakers reached a deal to avert tax increases and spending cuts, data from Thomson Reuters' Lipper service showed on Thursday.

• California treasurer targets makers of ammunition clips

  SAN FRANCISCO, Jan 8- California Treasurer Bill Lockyer will urge the state's pension funds to sell investments in manufacturers of high-capacity ammunition clips, building on his push for them to divest from firearms manufacturers whose guns are banned in the state, a spokesman said on Tuesday.

• UPDATE 2-NY pension fund sues Qualcomm for political records

  Jan 3- New York State's $150- billion public pension fund has sued Qualcomm Inc., seeking to force the chip maker to reveal its political spending, according to the state comptroller.

• Blackstone seen sticking with SAC despite insider trading probe

  *Blackstone funds have $550 million with SAC Capital. Three sources said the asset management arm of Blackstone, which has $550 million invested with SAC Capital, is in no rush to redeem money from the Stamford, Connecticut- based hedge fund.

• Equities Big in Japan Again as Abe Wakes Up Markets

  

  Japan's December rally has handed Asia's struggling stock traders an early Christmas present as the rare flurry of activity in Tokyo helps make an otherwise bleak year end on a brighter note.

• Equities big in Japan again as Abe wakes up markets

  HONG KONG, Dec 20- Japan's December rally has handed Asia's struggling stock traders an early Christmas present as the rare flurry of activity in Tokyo helps make an otherwise bleak year end on a brighter note.

• UPDATE 4-Vanguard sets record with customer inflows of $130 bln

  Dec 19- Vanguard Group said customers had invested $130.4 billion in its mutual and exchange-traded funds during the first 11 months of 2012, beating the fund industry's previous annual inflow record.

• WRAPUP 1-Newtown backlash prompts gun investment overhaul

  Dec 18- U.S. gun makers are facing pressure from some major U.S. investors after the Newtown elementary school shooting, with private equity firm Cerberus Capital Management LP announcing it would sell the largest U.S. manufacturer of firearms and major public pension funds reviewing their gun-related investments.

• UPDATE 6-AIG marks end of era with $6.45 bln AIA stake sale

  HONG KONG, Dec 18- American International Group Inc raised $6.45 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.

• UPDATE 5-AIG raises $6.45 bln from AIA stake sale

  HONG KONG, Dec 18- American International Group Inc raised $6.45 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.

• AIG begins sale of another block of AIA shares

  HONG KONG, Dec 17- American International Group said it has commenced a sale in Hong Kong of up to all of its ordinary shares of AIA Group by means of a placing to certain institutional investors. AIG has a 13.69 percent stake in AIA, valued at $5.9 billion.

• China lets foreign sovereigns, c.banks exceed $1 bn investment limit

  SHANGHAI, Dec 15- China's foreign exchange regulator has removed the $1 billion limit for foreign sovereign wealth funds, central banks and monetary authorities buying Chinese assets through the Qualified Institutional Investor Programme.

• NYC teachers pension to invest $1 bln in infrastructure

  Dec 13- New York City's teacher pension fund said on Thursday it will make $1 billion of new investments in infrastructure throughout the city and state as the region repairs the devastation wrought by Superstorm Sandy.

• China pension fund gap to top 80 pct of 2011 GDP by 2050

  BEIJING, Dec 13- China is likely to accumulate a massive funding shortfall in its urban pension system by 2050 unless it raises its retirement ages and taps more state assets, according to a book published this month that takes an in-depth look at China's finances.

• Spain's Endesa, Chile pension funds in capital hike deal-source

  SANTIAGO, Dec 7- Spain's Endesa SA and Chilean pension funds have clinched an agreement over regional energy group Enersis SA's controversial planned capital increase, a pension fund source told Reuters on Friday.