Reuters Money: Europe's rich suffer lowest investment returns in years: survey

	Click to View in Browser 12/12/2012 Europe's rich suffer lowest investment returns in years: survey LONDON (Reuters) - Europe's richest families have suffered the lowest returns on their fortunes for five years, after economic turmoil pushed them to park too much money in underperforming safe havens, a report said on Tuesday. The perversity of student debt: James Saft (Reuters) - U.S. student debt levels are surging but along with degrees and skills the loans are producing perverse incentives and unforeseen economic consequences. Fidelity slashes fees on eight index mutual funds BOSTON (Reuters) - Fidelity Investments, the second-largest U.S. mutual fund company, on Tuesday slashed fees by as much as one-third on eight of its index funds. Best 401(k) plans take fees into consideration NEW YORK (Reuters) - Much of what makes a great retirement plan depends upon the cost to participants and the generosity of the company to its workers. Fidelity launches "dark pool" for large trades NEW YORK (Reuters) - Fidelity Investments' trading arm said on Tuesday it launched a new invitation-only "dark pool" for block trades that allows institutional investors to interact with orders from Fidelity's brokerage business. JPMorgan No. 1 in customer survey, rivals fall back (Reuters) - JPMorgan Chase & Co jumped to first in a U.S. customer satisfaction survey, as its three biggest rivals, including perennial leader Wells Fargo & Co, posted a decline in their scores. Jobs outlook modest ahead of "fiscal cliff": Manpower NEW YORK (Reuters) - U.S. employers are expected to continue adding jobs in the first quarter of 2013, but uncertainty over the "fiscal cliff" has tempered the outlook, according to a quarterly hiring survey by ManpowerGroup. Norquist won't oppose Republicans wobbly on taxes, yet WASHINGTON (Reuters) - Republican lawmakers who publicly mull acquiescing to tax increases on the wealthiest Americans may be guilty of "impure thoughts" in the words of anti-tax crusader Grover Norquist, but he says that alone is no reason to throw them out of office. U.S. women make slow progress into boardrooms, executive jobs NEW YORK (Reuters) - Although women make up nearly half of the U.S. workforce, only 16.6 percent have seats on the boards of Fortune 500 companies and the number has barely budged since 2005, according to a study released on Tuesday. Your Money: The "Apple Tax" - America's costly obsession NEW YORK (Reuters) - With the "fiscal cliff" looming, taxpayers are wringing their hands about all sorts of things. Income taxes might rise, dividends might get walloped, lifetime gift-tax exemptions might get slashed. Related Video Home stocks on shaky foundation Getting to the top of mobile wallets Business News Wall Street opens higher ahead of Fed announcement Import prices post biggest fall in five months 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