Reuters Money: 400 Capital hires Yeung for agency mortgage strategies

	Click to View in Browser 11/12/2013 400 Capital hires Yeung for agency mortgage strategies BOSTON (Reuters) - Hedge fund 400 Capital, which invests primarily in residential and commercial mortgage-backed securities, hired a new executive to position itself to make money in mortgage-backed securities issued by government sponsored agencies like Freddie Mac, Fannie Mae and Ginnie Mae. Column: Smart-beta stock ETFs focus on fundamentals CHICAGO (Reuters) - Holding stocks in a passive index fund as a core portfolio holding has generally been a rock-solid idea. You can own nearly the entire market at a low cost and not get snagged in market timing errors. Column: ECB, Fed pile risk upon risk - James Saft (Reuters) - With the European Central Bank and U.S. Federal Reserve pulling the same way, global interest rates will be lower for longer, feeding an ongoing rally in risky assets. Manulife to expand private asset management business TORONTO (Reuters) - Manulife Financial Corp, Canada's largest life insurer, said on Monday it plans to expand its private asset management business, allowing clients its such as pension funds to invest in timberland, farmland, real estate and private equity assets. Icahn spoke again with Apple's Cook on stock buyback: CNBC NEW YORK (Reuters) - Activist investor Carl Icahn has spoken with Apple Inc. Chief Executive Tim Cook again to discuss a potential stock buyback, cable television network CNBC reported on Monday. Column: U.S. woman finds encore career providing homes to disabled vets CHICAGO (Reuters) - Vicki Thomas was at an age where many people look forward to retirement. She had enjoyed a successful career in public relations and marketing, including stints at a financial services trade group, a major television network, and running her own Connecticut-based marketing company. Column: Colleges may penalize you for ranking financial aid applications LOS ANGELES (Reuters) - College applications aren't fraught enough, so here's something else to worry you. The order in which you list your preferred colleges on federal financial aid applications could be used against you. Flex spending rollovers may come fast, or not at all NEW YORK (Reuters) - The U.S. Treasury has removed the "use-it-or-lose it" restriction of flexible spending accounts, but it is not clear whether the change will encourage more workers to take advantage of this way to stash away money tax-free to pay for healthcare expenses. Hedge fund Rhodium debuts with bet on corporate bonds LONDON (Reuters) - Hedge fund start-up Rhodium Capital, run by former Bank of America star trader Iftikhar Ali, has begun life betting on a strong performance from corporate bonds over coming months. U.S. airfares decline, or do they? (Reuters) - U.S. domestic airfares are falling, the U.S. Department of Transportation reported Thursday. But there's something missing in the data that could affect your holiday travel bill: fees. Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Stock futures down after Dow record, eyes turn toward Fed BP clinches $6 billion fuel supply deal with Rosneft 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