Reuters Money: How asking for aid could hurt your college chances

	Click to View in Browser 02/10/2014 How asking for aid could hurt your college chances LOS ANGELES (Reuters) - Filling out the federal financial aid form known as the FAFSA "is one of the first and most important steps" to getting a college education, First Lady Michelle Obama told a group of parents and students attending a FAFSA workshop at a Virginia high school on Wednesday. Fund firm assets to grow 60 pct to $100 trillion by 2020: PwC LONDON (Reuters) - Global fund assets are set to grow by 60 percent to more than $100 trillion by 2020, a report from PricewaterhouseCoopers (PwC) said on Monday, partly due to increasing numbers of newly rich people in emerging markets. Former Madoff aides get their day in court NEW YORK (Reuters) - Four months into a criminal trial for five former employees of Bernard L. Madoff Investment Securities, witnesses have made it clear that no one but Madoff himself knew the whole truth about his massive Ponzi scheme, from his top lieutenant on down. Ex-Goldman, Noble top traders to set up Asia hedge fund -source HONG KONG (Reuters) - Two former top traders at Goldman Sachs and Noble Group are planning to form a hedge fund in Asia, a source with knowledge of the matter said, in another high profile launch in the region. U.S. consumer credit posts biggest jump in 10 months WASHINGTON (Reuters) - U.S. consumer credit in December grew by the most in nearly a year due to a sharp increase in credit card usage, a potentially positive sign for the economy. Stock funds worldwide post record $28.3 billion outflow : BofA NEW YORK (Reuters) - Fund investors worldwide pulled a record $28.3 billion out of stock funds in the week ended Wednesday after mixed U.S. economic data fueled concerns of a major downturn in U.S. stocks, data from a Bank of America Merrill Lynch Global Research report showed on Friday. Column: Jobs data not helpful to risk assets: James Saft (Reuters) - This has got to have been a frustrating jobs report for Janet Yellen and her colleagues at the Fed. Redemptions force U.S. mutual funds to unload Puerto Rico debt BOSTON (Reuters) - U.S. mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt to meet investor redemption demands, taking heavy losses after a year-long slide in prices. Hedge funds outperform slumping stocks in January, burnish image BOSTON (Reuters) - Hedge funds outperformed a slumping stock market in January with strategies from activism to volatility plays, helping buff the image of an industry criticized in the last years for its high fees and failure to top climbing markets. Wells Fargo Advisors head Mack remakes her old domain NEW YORK (Reuters) - Mary Mack, who last month became head of Wells Fargo Advisors, the second largest U.S. brokerage firm, has reorganized the sprawling strategy group she ran before her promotion. Related Video Jobs data help break Wall St weekly fall Wall St. bounces back with best day of 2014 Business News Wall Street dips at open after two-day rally Vodafone bids for Spanish cable operator Ono: sources 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