Reuters Money: Pimco's stewardship rating downgraded one notch by Morningstar

	Click to View in Browser 03/19/2014 Pimco's stewardship rating downgraded one notch by Morningstar (Reuters) - Morningstar Inc analysts have downgraded Pacific Investment Management Co's overall stewardship grade by one notch on Tuesday, reflecting a higher degree of uncertainty after the departure of its Chief Executive Officer Mohamed El-Erian and other key personnel. Fortress Investment, Benchmark Capital, Ribbit invest in bitcoin fund (Reuters) - Pantera Capital Management LP said three prominent investment firms - Benchmark Capital, Fortress Investment Group and Ribbit Capital - are acquiring an interest in its bitcoin fund. MSCI to sell proxy advisory firm ISS for $364 million (Reuters) - Stock market index provider MSCI Inc said it would sell influential governance unit Institutional Shareholder Services (ISS) to private equity firm Vestar Capital Partners for $364 million to focus on its risk investment products and services business. American Century Investments founder Stowers dies at 90 (Reuters) - American Century Investments founder James Evans Stowers Jr. has died at 90 years old, the company said on Tuesday. Retirement confidence bounces back, but only among wealthy savers CHICAGO (Reuters) - Americans who owned stocks in 2013 are feeling better about their retirement prospects than they did just a few years ago. For everyone else, not so much. U.S. CEOs a bit more upbeat on economy; growth seen slow: survey (Reuters) - U.S. chief executive officers are somewhat more positive about the economy, including plans for hiring and capital spending over the next six months, although they expect only tepid growth this year, according to a quarterly survey by the Business Roundtable released on Tuesday. Clearing firms fear Wall Street regulator's data proposal (Reuters) - A proposal by Wall Street's industry-funded watchdog to ramp up oversight of securities brokerages could expose clearing firms to more enforcement actions and lawsuits, lawyers say. New York's Schneiderman seeks curbs on high-frequency traders NEW YORK (Reuters) - New York state's attorney general on Tuesday said U.S. stock exchanges and alternative trading platforms provide high-frequency traders with unfair technological advantages that give them early access to key data. Alibaba and the battle for financial supremacy: James Saft (Reuters) - To understand why New York capturing the title of world's greatest financial center is no cause for celebration, look no further than the Alibaba IPO. Fortress-linked Pantera invested $10 million in Bitstamp: Bloomberg (Reuters) - Pantera Capital Management LP, a hedge fund that manages money for Fortress Investment Group LLC executives, invested about $10 million in Bitstamp Ltd months before it emerged as the world's dominant dollar-bitcoin exchange, Bloomberg reported, citing three people briefed on the deal. Related Video Oracle misses; Microsoft back to the future Stocks soar but skeptics abound Business News Stock futures point to slight gains; FedEx, Oracle fall JPMorgan to sell physical commodities business to Mercuria 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