Reuters Money: Pressure rises on Gross as investors pull $3.1 billion from Pimco's flagship fund

	Click to View in Browser 04/2/2014 Pressure rises on Gross as investors pull $3.1 billion from Pimco's flagship fund NEW YORK (Reuters) - Investors pulled another $3.1 billion from Pimco's flagship fund in March, the 11th straight month of outflows from the world's largest bond fund, and its performance on the month lagged 95 percent of its peers due to a spate of wrong calls by long-time manager Bill Gross. SEC chair discusses probes into high-speed trading WASHINGTON/NEW YORK (Reuters) - The U.S. Securities and Exchange Commission has several active investigations into possible wrongdoing by high-frequency stock traders and other equity market structure issues, SEC Chair Mary Jo White said Tuesday. SEC issues new social media guidance for financial advisers (Reuters) - New guidance about social media from the U.S. Securities and Exchange Commission gives certain financial advisers some leeway to promote client reviews of their services that appear on third-party social media websites. Virtu may delay IPO amid high-speed trading uproar: Bloomberg (Reuters) - High-speed trading company, Virtu Financial Inc, will not market its initial public offering until after April 20, delaying the process from this week, people with knowledge of the matter told Bloomberg. Swiss asset manager Pictet to expand London operations LONDON (Reuters) - Swiss asset manager Pictet said on Tuesday it would expand its wealth management operations in London and hire between five and 10 bankers over the coming months. As hazardous waste swells with energy boom, funds bet on Clean Harbors NEW YORK (Reuters) - Even as its share price has slumped 8 percent in the year to date, hazardous waste manager Clean Harbors, Inc. has cleaned up in terms of fund-manager interest as more of them bet on one of the down sides of the energy boom. Soros wins partial dismissal of suit filed by ex-girlfriend NEW YORK (Reuters) - George Soros won a bid on Tuesday to dismiss a $50 million claim by an ex-girlfriend who claimed he reneged on a promise to buy her a pricey Manhattan apartment, but the appeals court did not dismiss an assault claim against the 83-year-old billionaire. Company pension plans are healthier, but they're still dying CHICAGO (Reuters) - This should be good news: At a time when worry about the retirement security of American workers is rising, traditional pension plans finished 2013 in their best shape last year since the financial crisis of 2008. Yet that may only be setting the table for more corporations to stop offering them. New regulation to drive product innovation in fund management LONDON (Reuters) - New regulation and an ageing customer base that is more risk-averse are likely to shape new products and services on offer from the global fund management industry, a survey has found. Investors cast fresh eye on battered emerging stocks LONDON (Reuters) - Investors are starting to look afresh at emerging equities after years in which the sector has been a consensus "sell". Related Video S&P hits new record Long road ahead for G.M.? Business News U.S. private job growth accelerates in March: ADP U.S. mortgage applications fell last week: MBA 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