Reuters Money: Russia's Usmanov knocks steel boss Mittal off top of rich list

	Click to View in Browser 04/22/2013 Russia's Usmanov knocks steel boss Mittal off top of rich list LONDON (Reuters) - Russian businessman Alisher Usmanov has knocked Lakshmi Mittal off the top of this year's Sunday Times Rich List with a jump in his fortune to 13.3 billion pounds ($20.3 billion) after a tough year for the Indian steel magnate. Banker steps into the role of superhero WASHINGTON (Reuters) - In other ages, we have called on shamans or saints in times of crisis when the usual remedies have not worked. Sequester budget bludgeons families with two government jobs NEW YORK (Reuters) - The government's effort at cutting spending across the board is hurting a population once considered among the most financially stable - dual income families where both partners are government employees. Higher pension-fees seen positive for California governments (Reuters) - Moody's Investors Service said a hike in pension fees by the California Public Employees Retirement System will pressure other spending by local governments but will be a long-term credit positive for the state's bond issuers. Solaise doubles assets as clients eye smaller hedge funds LONDON (Reuters) - A hedge fund set up by alumni from some of the world's biggest computer-driven traders of futures markets has almost doubled assets in recent months, as investors in the sector look to smaller firms to help them ride out tough market conditions. Oh no, they are saying it's different this time (Reuters) - You never like to see the words "inflation," "central banks" and "it's different this time" in close proximity to each other. Activist investors urge pay revolt at UBS, Credit Suisse ZURICH (Reuters) - A Swiss activist investor group called on Friday for shareholders to reject what it called excessive executive pay at banks UBS and Credit Suisse, echoing public anger over corporate largesse in Switzerland. Financial advisers' credentials mislead seniors, watchdog says WASHINGTON (Reuters) - The consumer watchdog on Thursday called for tougher oversight of the credentials that financial advisers use to show they are trained to work with older Americans. Paulson's Advantage fund stung by plunge in gold BOSTON/NEW YORK (Reuters) - Hedge fund billionaire John Paulson's best-known fund is down 2.4 percent in April, largely due to the sharp selloff in gold, a source familiar with the numbers said on Thursday. Fed policies helping low-income Americans: Raskin NEW YORK (Reuters) - Easy money policies are bringing some relief to lower-income Americans hard-hit in the recession and the easing could become increasingly potent as the housing market recovers, a top Federal Reserve official said on Thursday. Related Video 3 rules for buying a house now 5 steps before you ask for a divorce – Money Clip Business News Wall Street opens slightly higher on mixed earnings Caterpillar profit misses, cuts outlook on weak mining sales 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