Reuters Money: As U.S. momentum stocks take beating, some sectors benefit

	Click to View in Browser 03/28/2014 As U.S. momentum stocks take beating, some sectors benefit NEW YORK (Reuters) - Investors in some of the past year's hottest U.S. stocks have been given a savage lesson in the risks of so-called "momentum trading". When it comes to client portfolios, bigger may not be better (Reuters) - Wealth managers routinely specify minimum sizes for new accounts, but far fewer advisers set maximums. Maybe they think "the bigger the better," but that is not necessarily true. State regulators hire outside lawyer for dispute with SEC WASHINGTON (Reuters) - State securities regulators have hired a former Securities and Exchange Commission lawyer to help them win a rare and high-stakes jurisdictional dispute with the SEC. Judge says U.S. fraud case vs. Bank of America should be tossed (Reuters) - A federal judge has recommended dismissal of a U.S. government lawsuit accusing Bank of America Corp of defrauding investors into buying about $855 million of mortgage securities that soured during the global financial crisis. U.S.-based stock funds post first outflows in seven weeks: Lipper NEW YORK (Reuters) - Investors in U.S.-based funds pulled $379 million out of stock funds in the week ended March 26 in response to escalating East-West tensions surrounding Ukraine, data from Thomson Reuters' Lipper service showed on Thursday. SEC's Gallagher seeks reforms to stop activist shareholder proposals WASHINGTON (Reuters) - U.S. corporate governance rules make it too easy for activist investors to get politically driven shareholder proposals onto public company ballots and should be overhauled, a top U.S. Securities and Exchange Commission official said Thursday. The Last Taboo: Why nobody talks about money (The writer is a Reuters contributor. The opinions expressed are his own.) U.S. municipal bond funds post $212.2 million in outflows: Lipper (Reuters) - U.S. municipal bond funds reported $212.2 million of net outflows in the week ended March 26, compared with $107.3 million in inflows in the previous week, according to data released by Lipper on Thursday. Should young retirement savers load up on stocks? Maybe not CHICAGO (Reuters) - Millennials don't seem to buy the traditional wisdom when it comes to investing. They're the most risk-averse investors since the Great Depression, with the average portfolio 52 percent in cash, according to a recent report by UBS Wealth Management Americas. Lehman payout tops $80 billion, creditors get another $17.9 billion NEW YORK (Reuters) - Lehman Brothers Holdings Inc plans next week to distribute about $17.9 billion to creditors, boosting its total payout to roughly $80.4 billion since it left its record bankruptcy, which helped trigger the global financial crisis. Related Video Tech wreck continues, banks join in Investors pull on reins after record Business News Wall St. opens up on China stimulus bets U.S. consumers step up spending in February, inflation remains muted 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