Reuters Money: U.S. college savings jump with stock market: study

	Click to View in Browser 04/10/2014 U.S. college savings jump with stock market: study NEW YORK (Reuters) - Thanks to increased savings rates and a rising stock market, average balances in U.S. college savings plans jumped 30 percent in 2013 over the prior year, according to the new "How America Saves for College" report from Sallie Mae released Thursday. Credit Suisse, Stuhlberger to extend ties with $13.6 billion fund SAO PAULO (Reuters) - Credit Suisse Group AG and star fund manager Luis Stuhlberger agreed to set up a new asset management venture with 30 billion reais ($13.6 billion) under his control, extending the Swiss bank's relationship with Brazil's most coveted money manager. Goldman Sachs committed to Brazil operations: COO Cohn BRASILIA (Reuters) - Goldman Sachs Group Inc is committed to maintaining its investment-banking operations in Brazil as part of its global footprint, Chief Operating Officer Gary Cohn said on Wednesday. Pimco Total Return cuts mortgage, U.S. government holdings in March: website NEW YORK (Reuters) - The Pimco Total Return Fund, the world's largest bond fund, cut its holdings of U.S. government-related securities and mortgages for the second straight month in March on continued bets that the Federal Reserve will conclude bond purchases this year, data from the firm's website showed on Wednesday. Bond fund manager Hasenstab encouraged by Ukraine outlook BOSTON (Reuters) - Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, says he is confident the country can flourish over the next decade and that the international community can put together a reform package to solve any short-term liquidity and solvency issues. The kids are mostly cash (and mostly wrong) (James Saft is a Reuters columnist. The opinions expressed are his own) High school pals get prison in New Jersey insider trading case (Reuters) - Two New Jersey men who were the main traders in an insider trading ring that focused on pharmaceutical and medical technology stocks and generated $1.48 million of illegal profit were sentenced to prison on Wednesday, U.S. Attorney Paul Fishman in New Jersey said. U.S. commodity ETFs fall for fifth quarter: Lipper NEW YORK (Reuters) - U.S. retail and institutional investors pulled cash from broad commodity exchange-traded funds for a fifth straight quarter even as coffee, natural gas and hogs prices had their best run in years, data from Thomson Reuters Lipper showed on Wednesday. Stern Advice: The benefits of depositing your IRA into your 401(k) NEW YORK (Reuters) - It may sound like something you would train your dog to do, but the "reverse rollover" is a maneuver that more retirement-minded workers should try. El Pollo Loco picks Jefferies, Morgan Stanley for IPO: sources (Reuters) - El Pollo Loco Inc has selected investment banks Jefferies Group LLC and Morgan Stanley to lead an initial public offering of the private equity-owned fast-food chicken chain later this year, according to people familiar with the matter. Related Video Fed minutes push back Wall St. hike clock Rolex, Art & Money: a day in the life of a bitcoin junkie Business News Jobless claims near seven-year low; import prices above forecasts EBay, Icahn reach truce 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