Reuters Money: Hedge fund giants secure grip on industry despite lagging returns

	Click to View in Browser 06/2/2014 Hedge fund giants secure grip on industry despite lagging returns LONDON (Reuters) - The world's biggest hedge funds are managing more money than ever before - even while the returns they provide look less attractive compared to those achieved by younger, smaller firms. Estate planning for the young, rich and childless NEW YORK (Reuters) - For many single or childless individuals, the question of how to distribute their worldly wealth after they die is wide-open and complicated. A charity? Alma mater? Distant nieces and nephews? A cat? Florida insurance industry better prepared for hurricane season ORLANDO Fla. (Reuters) - Eight hurricane-free years in Florida and a seller's market in catastrophe bonds have fortified the state against the cost of major storm damage as the 2014 Atlantic hurricane season starts June 1. BlackRock wades into ETF price war as popularity soars LONDON (Reuters) - BlackRock, the world's biggest asset manager, slashed the prices of some of its exchange traded funds (ETFs) on Monday to compete in a European price war as the products become increasingly popular with retail investors in the region. BlackRock's Fink jolts ETF business with 'blow up' warning (Reuters) - BlackRock Inc Chief Executive Larry Fink this week dropped a stink bomb on a small corner of the $2.5 trillion global market for exchange-traded funds. A money guide for fiftysomethings NEW YORK (Reuters) - Is it too late to save for retirement when you're 50 or older? When should you start taking Social Security? Low volatility sparks concern at Fed over investor complacency WASHINGTON (Reuters) - Low financial market volatility has crept onto the list of concerns weighing on officials at the Federal Reserve. U.S. pension fund group adds activists, finding common ground BOSTON (Reuters) - The Council of Institutional Investors gained a pair of prominent activist firms as non-voting members this year, as big public-sector money managers find more common ground with the outspoken shareholders. Pimco client outflows to abate, CEO tells paper FRANKFURT (Reuters) - The world's biggest bond fund, Pimco, expects the net outflow of client funds, which reached 22 billion euros ($30 billion) in the first quarter, to narrow further, its Chief Executive Douglas Hodge told a German newspaper. Bond funds worldwide attract $6.3 billion, 12th week of inflows: BofA NEW YORK (Reuters) - Fund investors worldwide poured $6.3 billion into bond funds in the week ended May 28 as benchmark U.S. government bond yields hit multi-month lows, data from a Bank of America Merrill Lynch Global Research report showed on Friday. Related Video New high for S&P, despite mixed economic news Record highs, food fights and economic hopes Business News U.S. would face hurdles bringing case against Icahn, Mickelson: lawyers U.S. safety regulators probe Chrysler airbag recall 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