Top Portfolio Products: INVEST Signs Credit Union; Gemini Adds 9 Funds
INVEST will now provide brokerage and investment services for Texans Credit Union, and Gemini Fund Services is adding nine funds to Northern Lights Variable Fund Trust.
Outlook 2012: Equities–Top 5 Trade Ideas for the New Year
Here’s what the experts are saying about the investment outlook for stocks in 2012.
Van Eck Converting HOLDRS
Van Eck Global has made a bid to
convert the assets for six Merrill Lynch-sponsored HOLDRS into its Market Vectors ETF lineup. The HOLDRS, now part of the Van Eck lineup are the Oil Services (OIH), Semiconductor (SMH), Pharmaceutical (PPH), Biotech (BBH), Retail (RTH), and Regional Bank (RKH).
Van Eck, Merrill Let Investors Trade HOLDRs for ETFs
The deal effects six HOLDRS and should take place in the fourth quarter. Merrill Lynch is expected to de-list the HOLDRs after the transaction, according to Van Eck.