Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
UBS to Cut 3,500 Jobs; Wealth Unit Losing 350
By Janet LevauxUBS said Tuesday it planned to cut staff by 3,500 as part of its overall plan to trim about $2.5 billion from its yearly expenses by the end of 2013 to improve operating efficiency.
August 22, 2011
Top Portfolio Products: Cantor Fitzgerald to Launch ETF Arbitrage, Van Eck Adds Mortgage REIT ETFThis week in new portfolio products, Cantor Fitzgerald announced that it will launch an ETF arbitrage business under Dan Segal, and Van Eck introduced a mortgage REIT income ETF.
August 17, 2011
TD Ameritrade Integrates Thinkorswim Options Trading PlatformTD Ameritrade completed the 18-month integration of thinkorswim over the weekend. The options trading platform was acquired by TD Ameritrade in 2009.
August 12, 2011
Georgia on My Mind: Emerging Market TemptationsA bank in Georgia is offering a dazzling 8% rate on a 1-year CD or 9% for 2 years, but its not SunTrust Bank in Atlanta but TBC Bank in Tibilisi.
August 12, 2011
Gold Price Seen Supported Despite Margin Hike: ReportThough the CME increased margin requirements 22% on U.S. gold futures positions effective Thursday, a report by ETF Securities says that the move is likely not indicative of a trend toward additional aggressive increases.
August 12, 2011
Twitter Startup Is for the Wall Street BirdsIn yet another case of Twitter aficionados finding unpredicted uses for the social networking site, a financial engineering firm has launched a free service that helps investors make trades based on the analysis of Twitter data.
August 11, 2011
Bill Gross’ Bet Pays Off as PIMCO Profits From Black SwansStaying true to PIMCOs CIO Bill Gross new normal forecast, PIMCOs hedged bets are paying off.
August 11, 2011
6 Sectors Hit by Downgrade: S&P Analysis—SlideshowMaybe you heard? Our partners at Standard and Poors caused a bit of a stir by downgrading U.S. debt from AAA to AA+. Though theyre quick to note the equity research team is separate and distinct from the ratings arm, we went to the source for their view on the...