Justin Oliver, former head of institutional equity sales at Fraser Mackenzie Ltd., joined Bank of Montreal as vice president of institutional sales, exchange traded funds, according to Vlaad & Co., a Toronto-based financial services recruiting firm.
Bloomberg analyst Eric Balchunas says Twitter has made its way into two exchange-traded funds, including one that launched in October. Bloomberg Radio's Catherine Cowdery reports on Exchange Traded Funds.
Bloomberg analyst Eric Balchunas says exchange-traded funds that focus on India have been growing as the country's benchmark index rallied to a record. Bloomberg Radio's Catherine Cowdery reports on Exchange Traded Funds.
Qatar Petroleum and Just Falafel are leading companies in the Persian Gulf out of a four-year drought in initial public offerings, tapping demand that pushed Dubai’s equity index up the most in 2013 among major markets.
Wall Street junk-bond underwriters, selling debt at a record pace after the securities returned 19 percent last year, say it’s obvious that prices will drop when interest rates rise. So don’t blame the banks.
Bank of America Corp. , the largest U.S. lender by assets, is offering clients an electronic trading strategy that can automatically create shares of exchange-traded funds by buying and selling stocks and hedging with futures.