Ah, memories. Remember when endowment-style investment was all the rage? You know, before the market meltdown of 2008-2009? Those were the days when investors clamored for portfolios that looked like those managed for the benefit of Harvard and...
Adam Antoniades, president of First Allied, said Advanced Equities has its roots in venture capital and private equity deals, and the parent was hoping to grow that business through the independent channel when it purchased First Allied.
Many IBDs have been going under due to large liabilities they face related to alternative investments that have gone bust, including Medical Capital, Provident and DBSI. Meadowbrook is the latest to join the list of imploding firms. Other IBDs...
The Charles Schwab Corp. (NYSE:SCHW) said today it will pay about $1 billion in stock for optionsXpress Holdings (NASDAQ-GS:OXPS), the retail online brokerage business, in a deal it expects to close in the third quarter. The deal will give Schwab...
There's very little real difference between the performance of mutual funds and ETPs in the commodity space, but there's a whole lot of difference in the products' risk characteristics.
