Bank of America

ETF Securities launches commodity index tracker fund

Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.

Banca Fideuram focuses on clarity

Tightening spreads are making it more difficult for banks to factor protection into their products and although the market is stabilising, having protection and products they understand is still an important factor for Banca Fideuram’s customers. Clare…

Signed and sealed?

A lawsuit filed by two major dealers against Bank of America alleges the firm failed in its role as custodian to prevent the loss of $1.7 billion held by a special-purpose entity. What impact could the case have on the future of custodial agreements?…

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