- Industria: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
Contract clause common in international trade. Denotes that the transport, insurance and loading costs incurred until the merchandise is loaded on board the ship are included in the price of the goods.
Industry:Banking
Entity in which investors pool their capital for joint investment. The assets are managed by the fund management company for the account of the investors based as a rule on the principle of risk distribution. Depending on the type of mutual fund, the assets may be invested in securities, money market instruments or in real estate; investments can also be made in special fund products and asset allocation funds. Swiss mutual funds must have a variable capital and are obliged to redeem units whenever requested. See also securities fund, money market fund, real estate fund, country-specific fund, regional fund, sector fund.
Industry:Banking
Fund managers employing relative value strategies try to exploit pricing differentials through the simultaneous purchase and sale of similar securities. Most managers attempt to neutralise long and short positions to minimise the impact of general market movements. Relative value strategies include convertible arbitrage, statistical arbitrage, pairs trading, yield curve arbitrage and basis trading.
Industry:Banking
Highly rated bonds whose issuers have long-standing reputations for paying interest on time.
Industry:Banking
Highest loss suffered by an investment during the investment period from a (local) peak to the next (local) trough.
Industry:Banking
In general, any good, product or instrument in which every unit is so similar to or identical with every other unit that they can be exchanged for one another without legal consequences, e.g. bearer shares, commodities, etc.
Industry:Banking
MiFID classifies clients into two main categories, private and professional. Private clients receive a higher level of investor protection than professional clients and benefit from a comprehensive range of statutory investor protection measures.
Industry:Banking
MiFID requires that all bank client information be presented in a fair, clear and non-misleading manner with appropriate language. The firms must take reasonable measures so that clients understand their communication.
Industry:Banking
Initial distribution of part of the annual dividend on a company's shares. Dividends may be paid quarterly or half-yearly, on the basis of the company's ongoing accounts. Interim dividends are generally low and are kept as even as possible. The balance is paid out in the form of the final dividend. Interim dividends are common in countries such as the US; in Switzerland, only annual dividends are permitted. See also dividend, final dividend.
Industry:Banking
