- Industry: 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.
Electronic gateway, e.g. at the Swiss Exchange, linking trader systems with the exchange system. Guarantees equal treatment of exchange members.
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
Framework that allows the products of many issuers, including third-party issuers, to be used in a portfolio.
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
Highest loss suffered by an investment during the investment period from a (local) peak to the next (local) trough.
Industry:Banking
Highly rated bonds whose issuers have long-standing reputations for paying interest on time.
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
Key figures which relate directly to a company and are not dependent on the market. They include sales or revenues, cash flow and profits. Basic analysis uses such data to determine the theoretical value of a share, which may indicate that the share is undervalued, overvalued or fairly valued on the market. The term is also used to denote the important economic numbers (growth, inflation, current account balance, government finances) which can influence the financial markets.
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
