Portfolio

Ninety percent of retail investors foresee market volatility remaining at or above its current level over the next three months, according to a survey by optionsXpress, an options and futures trading technology platform.

WASHINGTON — The recovery zone bond program would double in size to $50 billion and Build America Bonds could be used to do current refundings of existing BABs under a new tax and jobs bill released late Thursday evening by leaders of the House and Senate tax-writing committees.

U.S. Trust, Bank of America Private Wealth Management, an affiliate of the Global Wealth & Investment Management (GWIM) unit of Bank of America [BAC], announced that Grant Boyd had been named market executive in Greater Atlanta. Boyd previously worked at The Private Bank of Wells Fargo, where he was a senior vice president and private banking manager for the Southeast region. In his new role he will oversee the direction and growth of U.S. Trust’s relationships with high- and ultra-high-net worth individuals and families.

Retail investors are expecting a roller coaster ride in the stock market over the next few months making it critical to re-evaluate investment strategies and determine goals going forward.

Despite a significant decline in sales in the past years, advisors and industry executives remain upbeat about annuities because the products are expected to protect principal and provide retirement income.

The naming of Sam Peters to run Bill Miller's $4.2 billion fund is seen as yet another step in the eventual successor plan.

BOSTON -- The staggering growth of UCITS (Undertakings for Collective Investment in Transferable Securities) throughout Europe, Asia and Latin America has led to a proliferation of new investment products and trading opportunities, but restrictive investment mandates and tax requirements in the U.S. are causing some U.S. investors to feel left out of the game.

Waddell Mutual Fund Among First Flash Crash Trades

Legg Mason has named Sam Peters, 40, co-manager of Bill Miller’s $4.2 billion Value Trust fund, a move widely seen as selecting Peters to be the eventual replacement for Miller as chairman and CEO of the firm.

Alternative-investment industry could get huge break if products are approved as UCITS.