News and resources for Canada's top financial advisors
Economic Indicators
The Financial Times reports the worldwide market for luxury goods will hit $1.5 trillion this year -- about equal to the entire economic output of Spain or Australia -- as the number of wealthy grow in emerging markets like Brazil and China.
By Staff |June 5, 2012
1 min read
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are a few: Layoffs at Goldman Sachs Have you heard about the layoffs at Goldman Sachs? If you answered no, you’re not alone. Sources inside the firm say 50 people, including some […]
2 min read
The best way to achieve results in unstable markets is to intensify individual equity analysis, says David Graham, vice president and portfolio manager at CIBC Asset Management.
By Martha Porado |June 5, 2012
All Canadian equity sectors ended May with losses, and only eight of the 42 categories tracked by Morningstar Canada Fund had flat or positive results.
By Staff |June 4, 2012
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Merrill losses hidden from BofA shareholders Shareholders who were asked to approve Bank of America’s 2008 purchase of Merrill Lynch weren’t told about massive losses at the investment firm […]
May was the worst month this year for global equity markets, and the usual suspects are to blame.
By David Andrews |June 4, 2012
5 min read
The Europe we’ve admired for six decades is now on its deathbed according to financial speculators, global media, and many Europeans themselves, says David Olive, business columnist for the Toronto Star. And many are predicting the inevitable ouster of Greece from the Eurozone—alarmists are claiming the collapse of Greece, Italy and Spain’s public finances will […]
By Staff |June 2, 2012
Advisors are stressed, clients are anxious, and the market continues to yo-yo. But Martin Cobb, lead manager of the Templeton Global Smaller Companies Fund, isn’t worried.
June 2, 2012
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Euro jobless rate hits record; China slows Europe’s unemployment rate reached a record 11% in March and April, the highest statistic seen for the 17-member zone since 1995. As […]
By Staff |June 1, 2012
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Facebook flop & stalls other IPO Problems with Facebook’s initial public offering have caused other firms planning IPOs to step back and reconsider. In one instance, travel Website Kayak […]
By Staff |May 31, 2012
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