Industry

TMX, LSE chiefs renew merger vows

The exchange of claims and criticism between rival bidders for TMX Group further intensified as the chief executive of LSE Group, Xavier Rolet, accused Maple Acquisition Group of misrepresentation and questioned the credibility of information provided in its $3.7 billion hostile bid. The latest round of hole-picking came at today’s investor and media conference call […]

By Vikram Barhat |June 27, 2011

3 min read

Economic Indicators

U.S. consumers holding back

Despite showing a marginal increase in personal income, consumer spending in the U.S. remains stalled as inflation continues to gnaw away at income gains.

By Vikram Barhat |June 27, 2011

2 min read

Industry

Brandes extends relationship with State Street

invBrandes Investment Partners & Co. (BIPCo) has expanded its investment servicing relationship with State Street to include its Canadian pooled funds totalling $1 billion in assets.

By Staff |June 27, 2011

1 min read

Industry

Consumer debt bubble and you

The U.S. economic recovery is well underway. So we can sit back and watch our investment portfolios grow steadily - right?

By Murray Belzberg |June 27, 2011

3 min read

FPSC announces board appointments

Financial Planning Standards Council (FPSC) is pleased to announce new appointments to its board of directors effective immediately, for the 2011-2012 term. At the June 23 board of directors meeting, FPSC’s member organizations voted to approve the slate of new nominees to the Board. • Chair: Jim Kraft, CA, CFP, vice-president, BMO Life Assurance Company. […]

By Staff |June 24, 2011

2 min read

RBC renames four funds

RBC Global Asset Management Inc. today announced that as of Wednesday, June 29, 2011, the following funds will change their names as follows: • The RBC Canadian Bond Index Fund is now the RBC Canadian Government Bond Index Fund • The RBC Global High Yield Fund is now the RBC Global High Yield Bond Fund […]

By Staff |June 24, 2011

1 min read

Mitigating risk through SRI

Mary Jane McQuillen has been described as a rock star in the world of socially responsible investing. The New York City-based fund manager heads up the ESG (environmental, social and governance) division of Clearbridge Advisors, which was recently appointed to sub-advise the Meritas U.S. Equity Fund. McQuillen was in Victoria this week, speaking at the […]

By Doug Watt |June 24, 2011

3 min read

Canada missing the boat on emerging markets

There is a growing sense of urgency in the air about Canada’s need to broaden its economic participation by adopting a more aggressive approach to doing business in emerging markets. Industry experts are becoming increasingly nervous about Canada as an ‘underachiever’ in emerging markets deal-making, according to PwC’s new Capital Markets Flash report. Canada has […]

4 min read

Canadians more confident on debt than savings

Canadians are doing a good job of debt management but are not quite making the grade when it comes to savings, according to CIBC’s Financial Report Card Poll. The poll asked Canadians to grade themselves on various financial habits, and revealed they are placing debt reduction much higher on their priority list than building their […]

By Staff |June 23, 2011

3 min read