Industry

South Africa basks in glow of BRICS addition

For too long the world had seen South Africa as a morbid montage of crime, poverty and sky-high HIV-AIDS infection rates. A third world country considered short on skills and long on laxity, avoided like a cold sore by global investors. But that is all in the rear-view mirror. With its accession to the unofficial […]

By Vikram Barhat |June 21, 2011

5 min read

From asset to risk allocation

The balance between return and risk is often equated with the trade-off between health and exercise. While all investors have an appetite for greater wealth (being healthy), they also have a limited tolerance for risk (exercise). Unfortunately, risk is a difficult, often abstract, concept for investors — especially when it comes to investment selection. As a result, risk is usually ignored altogether.

By Mary Anne Wiley |June 20, 2011

7 min read

Class action filed against Desjardins

Two investors have filed a motion for authorization to bring a class action suit against Desjardins Financial Security. Prior to the financial crisis of 2008, Jean-Paul Dupuis and Francis Tremblay bought Strategic Index Plus (SIP) and Tactical Index Plus (TIP) term investments from DFS. These capital-guaranteed products have a maturity of five to eight years. […]

By Fabrice Tremblay |June 17, 2011

2 min read

IIROC levies $300,000 sanction on advisor

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Roger Carl Schoer fraudulently induced clients and other individuals to invest money which he used for other purposes. In its decision, the panel imposed a penalty on Schoer which includes: • A $200,000 fine; • A permanent bar from registration […]

June 17, 2011

1 min read