Industry

Buy-sell insurance can be a tough sell

Nearly every advisor will admit they are looking to land the investment portfolios of high net worth clients, but despite this focus the market remains underserved on the insurance side. “There are more clients that are willing to write large cheques for big insurance policies than there are advisors out there willing to ask for […]

By Al Emid |April 4, 2011

4 min read

Industry

IPO market takes a pause: PwC

The impact of geo-political strife in the Middle East and North Africa and tripartite tragedy in Japan hindered the Canadian IPO market in the first quarter, according to the quarterly PwC survey of initial public offerings on Canadian equity exchanges. However, the pause could mean new investment opportunities for those waiting on the sidelines hoping […]

By Vikram Barhat |April 4, 2011

2 min read

Industry

Impact investing focused on innovation

A participatory speaker series around impact investing, aptly named Eye4Impact, kicked off on March 29 in Montreal. The initiative is backed by TBC Capital Inc., a Montreal-based financial services firm with a mandate to provide investment strategies and solutions with a focus on impact investments. The inaugural edition of the series featured Russell Read, former […]

By Vikram Barhat |April 4, 2011

3 min read

Industry

Global crises curb March fund returns

Investors who held onto Japanese equity funds through March probably know what to expect when they look at their statements this month. The earthquake, tsunami and nuclear crisis that struck the country took a heavy toll on equity investments. Japan’s Nikkei 225 Index finished March with a year-to-date decline of 8.2%, having recovered from being […]

By Staff |April 4, 2011

2 min read

Standard Life proposes fund line-up changes

Standard Life Mutual Funds has proposed changes to the investment objectives of five of its funds: Standard Life Global Monthly Income Fund, Standard Life Canadian Dividend Growth Fund, Standard Life Canadian Dividend Growth Class, Standard Life Dividend Income Fund and Standard Life Canadian Small Cap Fund. The goal of these changes is to provide more […]

By Staff |April 4, 2011

1 min read

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? Not so fast. There’s still the pesky issue of a record-high consumer debt-to-income ratio blemishing the otherwise sparkling visage of the equity market landscape, particularly in Canada. The issue is by no means trivial: […]

3 min read

CSA review of IIROC mostly positive

The Canadian Securities Administrators (CSA) today released its oversight review of the Investment Industry Regulatory Organization of Canada (IIROC). In the review, the CSA assesses IIROC’s compliance with the relevant terms and conditions of recognition, and makes a determination as to whether regulatory processes at IIROC are adequate, consistent and fair. The review also examines […]

By Staff |April 1, 2011

3 min read

Battle brewing over NYSE

There is a new twist in the tale of global exchange consolidation. Nasdaq OMX Group and Intercontinental Exchange (ICE) have made a $11.3 billion hostile bid for NYSC Euronext, adding a 19% premium to the proposed Deutsche Boerse deal announced February 10. Analysts on both sides of the Atlantic have pointed out that the latest […]

2 min read

Scotia names new Pinnacle American advisor

Scotia Asset Management has named Herndon Capital Management as portfolio advisor on the Pinnacle American Value Equity Fund, effective on or about April 29, 2011, replacing Metropolitan West Capital Management. Atlanta-based Herndon Capital is an institutional investment management firm specializing in large cap equity strategies.

By Staff |April 1, 2011

1 min read