Industry

Advisors set new records in 2010

North American advisors have enjoyed a substantial bounce back from the recession, with both asset levels and production reaching new highs by the end of 2010, according to a report from PriceMetrix. “The general health of the retail wealth management industry is improving. In many areas it has recovered from the downturn of 2008/2009 to […]

By Steven Lamb |February 22, 2011

2 min read

WFG pref-holder rejects Desjardins terms

The Desjardins Financial takeover of Western Financial Group has hit a small snag, with one long-term fixed income holder recommending that others not sell their preferred shares. Crystalline Management Inc., portfolio manager of the Amethyst Arbitrage Fund, says it agrees that the offer made for common shares is fair, but suggests there are better alternatives […]

By Staff |February 22, 2011

1 min read

Oil patch should heat up in 2011

Increased optimism in Canada’s oil and gas sector means the number of IPOs and corporate transactions are expected to rise this year, according to Ernst & Young. This increased activity comes after a relatively slow 2010 that saw fewer but larger deals than 2009, with the value of transactions up 67% from 2009 at $35.7 […]

By Melissa Shin |February 22, 2011

2 min read

Macquarie completes IPO

Macquarie Emerging Markets Infrastructure Income Fund has completed its initial public offering.

By Vikram Barhat |February 18, 2011

1 min read