Industry

Briefly:

Creststreet Asset Management has appointed Michael D. Clare as vice-president, investments. He joined Creststreet in 2008 and has held roles of increasing responsibility in investment analysis since. Clare will co-manage Creststreet’s investment funds along with the firm’s managing director and founder, Robert J. Toole. Clare succeeds Stephen R. Martin, who has left the firm to […]

By Staff |February 2, 2010

2 min read

Debt freedom comes in retirement: study

Since the fall of 2008, one of the leading trends in both the investment industry and the broader economy has been deleveraging. Consumers are delaying purchases and clients may be investing less as they strive to reduce their total debt loads. It appears that debt elimination is a long-term strategy, with the final goal often […]

By Steven Lamb |February 1, 2010

3 min read

Briefly:

Canadians are not saving enough now to make the retirement lifestyle they want a reality even though it is one of their top financial goals, says CIBC. “Retirement planning is complex and multifaceted and to achieve the retirement you want, you need to be proactive and start planning early,” said Steve Geist, president, CIBC Asset […]

By Staff |February 1, 2010

1 min read

Emerging markets in the driver’s seat: HSBC

There has been some talk that emerging markets represent a new asset bubble, with runaway growth fueled by government stimulus which cannot be sustained. Despite fears the that global monetary tightening will begin in the emerging markets, the economic growth rate for the group will far surpass that of developed nations, according to a report […]

By Steven Lamb |January 29, 2010

2 min read