Industry

Fund study blames advisors on fees

Just as the client calls about market losses are tapering off, advisors may soon face a brand new onslaught of angry calls, thanks to a study from the U.S. which is bound to gain traction in the mainstream press. Canadian mutual fund investors are fairly well protected, according to a study of funds in 16 […]

By Steven Lamb |May 12, 2009

3 min read

Briefly:

Institutional investors will focus on global and emerging equities and bonds over the next three years as they recover from the current financial downturn, according to a recent report from Scottish specialist investment management firm Martin Currie. The same report finds that hedge funds, infrastructure and real estate are secondary options. At the bottom of […]

By Staff |May 12, 2009

3 min read

Edward Jones ramps up

It may not be a boom time for sales but it’s a boom time for financial advice, according to Edward Jones Canada. The subsidiary of the American-based financial advice giant is looking to add nearly 500 staff — including 250 advisors — to its roster in the greater Toronto area alone. Gary Reamey, the principal […]

By Mark Noble |May 12, 2009

3 min read

Briefly:

China appears be showing early signs of a bull market, according to a recent report from CIBC World Markets. Elsewhere in East Asia factories are being re-ignited back to life. In Japan, production in March rose by 1.6% — the first material gain in 10 months. Estimates for April and May see monthly increases of […]

By Staff |May 11, 2009

4 min read