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The ups and downs of the markets over the last two years haven’t greatly impacted socially responsible investments, according to a study released today by the Social Investment Organization (SIO). In fact, the study, called the Canadian Socially Responsible Investment Review, found that SRI assets increased 21% to $609 billion from 2006 to 2008. “Socially […]
By Deanne Gage |April 30, 2009
2 min read
Mutual funds and the advisors who sell them have taken a beating in the mainstream press lately, but clients appear happy with the products and have faith in their advisor, according to survey results released today by PricewaterhouseCoopers. Seventy-three percent said they were good investment options, and offered sufficient choice. Survey respondents were slightly happier […]
By Steven Lamb |April 30, 2009
3 min read
(Orlando, FLA) — There is a growing consensus at the CFA Institute’s annual conference in Orlando, Florida that basic tenets associated with efficient market theory and the capital asset pricing model have failed to protect retail assets in the downturn. An example of this view was expressed by renowned investment theorist Andrew Lo from the […]
By Mark Noble |April 29, 2009
4 min read
The Lipper Fund Awards were handed out in Toronto last night; recognition of industry “virtuosos” was the theme of the evening. After the past year of market turbulence, that meant honouring those who limited their losses. The Awards program highlights funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. In Canada, […]
By Steven Lamb |April 29, 2009
Non-farm payroll employment fell by 0.5% (79,600 jobs) in February, down 2.0% (296,000 jobs) since the hitting a peak in October 2008, according to Statistics Canada’s newly released Survey of Employment, Payrolls and Hours. The industry that saw the largest decline in February is manufacturing, with payroll employees down by 19,300. Manufacturing employment has been […]
By Staff |April 29, 2009
Small cap fund managers posted better performance than their large cap colleagues in the first quarter of 2009, according to the latest Russell Active Manager Report. Small cap funds posted a median return of -1%, while large cap managers posted a median return of -2.7%. The outperformance can be largely attributed to the business sectors […]
(Orlando, FLA) — Being a contrarian is a key piece of successful value investing, but it also runs counter to human nature. Investing, in practice, is much different from what it is in detached theory. A leading value investment strategist believes this is why behavioural science needs to be placed alongside other types of security […]
By Mark Noble |April 28, 2009
5 min read
Sun Life Financial has launched a new lifestyle Web site called Today’s Economy, offering resources — not products — for people looking to get help with the everyday issues of living through this recession. The site includes a blog and a variety of links that provide educational information and advice. “We know this is a […]
By Staff |April 28, 2009
AGF Management Limited has announced the departure of Randy Ambrosie as president of AGF Funds. The company is restructuring to focus on the its investment management business, merging its mutual fund and institutional/private client operations under the name AGF Investments. “We are deeply appreciative of the strategic and instrumental role Randy has played in our […]
By Steven Lamb |April 27, 2009
Scotiabank’s Commodity Price Index, which measures price trends in 32 of Canada’s major exports, fell in March to 32.7% below what it was a year earlier. The index is expected to fall further in the next few months. The All Items Index will decline in coming months, as a number of key commodity prices are […]
By Staff |April 27, 2009
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