Industry

Making the plan

Just as the regulatory world is fragmented, so is the advice profession. One of the youngest groups, the CIFPs, came out of the Investment Funds Institute of Canada. Advisor staff talked to CIFPs president Keith Costello about the history and future of CIFPs Q: One goal of the CIFPs was to bring together Certified Financial […]

August 1, 2008

10 min read

On The Shelf:

(August 1, 2008) Horizons BetaPro has a had a pretty good run with their exchange traded funds —they’ve reached about $1.75 billion in assets under management — so it’s only natural that they’d turn their non-ETF products into this hot selling investment option. On Friday, the company announced that it was finished doing just that. […]

By Staff |August 1, 2008

1 min read

Briefly:

(August 1, 2008) The mood amongst the defined benefit (DB) plan sector is decidedly pessimistic, and many plan sponsors are looking to make changes over the next 12 months in an effort to improve their financial situation, according to a new survey from Morneau Sobeco. Seventy-five per cent of respondents said they were either somewhat […]

By Staff |August 1, 2008

3 min read

Bargain hunters still cautious about financials

In his widely read letter to shareholders, Miller, the legendary value manager of the Legg Mason Value Trust and its Canadian version, CI Value Trust, says it’s now the worst market for value investing that he’s ever seen. After 15 consecutive years of outperforming the S&P 500 index, he’s now experienced outsized underperformance. While the […]

By Mark Noble |August 1, 2008

4 min read