Industry

On The Shelf:

(July 9, 2008) AIM Trimark has announced the appointment of Scott Margach as vice-president and portfolio manager, giving him the lead on the AIM Canadian First Class. Margach is a former vice-president and director of TD Asset Management. “Scott is a great addition to our line-up of industry-recognized fund managers,” said Graham Anderson, AIM Trimark’s […]

By Staff |July 9, 2008

3 min read

Briefly:

(July 9, 2008) Despite the challenges posed by the credit crunch, businesses controlled by private equity investors outperformed their publicly traded counterparts for the third consecutive year, according to a report from Ernst & Young. “Private equity continued to be successful in 2007,” said Joe Telebar, transactions advisory services partner at Ernst & Young in […]

By Staff |July 9, 2008

2 min read

Institutional, retail advisors differ on market call

There are a lot of differences between institutional managers and retail advisors, especially when it comes to Canada’s economic outlook. Two new surveys, one looking at institutional advisors and the other at retail, show wildly different opinions between these groups. Russell Investments found that institutional managers were becoming more bearish on Canadian equities, with only […]

By Bryan Borzykowski |July 9, 2008

4 min read

Sir John Templeton passes away

Sir John Templeton, a legend in the investment industry, passed away Tuesday morning. Templeton, who introduced global equity investing to Canadians with his Templeton Growth Fund, died in a Bahamian hospital from pneumonia. He was 95 years old. The Winchester, Tennessee-born investor and philanthropist is best known for creating the Templeton Growth Fund, one of […]

By Bryan Borzykowski |July 8, 2008

3 min read