Industry

Active managers faced rough start to 2008: Russell

So far, 2008 has not been kind to active investment managers in the institutional space, with less than 20% managing to outperform their benchmarks, according to the Russell Active Manager Report. Not only is that a massive pullback from the already disappointing 41% who topped their benchmark in the fourth quarter of 2007, but it […]

By Steven Lamb |May 6, 2008

2 min read

On The Shelf:

(May 5, 2008) Capital International Asset Management Canada launched a new fund Monday — the Canadian Core Plus Fixed Income, a quality-focused fund with global high yield flexibility, says the company. “Canadian Core Plus adds geographic and sector diversity to investors’ portfolios and draws from the experience and resources of sub-advisor Capital Guardian Trust Company, […]

By Staff |May 5, 2008

2 min read

Sky’s the limit for TSX: Rubin

(May 5, 2008) Investors can count on the Bank of Canada not only ending its easing cycle, but boosting interest rates by up to 100 basis points by the end of the year, according to Jeff Rubin, chief strategist and chief economist at CIBC World Markets. “While the Bank of Canada may still have one […]

By Steven Lamb |May 5, 2008

2 min read

DundeeWealth goes shopping

The hunted has become the hunter in the Canadian asset management industry, as DundeeWealth announces a deal to buy a controlling interest in institutional money manager, Aurion Capital Management Inc. Dundee is taking a 60% stake in the firm for a combination of cash and common shares in Dundee, with the remaining 40% held by […]

By Steven Lamb |May 5, 2008

2 min read