Industry

Fund sales rebound in October

Sales of mutual funds bounced back in October from their incredibly weak performance the month earlier, although the gains were far from evenly spread. Net new sales of long-term funds totalled $1.3 billion in October, a sharp rise from $40 million in September and well above the $900 million reported in October 2005. Adding in […]

By Steven Lamb |November 15, 2006

3 min read

Briefly:

(November 14, 2006) AGF Management has reached an agreement to acquire 80% of Highstreet Partners Limited, the London (Ontario)-based parent of Highstreet Asset Management. The firm will become part of AGF’s private investment management group, with its CEO, Rob Badun, taking on the role of president, AGF Private Investment Management Limited. “Highstreet is an outstanding […]

By Staff |November 14, 2006

3 min read

Pure competition

For the first time in six years, Canada’s main exchange is about to get some competition. On January 19th, Pure Trading, the new exchange operated by CNQ, will launch its continuous auction market. Pure Trading describes itself as the first alternative visible auction market for securities in Canada. Unlike TriAct Canada Marketplace or Liquidnet, which […]

By Mark Brown |November 14, 2006

4 min read

Briefly:

(November 13, 2006) Canadians are less enthusiastic about potential growth in their real estate investments, a poll released on Monday suggests, and are instead shifting their attention to mutual funds and RRSPs. Approximately 50% of non-retired Canadians surveyed by Demica for Investors Group believe their real estate assets will grow more in value than their […]

By Staff |November 13, 2006

3 min read