News and resources for Canada's top financial advisors
Industry
(July 27, 2004) Canadian venture capitalists (VCs) and private equity investors are eager to deploy their cash, if they can just find a promising business opportunity to fund, according to Deloitte’s Canadian Private Equity Outlook survey. The industry as a whole is flush with cash, following a period of slim pickings for quality investment opportunities […]
By Steven Lamb |July 27, 2004
3 min read
(July 26, 2004) If the Ontario Securities Commission is planning on laying any charges in its probe of the mutual fund industry, it hasn’t mentioned it to the Investment Funds Institute of Canada (IFIC), according to the fund industry’s trade association. A report published in Friday’s National Post indicated the OSC was on the verge […]
By Steven Lamb |July 26, 2004
1 min read
(July 26, 2004) When the Ontario Securities Commission released its fair dealing model earlier this year, it also set up six industry working groups to work through the concept paper. Toronto advisor John De Goey gave Advisor.ca an inside look at the advisor transition committee, which is currently on a summer hiatus. “Our committee talks […]
By Doug Watt |July 26, 2004
(July 30, 2004) Sun Life Financial has reported quarterly earnings of $438 million, up from $366 million for the second quarter of 2003. Earnings per share were up 22% to 73 cents for the quarter and return on equity (ROE) increased to 12% from 10.%. “We are pleased with the overall results and the positive […]
By Staff |July 26, 2004
5 min read
(July 23, 2004) The proposed merger of Molson and Coors could boost the fortunes of mutual funds that invest in the two beer companies, says Morningstar Canada. Several Canadian mutual funds have substantial holdings in Molson’s shares including Trimark Canadian Endeavour (5.4% of assets), Trimark Enterprise (4.2%), Clarica Canadian Large Cap Value (4.2%), Northwest Canadian […]
By Doug Watt |July 23, 2004
2 min read
(July 23, 2004) While it is tempting to think the heady days of the late 1990s have returned, investors need to realize that 2003 was an extraordinary year for North American equity markets, according to a panel of fund managers assembled for Franklin Templeton’s annual Outlook and Opportunities Forum in Toronto this week. “My message […]
By Steven Lamb |July 23, 2004
4 min read
(July 22, 2004) The Canadian economy likely grew by about 3.25% in the first half of the year, the Bank of Canada said today in its latest monetary policy update. That’s slightly higher than the central bank projected in April, when it estimated growth of 2.75%. The bank credits stronger foreign and domestic demand for […]
By Doug Watt |July 22, 2004
(July 22, 2004) Despite the recent slowdown in the Chinese economy, the country remains attractive as a long-term growth opportunity, according to Dr. Mark Mobius, speaking today at the annual Franklin Templeton Outlook & Opportunities Forum in Toronto. “China’s unprecedented growth has led to new investment opportunities, in both the young urbanized internal economy and […]
By Steven Lamb |July 22, 2004
(July 21, 2004) Investors seeking good value in today’s stock markets should cast an eye to Europe and the U.S., according to the manager of the AGF International Value Fund. “After a number of years of global disappointment, of global recession, we really are in a period right now when everything is starting to move […]
By Steven Lamb |July 21, 2004
(July 20, 2004) After years of poor economic performance, Japan has topped the list of places to invest for the first six months of 2004, according to Morningstar Canada. The Morningstar Canada Japanese equity fund index was up 15.8% on a year-to-date basis, far surpassing the second-place European equity fund index, which gained 7.5% over […]
By Steven Lamb |July 20, 2004
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.