Industry

Briefly:

(December 5, 2003) Manulife Mutual Funds today announced the termination of the Elliott & Page Canadian Alphametrics Fund and the Elliott & Page U.S. Alphametrics Fund. In a statement, Manulife said the decision was taken in consultation with the funds’ sole institutional investor. The funds, which will be closed effective December 15, had combined assets […]

By Staff |December 1, 2003

4 min read

Advisor’s Edge hails industry’s unsung heroes

(December 1, 2003) They’re the backbone of the industry, the advisors who quietly build a strong relationship with their clients through superior service. They might not seek fame, but sometimes it finds them. The cover story for the December issue of Advisor’s Edge is entitled “Unsung heroes,” referring to five dedicated advisors who have earned […]

By Steven Lamb |December 1, 2003

3 min read

Fund scandals will lead to regulatory changes, says CI president

(December 1, 2003) The head of one of the country’s largest mutual fund companies says there’s no need for the Canadian industry to defend itself in the wake of a series of fund scandals in the U.S. However, CI Funds president Bill Holland admits the scandals will likely lead to some regulatory changes. “I think […]

By Doug Watt |December 1, 2003

2 min read

Assante, Ontario regulator settle in out-of-province case

(November 28, 2003) Assante Financial Management has settled with the Ontario Securities Commission (OSC), over charges the firm had allowed advisors to represent clients in Ontario without proper registration. Under the settlement, Assante must hire an auditor to review its “policies, procedures and internal controls regarding out-of-province trading” with a report due within 90 days […]

By Steven Lamb |November 28, 2003

2 min read