Industry

IFB pledges support in regulatory lobbying campaign

(July 4, 2003) The Independent Financial Brokers of Canada (IFB) says it will spearhead a lobbying effort in favour of a passport registration system that would allow advisors to operate across the country. IFB president David Barber has pledged to take a “lead position” on the issue, including posting a paper on the association’s Web […]

By Doug Watt |July 4, 2003

2 min read

Are there enough signals yet to reinvest in wireless telecom service stocks?

The reception for telecom services has been very clear throughout the “great telecom implosion” of the past two years. Facing slack demand, fierce pricing pressure and a cash crunch, it has been clearly dreadful. Times could be changing – for the better, believe it or not. One signal of the wireless telecom service segment’s resurgence […]

By Staff |July 3, 2003

2 min read

Tactical fund managers bullish on equities, analyst says

(July 3, 2003) Tactical asset allocation fund managers are embracing the contrarian approach, diving headfirst back into equities, while investors do the opposite, according to a recently released report from research firm FundMonitor.com. Analyst Anthony Corona says that after a prolonged period of decline, many tactical asset allocation managers see equities as attractively valued, while […]

By Doug Watt |July 3, 2003

2 min read

Briefly:

(July 4, 2003) IFIC is predicting that June will prove to have been another month of investor exodus from mutual funds, with early estimates seeing net redemptions hitting between $450 million and $850 million. Larger firms were the hardest hit, with AGF seeing $229 million in net redemptions. Some smaller firms posted positive net sales, […]

By Staff |July 2, 2003

4 min read