News and resources for Canada's top financial advisors
Industry
The federal bank regulator, the Office of the Superintendent of Financial Institutions (OSFI), wants bank-contingent capital in the bond index, and has a plan to achieve this objective.
By James Hymas |April 1, 2011
9 min read
The Canadian Securities Administrators (CSA) today released its oversight review of the Investment Industry Regulatory Organization of Canada (IIROC). In the review, the CSA assesses IIROC’s compliance with the relevant terms and conditions of recognition, and makes a determination as to whether regulatory processes at IIROC are adequate, consistent and fair. The review also examines […]
By Staff |April 1, 2011
3 min read
There is a new twist in the tale of global exchange consolidation. Nasdaq OMX Group and Intercontinental Exchange (ICE) have made a $11.3 billion hostile bid for NYSC Euronext, adding a 19% premium to the proposed Deutsche Boerse deal announced February 10. Analysts on both sides of the Atlantic have pointed out that the latest […]
By Vikram Barhat |April 1, 2011
2 min read
Scotia Asset Management has named Herndon Capital Management as portfolio advisor on the Pinnacle American Value Equity Fund, effective on or about April 29, 2011, replacing Metropolitan West Capital Management. Atlanta-based Herndon Capital is an institutional investment management firm specializing in large cap equity strategies.
1 min read
Top executives from Wellington West have categorically refuted a story in today’s Globe and Mail that the firm was in takeover talks with Montréal-based National Bank. Kish Kapoor, president of Wellington West Holdings Inc. summarily dismissed the suggestion as pure speculation. Kapoor shared with www.advisor.ca a copy of a staff circular emailed this morning to […]
By Vikram Barhat |March 31, 2011
The Ombudsman for Banking Services and Investments (OBSI) has issued a list of the frauds and scams that top its Most Frequent Complaints list. Here’s a list you can share with clients—and guard against yourself. 1) Debit and credit card fraud: Keep your cards in a safe place, use different PINs for each card, don’t […]
By Staff |March 31, 2011
Claymore Investments has launched non-hedged common units of its Claymore Gold Bullion ETF. The fund is designed to provide unitholders with exposure to physical gold bullion, on a fully allocated basis, passively holding physical gold bullion. It does not anticipate making regular distributions. “The Claymore Gold Bullion ETF has done a great job of providing […]
National Bank Securities has announced that four Meritage Portfolios are now available in a Corporate Class structure, allowing for greater flexibility and tax-efficiency for investors. The four portfolios are the Meritage Growth, Equity, Canadian Equity and Global Equity Class Portfolio. The Meritage Corporate Class Portfolios are also available in a T-Series to investors looking for […]
The U.S. subsidiary of Sun Life Financial is continuing its expansion and repositioning in a market that has undergone several upheavals in the last two years. Medium-sized companies—those with around 3,000 employees—and smaller companies are the clients of choice for Sun Life in the U.S. This is one of the strategies implemented by Westley Thompson, […]
By Fabrice Tremblay |March 31, 2011
A new phenomenon has been emerging in the space of socially responsible investment. It’s the integration of environmental, social and governance (ESG) information into investment processes. The growing interest in ESG information within the mainstream investment community has meant various ESG factors are entering the vocabulary of mainstream financial analysts and fund managers. ESG investing […]
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.