Industry News

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Industry

Counsel to merge Titan Managed Portfolios

Counsel Portfolio Services has announced it will merge its Titan Managed Portfolios with comparable Counsel investment mandates, following approval of the move by Counsel’s Independent Review Committee. The mergers will take place as follows: The mergers are expected to take place in the first half of 2011. Investors in Titan Managed Portfolios will be provided […]

By Staff |February 25, 2011

1 min read

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Industry

Tradex changes subadvisor on bond fund

Tradex Management has named Foyston, Gordon & Payne Inc. as the new portfolio manager of the Tradex Bond Fund, replacing TD Asset Management, effective March 1, 2011. Tradex will also hold a special meeting of the bond fund’s unitholders to vote on changes to the mandate’s investment objectives. These changes would allow up to 30% […]

By Staff |February 25, 2011

1 min read

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Industry

Mackenzie changes Focus subadvisor lineup

Mackenzie Financial has announced that Henderson Global Investors will no longer sub-advise on the Mackenzie Focus Fund and Mackenzie Focus Class, effective March 31, 2011. The funds employ the services of five other management teams, which will continue to serve as sub-advisors. Each portfolio management team of Mackenzie Focus Fund and Mackenzie Focus Class selects […]

By Staff |February 25, 2011

1 min read

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Industry

Income trusts beyond 2011

Canada is in the midst of a bull market in yield securities. Retail and institutional investors alike are clamouring for securities generating and paying a steady cash flow. The demographics of this country provide strong evidence of why the demand for yield has seemingly accelerated in recent years.

By Dennis Mitchell |February 24, 2011

9 min read