Industry News

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Industry

“I own what?” Get ready for income trust confusion

Just a warning to the IIROC-licensed advisors out there whose clients held onto their income trust holdings: You might get some confused phone calls the next time client statements go out. No doubt you explained to clients long ago that most of their income trusts would convert to corporate structures by January 1, 2011. Less […]

By Steven Lamb |January 7, 2011

1 min read

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Industry

CIBC Poll: Canadians worried about debt, retirement

According to a CIBC poll, there are two financial concerns weighing on the minds of Canadians: paying down personal debt and saving for retirement.

By John Powell |January 6, 2011

2 min read

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Industry

Franklin Templeton launches Asian Growth fund

Franklin Templeton Investments has launched the Templeton Asian Growth Corporate Class, managed by emerging markets expert Mark Mobius and his team. The fund will invest not only in companies located in Asia, but those positioned to benefit from growth on the continent. “Asia represents an important arena in emerging markets investing. While valuations in this […]

By Staff |January 6, 2011

1 min read

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Industry

Fund sales end 2010 on a high note

Mutual fund sales finished 2010 on a strong note, with between $1.17 billion and $1.67 billion in net sales, according to preliminary estimates from the Investment Funds Institute of Canada. Total industry assets are estimated to have ended the year between $632.1 billion and $637.1 billion, up 2.4% from the end of November. Several companies […]

By Steven Lamb |January 6, 2011

2 min read