Industry News

Flaherty releases draft retirement funding proposal

Only days before federal and provincial finance ministers converge in Kananaskis, Alta., Finance Minister Jim Flaherty has released a draft framework for pooled registered pension plans (PRPPs).

By April Scott-Clarke |December 16, 2010

3 min read

BetaPro launches volatility ETFs

BetaPro Management has launched two new ETFs offering investors exposure to the S&P 500 VIX volatility index.

By Staff |December 16, 2010

1 min read

MFC Global is now Manulife Asset Management

MFC Global Investment Management is no more. As of December 15, the investment manager changed its branding to Manulife Asset Management across its global operations. The company spans 17 markets, and the Manulife Asset Management brand was already in use in six Asian markets. The company will also continue to use the John Hancock name […]

By Staff |December 16, 2010

1 min read

Foreigners park their funds in Canada

Canada continues to be a favourite parking spot for nervous money. Foreign investors acquired $9.5 billion worth of Canadian securities in October, according to a Statistics Canada report. Those flocking to Canada are largely taking refuge in Canadian bonds and stocks. The report said non-resident investors added $7.8 billion worth of Canadian bonds to their […]

By Vikram Barhat |December 16, 2010

2 min read