Industry News

IPOs ride crest of market recovery

The Canadian IPO market seems to be getting back on its feet again. With a quarter of the year still ahead, the cumulative value of initial public offerings (IPO) in Canada for this year has exceeded $4 billion, according to a survey by the PriceWaterhouseCoopers (PwC) of IPO activity on Canadian exchanges. Market watchers, however, […]

By Vikram Barhat |October 5, 2010

3 min read

Long term funds sales strong in September

Mutual fund sales were probably substantially negative in September, according to preliminary estimates from the Investment Funds Institute of Canada (IFIC). The industry group estimates sales could have ranged anywhere from $400 million in net redemptions, to $100 million in net sales. The good news is that long term funds enjoyed net sales of over […]

By Steven Lamb |October 5, 2010

2 min read

Briefly: “IIROC settles with Gary Voncina” and more news

A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has approved a Settlement Agreement, including sanctions, between IIROC staff and Gary Voncina. In the agreement, Mr. Voncina agreed to pay a $15,000 fine plus $500 in costs. Mr. Voncina also agreed to a suspension from approval in any registered capacity with IIROC […]

By Staff |October 5, 2010

2 min read

Gauging quality companies

It’s difficult to reliably determine whether a given security has been issued by a truly quality company and to accurately establish its intrinsic value, but doing so is a critical way to add value to the investment process. Proper portfolio construction, diligent risk management, efficient trading, effective administration and responsive client service are all vitally […]

By Jeffrey Russell and Robert Swab |October 5, 2010

7 min read