Industry News

Decorative pattern

U.S. fund discloses carbon footprint

Boston-based Green Century Funds is now disclosing the carbon footprint of its balanced fund, claiming to the first retail American mutual fund to do so. Green Century hired environmental consultancy firm Trucost to perform an analysis, which revealed that the carbon footprint of the balanced fund was 66% less than the S&P 500, as of […]

By Doug Watt |July 28, 2009

2 min read

Decorative pattern

Where risk paid off, Part II: Small Caps

Traditionally, small cap stocks are hammered during a bear market and are almost always on the leading edge of a recovery. The precipitous rise in small cap stock valuations has been welcome news for investors across the board, and it doesn’t look to be slowing anytime soon, small cap strategists say. Small capss tend to […]

By Mark Noble |July 28, 2009

5 min read

Decorative pattern

Briefly:

Montreal financier Earl Jones pleaded not guilty this afternoon to four charges of fraud and theft. Quebec’s financial securities regulator alleged earlier this month Jones may have swindled investors out of between $30 million and $50 million. Jones’s lawyer Jeffrey Boro is seeking bail for his client, who was taken into custody on Monday. He […]

By Staff |July 28, 2009

3 min read

Decorative pattern

Briefly:

Ninety-eight per cent of the 1,038 pooled funds in the Morningstar Canada database posted gains in the second quarter (Q2) of this year. For three consecutive months, all 41 of the Morningstar Canada Pooled Fund Indexes, which measure the asset-weighted average return of all funds within a category, experienced a strong rally. Twenty-five of the […]

By Staff |July 27, 2009

3 min read

Decorative pattern

IIROC, FINRA plan to collaborate

The Investment Industry Regulatory Organization of Canada (IIROC) and the Financial Industry Regulatory Authority (FINRA), an independent securities regulator in the U.S., announced a formal co-operation agreement aimed at greater exchange of information and cross-border assistance. In addition to information sharing on compliance and enforcement-related matters, IIROC and FINRA also plan to work together on […]

By Kanupriya Vashisht |July 27, 2009

4 min read

Decorative pattern

Where risk pays off: high-yield bonds

In the fall, a high yield bond fund manager had the appeal of a plague bearer, today the asset class is driving stellar returns and attracting money as it comes off record lows. While high yield bonds have gained a lot of ground, one veteran high yield strategist says there’s still opportunity in the space. […]

By Mark Noble |July 24, 2009

4 min read

Decorative pattern

CSA calls for better risk disclosure

When times get tough, regulators pay closer attention. And while advisors may be squirming under increased SRO scrutiny, they’d be gratified to know the watchdogs are keeping close tabs not just on them, but also the companies their clients are invested in. The Canadian Securities Administrators (CSA) just released the results of its continuous disclosure […]

By Steven Lamb |July 24, 2009

3 min read

Decorative pattern

Briefly:

Citadel Hytes Fund Citadel SMaRT Fund Citadel Stable S-1 Income Fund Citadel S-1 Income Trust Fund Citadel Premium Income Fund Citadel Premium Income Fund Citadel S-1 Income Trust Fund Citadel Stable S-1 Income Fund Citadel SMaRT Fund Citadel Hytes Fund Citadel Diversified Investment Trust Series S-1 Income Fund Equal Weight Plus Fund Crown Hill Fund […]

By Staff |July 24, 2009

4 min read

Decorative pattern

Bringing ETFs to the masses

The entrance of BMO as an exchange traded fund provider should in no way be underestimated. With thousands of advisors at its disposal, and one of the most important ETF pioneers at its helm, the bank has set its sights on bringing ETFs into the mainstream. It’s probably safe to stop referring to ETFs as […]

By Mark Noble |July 23, 2009

4 min read

Decorative pattern

Wealth giants to merge

GMP Capital and Richardson Partners Financial Limited have announced a plan to combine their respective wealth management businesses, GMP Private Client and RPFL. The resulting firm, to be named Richardson GMP Limited, will have more than $11 billion in assets under administration, managed by 114 investment advisory teams across Canada. With an average of over […]

By Steven Lamb |July 23, 2009

3 min read

← Previous 1 … 1,755 1,756 1,757 1,758 1,759 … 2,188 Next →