Industry News

Decorative pattern

More value in Europe than Asia: Fund manager

(July 21, 2004) Investors seeking good value in today’s stock markets should cast an eye to Europe and the U.S., according to the manager of the AGF International Value Fund. “After a number of years of global disappointment, of global recession, we really are in a period right now when everything is starting to move […]

By Steven Lamb |July 21, 2004

4 min read

Decorative pattern

Japanese equity funds lead in first half

(July 20, 2004) After years of poor economic performance, Japan has topped the list of places to invest for the first six months of 2004, according to Morningstar Canada. The Morningstar Canada Japanese equity fund index was up 15.8% on a year-to-date basis, far surpassing the second-place European equity fund index, which gained 7.5% over […]

By Steven Lamb |July 20, 2004

2 min read

Decorative pattern

Reverse mortgage provider reacts to proposed new rules

The Ontario government’s recent proposal to impose tighter regulations on reverse mortgages is being welcomed by the country’s largest provider, the Canadian Home Income Plan (CHIP). At the same time, advisors have some words of warning about the loan product, noting that reverse mortgages are suitable for relatively few clients and should only be contemplated […]

By Doug Watt |July 20, 2004

3 min read

Decorative pattern

Briefly:

(July 23, 2004) Jovian Capital has completed a deal to acquire 50% of the outstanding shares of hedge fund specialist Pescara, first announced in April. Pescara manages a domestic and an offshore fund of funds. “Pescara is very well situated to take advantage of the growing demand for fund of fund products in the hedge […]

By Staff |July 19, 2004

9 min read

Decorative pattern

Regulators turn a skeptical eye to soft dollars

(July 19, 2004) They’ve been castigated as the brokerage industry’s dirty little secret and praised as an important funding source for independent research. Whatever your opinion on soft-dollar arrangements, regulators are taking notice and there seems little doubt they will soon be subjected to increased disclosure, according to one industry expert. That new transparency could […]

By Doug Watt |July 19, 2004

3 min read

Decorative pattern

SEC proposes limited registration for hedge fund managers

(July 16, 2004) A year after convening a two-day conference on hedge funds, the U.S. Securities and Exchange Commission (SEC) has tabled a proposal to force hedge fund managers to register with the commission. In part, the proposal reflects the fact that the SEC knows so little about hedge funds. The proposal “would provide the […]

By Scot Blythe |July 16, 2004

2 min read

Decorative pattern

Independent brokers take on bank-owned firms

(July 16, 2004) Independent brokerage houses are using the carrot of higher payouts to attract advisors from the big bank-owned firms. And the strategy appears to be paying off. The IDA sampled 27 established independent retail firms with assets of at least $500 million for its latest Wealth Watch report. Those firms all experienced healthy […]

By Doug Watt |July 16, 2004

2 min read

Decorative pattern

Divorce costly but few seek financial advice

R elated Stories Divorce specialist designation picks up steam Your clients are splitting up. What’s an advisor to do? Add value by helping clients through life transitions Power your prospecting by creating a community referral network “My job is to keep people grounded and focused on realistic expectations,” he says. “My value is not only […]

By Staff |July 16, 2004

4 min read

Decorative pattern

Ontario regulator issues guidelines for RESP dealers

(July 15, 2004) The Ontario Securities Commission (OSC) has issued a report on scholarship plan dealer firms, having found deficiencies in business, sales and disclosure practices at least three such companies. “Through a combination of specific terms and conditions on the registration of scholarship plan dealers that we will be monitoring very closely and the […]

By Steven Lamb |July 15, 2004

2 min read

Decorative pattern

June mutual fund sales offer few surprises

(July 15, 2004) Canadians continued to invest in mutual funds in June, with net new fund sales hitting $491 million. Including reinvested distributions of $722 million, net sales hit $1.2 billion. “Net sales for long-term funds were $854 million, a $600 million increase from the previous month and the highest for the month of June […]

By Steven Lamb |July 15, 2004

3 min read

← Previous 1 … 2,095 2,096 2,097 2,098 2,099 … 2,188 Next →