News and resources for Canada's top financial advisors
Market Insights
There is a general assumption in the financial industry that investor sophistication increases along with net worth. But a recent survey by Brandes Investment Partners finds affluent investors fall into same home bias trap as everyone else. The firm’s Global Investing Study, found that Canadians with more than $250,000 in investable assets hold, on average, […]
By Staff |May 19, 2011
2 min read
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Konstantinos Georgeos Arapis. With this agreement, Arapis admits that he had clients participate in an off-book transaction and that he failed to ensure that certain trades were within the bounds of good […]
Industry
BMO ETFs, Claymore Investments, and Horizons Exchange Traded Funds have agreed to collectively launch the Canadian ETF Association (CETFA), to promote the Canadian ETF industry. The founding managing directors of CETFA are Rajiv Silgardo, co-CEO, BMO Global Asset Management; Som Seif, president and CEO, Claymore Investments; and Howard Atkinson, president of Horizons Exchange Traded Funds. […]
1 min read
Canadian investors may be showing a little more appetite for risk, with a vast majority telling a recent survey they would invest in growth-oriented mutual funds over the next year. It should be noted that the definition of “growth-oriented” in this case is not that of the industry style-box, but refers to capital appreciation strategies. […]
The exclusive club for high net worth individuals Tiger 21 Canada has found its match in Richardson GMP as the two enter into a strategic partnership, said a Richardson GMP announcement today. Richardson GMP, a powerful wealth management firm, will bring its extensive understanding and wealth planning capabilities in servicing the distinct needs of high […]
By Vikram Barhat |May 17, 2011
Foreign investors are snapping up Canadian securities while Canadians are looking elsewhere for diversification and growth, according to the latest Statistics Canada figures.
Recent oil price volatility has raised concerns about managing portfolio risk, particularly when oil and Energy occupies a significant weighting on the TSX 60 and Composite -approximately 27%.
By Rayann Huang |May 17, 2011
5 min read
A battle for control of the TMX has begun. The opening salvo comes courtesy of a consortium of four Canadian banks and five Canadian pension funds who have jointly made a $3.7 billion hostile bid for TMX to derail LSE's $3 billion friendly bid made in February.
By Vikram Barhat |May 16, 2011
With growing optimism, investor confidence in Canada improved towards a range of investment vehicles including stocks, fixed income, investment properties and balanced funds, according to the Manulife Investor Sentiment Index. The survey, conducted in the first quarter of 2011, shows buying a home continues to be a high priority for Canadian investors. “Confidence in investing […]
By Staff |May 13, 2011
A recent piece in the Financial Post stated that the federal bank regulator, the Office of the Superintendent of Financial Institutions (OSFI), wants bank-contingent capital in the bond index, and has a plan to achieve this objective.
By James Hymas |May 13, 2011
9 min read
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