Market Insights

Decorative pattern

Market Insights

Home bias strong in affluent investors

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

Decorative pattern

Market Insights

IIROC settles with Konstantinos Georgeos Arapis

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 […]

By Staff |May 19, 2011

2 min read

Decorative pattern

Industry

Canadian ETF Association launched

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. […]

By Staff |May 19, 2011

1 min read

Decorative pattern

Industry

Risk is back on the menu

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. […]

By Staff |May 19, 2011

2 min read