Market Insights

Decorative pattern

Market Insights

Asset allocation strategies drive advisor business

Those who manage more than $50 million in assets are overwhelmingly choosing balanced mutual fund mandates for their clients, according to an exclusive survey of 330 Canadian financial advisors conducted for Advisor’s Edge Report by the research group at Rogers Business and Professional Publishing. Almost two-thirds of the high-performing advisors surveyed (64%) were advising clients […]

By Mark Noble |November 11, 2009

5 min read

Decorative pattern

Market Insights

P.M. market numbers: November 11, 2009

The Toronto stock market closed little changed Wednesday as early gains in commodity stocks deteriorated while bullion prices continued to set record highs. The S&P/TSX closed up 13.01 points at 11,439.75, falling sharply from a 133-point jump in the morning as the U.S. dollar pulled away from a 15-month low, which in turn depressed oil […]

By Staff |November 11, 2009

2 min read

Decorative pattern

Market Insights

A.M. market numbers: November 10, 2009

North American markets headed for a lower opening Tuesday after a slide in the U.S. dollar helped power stock indexes, commodity prices and the Canadian dollar sharply higher on Monday. The Dow Jones industrial futures slid 29 points to 10,162, the Nasdaq futures moved down 4.25 points to 1,762.25 while the S&P 500 futures declined […]

By Staff |November 10, 2009

4 min read

Decorative pattern

Market Insights

If an investment looks too good to be true, it probably is

A few weeks ago, a longtime friend and client asked for an appointment with me. When he arrived, I noticed his wife seemed uptight while he looked embarrassed and sheepish. This surprised me, as both are usually very upbeat and happy people. Soon I learned what was troubling them. Apparently, a relative had introduced them […]

November 10, 2009

3 min read