Investments

Mackenzie to allow shorting

One of Canada’s best-known mutual fund companies is giving its managers the green light to engage in “a limited amount” of short-selling. Mackenzie Investments is sending out a notice to its clients, informing them of the change.

By Staff |January 17, 2012

2 min read

Mutual funds recover in 2011

The mutual fund industry managed to gather $1.13 billion in net new sales in December, capping 2011 off with full year sales of $21.2 billion, according to data released by the Investment Fund Institute of Canada (IFIC).

By Staff |January 16, 2012

1 min read

ETF sales climb in 2011

Despite continued market volatility through the final quarter of 2011, Canadian-listed exchange traded funds posted net sales of nearly $3 billion, according to the Canadian ETF Association (CETFA).

By Staff |January 16, 2012

1 min read

Friday the 13th: Credit Downgrade Day

Investors’ luck seemed to turn bad on Friday as the European debt problems of 2011 resurfaced again. At the end of the day, Standard & Poor’s downgraded several Euro zone members, including both France and Italy.

By David Andrews |January 16, 2012

5 min read