Investments

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

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

Market Insights

Tiger 21 ties up with Richardson GMP

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

2 min read

Market Insights

Canadian securities attracting foreign funds

Foreign investors are snapping up Canadian securities while Canadians are looking elsewhere for diversification and growth, according to the latest Statistics Canada figures.

By Vikram Barhat |May 17, 2011

2 min read

TMX engulfed in bidding war

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.

5 min read

Changing dynamics of market surveillance

Regulators are running full-tilt to protect the markets from intentionally abusive as well as unintentionally disruptive behaviour, Miranda Mizan, principal of the TABB Group said during a StreamBase webinar on new requirements for market surveillance. The flash crash of May 6, 2010, which saw the Dow Jones Industrial Average drop almost 600 points in about […]

2 min read

Canadians’ investment optimism soars

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

1 min read

OSFI targets bond investors

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

LSE-TMX a real deal: CEO TMX

Defying fervent opposition and reports of other bids trying to dwarf the London Stock Exchange's $3.7 billion bid for the TSX, Thomas A. Kloet, chief executive officer, TMX Group Inc., assures it's a real deal.

2 min read