Investments

Asset managers bullish on industry: PwC

Investors are finally getting the message that they need to save more for their retirement, making an aging population less of a drag and more of a growth driver for the asset management industry, according to a survey of CEOs in the business. The PwC survey found that 68% of CEOs at asset management firms […]

By Staff |March 17, 2011

3 min read

Foreign buyers flock to Canadian debt

If there was any question of Canada’s growing reputation as a safe haven, the latest data from StatsCan back it up. Foreign investors bought $13.3 billion worth of Canadian securities in January. Bonds were the order of the month, attracting $10.1 billion in net new investment. Federal government bonds made up a little more than […]

By Staff |March 17, 2011

1 min read

Pension reforms must do better: OECD

Recent reforms will be inadequate to cover higher pension costs in the future, despite increases in retirement ages in half of Organisation for Economic Co-operation and Development OECD countries, says the OECD report Pensions at Glance 2011. The organization that works for the improvement of the economic and social well-being of people around the world […]

By Staff |March 17, 2011

2 min read

TMX launches new dark order types

TMX Group has announced the integration of two new on-book dark order types—Dark Mid-Point and Dark Limit Orders—into the existing order books on Toronto Stock Exchange and TSX Venture Exchange. Dark orders allow institutional traders to place large buy and sell orders while limiting their impact on the price of the security they are trading. […]

By Staff |March 16, 2011

2 min read