News and resources for Canada's top financial advisors
Economic Indicators
The U.S. economy is strengthening and will set the tone for the global investment landscape in 2011, according to the chief economist of Laurentian Bank. “Two significant events occurred at the end of 2010 that generated significant momentum for the American economy,” says Carlos Leitao, pointing to the second wave of quantitative easing and the […]
By Steven Lamb |January 27, 2011
2 min read
Industry
If you needed reassurance that Canadians do, in fact, need financial advice, it’s here. Despite a dominant belief that now is a good time to invest, Canadians are wary of entering the market. A new survey commissioned by Franklin Templeton Investments finds that bullish sentiment outweighs bearish sentiment by a ratio of 4-to-1. Yet more […]
Having climbed the wall of worry in 2010, the North America equity market is looking at a promising year ahead where new opportunities abound. Several specific factors are expected to produce positive returns for equities, so stay the course, said Jeffery Tory, chairman GBC Asset Management and portfolio manager at Pembroke Management Limited. “It was […]
By Vikram Barhat |January 26, 2011
4 min read
U.S. President Barack Obama’s state of the union address on Tuesday night included strongly worded promises to expand current commitments on investment in infrastructure and scientific innovation, which could provide opportunities for Canadian firms, according to Paul Taylor, CIO at BMO Harris Private Banking. “We’ve begun rebuilding for the 21st century, a project that has […]
By Dean DiSpalatro |January 26, 2011
If there was a Guinness record for the longest game of hot potato, the Norbourg scandal would probably be included among the finalists—and this without counting all the other unenviable records linked to it, like most confused court proceedings, greatest ever financial scandal in La Belle Province, greatest number of lost faxes, worst collaborative effort […]
By Yves Bonneau |January 25, 2011
5 min read
This is the final installment of a three-part report on IHS Global Insight’s discussion on the Eurozone sovereign debt crisis. It covers IHS chief European and U.K economist Howard Archer’s assessment of the economic situation in the U.K., and IHS senior economist Timo Klein’s look at Germany’s prospects as the Eurozone’s key growth driver. Top […]
By Dean DiSpalatro |January 25, 2011
Canadian advisors are moving away from gold and increasingly looking to stocks for higher returns, BetaPro Management’s Q1 2011 Advisor Sentiment Survey reveals. The BetaPro survey, based on responses from over 100 Canadian investment advisors, shows a massive plunge in bullish sentiment on gold stocks, “despite the fact that [they] delivered returns of more than […]
By Staff |January 25, 2011
3 min read
A large number of Canadian investors appear oblivious to the costs associated with their mutual funds, according to a survey commissioned by ING DIRECT. The poll found that 45% of Canadians were unsure about the annual management expense they are pay on mutual funds. It should be noted, of course, that ING is a purveyor […]
By Steven Lamb |January 24, 2011
Liquidity flows into emerging markets as the receding economic tide continues to expose the financial system of the developed world. From a macro-economic perspective, the U.S. and Europe are beset by low growth relative to the rest of the global market, said Jeffery Urbina, principal of William Blair & Company, a Chicago-based investment firm. “In […]
By Vikram Barhat |January 24, 2011
GMP Investment Management has launched a new limited partnership fund based on Canada’s restructured asset backed commercial paper, the assets at the heart of the 2007 ABCP crisis. GMPIM has traded over $2 billion (face value) in restructured ABCP through its GMP Diversified Alpha Master Fund since April of 2008, and the new Canadian ABCP […]
By Staff |January 21, 2011
1 min read
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