News and resources for Canada's top financial advisors
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Directors and officers of the Crocus Investment Fund “abdicated their responsibilities” to more than 33,000 shareholders, according to a new report released by the court-appointed receiver, and that has convinced Russ Holmes to push for an end to their indemnification from a class-action lawsuit. Holmes, a partner at the Winnipeg office of Deloitte, spent more […]
By Renée Alexander |November 26, 2007
6 min read
Market Insights
There will be a rapid growth in oil demand (particularly from developing Asian countries). Energy price hikes will negatively impact the U.S. economy. Energy costs will push the cost of other products, such as travel, consumer products and petrochemical products, such as plastic, higher. Increased demand on ethanol will push soft commodity prices higher — […]
By Romana King |November 15, 2007
4 min read
(November 2007) In my last column, I went outside of my economist background and training into some new areas for me, including extolling the virtues of creating a vision for retirement. While I firmly believe in creating a vision and having dreams for retirement, the economist in me always wants to put a number on […]
By Peter Drake |November 13, 2007
5 min read
(November 2007) Since the beginning of the decade, industry observers have predicted a quick demise of the deferred sales charge option on mutual funds. While DSC may no longer be the load option of choice for advisors in Canada, it refuses to die out. This stands in stark contrast to the U.S. market, where the […]
By Mark Noble |November 1, 2007
(October 2007) A lot of people think of syrup when they hear the word Canada, but the buzz around another maple product is growing louder by the quarter. According to the Investment Industry Association of Canada, maple bonds had a stellar first six months of 2007, accounting for almost half of all corporate issuance from […]
By Bryan Borzykowski |October 30, 2007
3 min read
(October 2007) For years, stand-alone mutual funds have been the investment of choice for investors seeking to mitigate risk, but the days appear to be numbered for this investment option. Fund wraps, or funds-of-funds, are gaining significant ground on their standalone counterparts. In its monthly Insight newsletter, Toronto-based research firm Investor Economics reports that fund […]
By Bryan Borzykowski |October 19, 2007
(October 2007) Few investment managers can fill a room like Eric Sprott. His annual roadshow blends economic doom and gloom, humour and investor optimism. Those who packed the ballroom in Toronto were not disappointed. “When I think about leveraged finance, and what central banks do, and the banks’ stocks are all going up, I actually […]
By Steven Lamb |October 4, 2007
(September 2007) At the beginning of the summer of 2007, a new language seemed to emerge. The media, pundits, advisors, doomsayers were all talking in what I called the “alphabet acronyms” — i.e., CDOs, ABSs, ABCP and so on. I would wager few financial advisors gave much thought to these products before they became the […]
By Peter Drake |September 10, 2007
(September 2007) With the markets in turmoil, many clients are looking for new, less risky places to put their money. According to Toronto-based consultancy firm Investor Economics, the high interest savings account (HISA) is turning out to be the destination of choice for risk-averse investors. A recent Insight report from the firm focuses on the […]
By Bryan Borzykowski |September 6, 2007
(August 2007) It has been an unusually rough summer on the capital markets, which may be fine for younger investors with longer time horizons, but for those nearing retirement — or already there — volatility is the last thing they need. For investors who want downside protection and potential growth, it may be time for […]
By Steven Lamb |August 29, 2007
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