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Portfolio products continue to wrap up assets
Steven Lamb / March 10, 2010Standalone mutual funds may be under attack—with billions in net redemptions over the past year—but the culprit is not necessarily the much-vaunted exchange traded fund. In fact, much of the money pulled out of individual funds may be finding its way into one of the best marketing tools the fund companies have: the portfolio solution.
AGF names Bogart as CFO
Vikram Barhat / March 10, 2010Industry veteran Robert J. Bogart has been appointed as senior vice-president and chief financial officer (CFO) of AGF Management Limited (AGF), the company announced today.
Dollar to hit parity with U.S. this summer: CIBC
The Canadian Press / March 10, 2010Expectations of higher interest rates and investor demand for Canada will help drive the Canadian dollar past parity with the U.S. greenback by this summer, says CIBC World Markets.
Insurance clients prefer e-delivery: study
Vikram Barhat / March 09, 2010The insurance industry is trailing behind other industries in keeping customers informed electronically, a recent research study concludes.
Travel insurance protects net worth
Steven Lamb / March 09, 2010If your clients are taking a quick spring break to a U.S destination, make sure they pack more protection than just sunscreen—they need to buy travel health insurance. A medical emergency outside of Canada can pose a serious threat to their overall financial well-being.
Five biggest banks earn $5.09 billion in Q1
The Canadian Press / March 09, 2010Canada's five biggest banks saw their profits soar in the first quarter of 2010, compared to a year before when the recession battered away at earnings.
Eaton Vance to enter ETF market
John Powell / March 09, 2010Eaton Vance is the latest mutual fund company to jump on the ETF bandwagon.
Briefly: "Conseiller.ca portal relaunched" and more news
Staff / March 09, 2010Rogers Publishing Limited today relaunched Conseiller.ca, Quebec's Web portal for financial professionals. For details, and to read other financial services industry updates, click here.
Housing market expected to surge: RBC
Vikram Barhat / March 08, 2010A steady increase in the number of Canadians intending to invest in a home further bolsters the resurgence of Canadian housing market, according to the 17th Annual RBC Homeownership Study.
Europe seeks to strengthen euro with its own IMF
The Canadian Press / March 08, 2010As Europe struggles with a debt crisis, the idea of a European Monetary Fund is quickly taking hold.
