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Panel tosses $1.3 million client complaint

Merrill Lynch was handed a victory by a U.S. arbitration panel after expert witnesses testified the portfolio in question was diversified.

  • By: Staff
  • January 18, 2012 August 21, 2018
  • 10:07

Scotia buys control of Colombian bank

Scotiabank has announced the closing of its acquisition of a 51% stake in Banco Colpatria, citing “significant growth opportunities in Colombia”. Long-term partner Mercantil Colpatria…

  • By: Staff
  • January 18, 2012 August 21, 2018
  • 08:28

ETFs to soar in 2012

Canada’s exchange traded fund (ETF) industry is set for dramatic growth and change in the coming year, according to the Canadian ETF Outlook 2012 report…

  • By: Staff
  • January 18, 2012 September 6, 2018
  • 00:00

Discretionary trades cost advisor $23,500

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement between IIROC staff and Catherine Deborah Jones. In…

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 14:20

Business owners like pooled pension option

A rather unimpressed advice industry notwithstanding, the newly re-introduced Pooled Retirement Pension Plans (PRPPs) have found considerable favour with small business owners, according to a…

Key execs shuffled at GMP Capital

GMP Capital has announced a series of senior management changes, promoting three managing directors to vice-chairmanships.

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 13:23

Sun Life launches new mutual funds

Sun Life Global Investments (Canada) Inc today introduced the Sun Life Granite Managed Portfolios, a series of asset allocation portfolios available through advisors for mutual…

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 10:33

Regulator rejects client complaint

An arbitration panel convened by U.S. self regulator FINRA opted to strike from the record a complaint against a UBS trader who was alleged to…

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 10:08

BoC keeps rate at 1%

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1% cent. The Bank Rate is correspondingly 1.25%…

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 00:00

The world is on sale

The first rule of investing is to buy low and sell high. With a mantra of “crisis creates opportunity”, now’s the time to buy low,…

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 00:00

Canada’s stability attracts investors

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

Mackenzie to allow shorting

One of Canada’s best-known mutual fund companies is giving its managers the green light to engage in “a limited amount” of short-selling. Mackenzie Investments is…

  • By: Staff
  • January 17, 2012 August 21, 2018
  • 00:00

Mutual funds recover in 2011

The mutual fund industry managed to gather $1.13 billion in net new sales in December, capping 2011 off with full year sales of $21.2 billion,…

  • By: Staff
  • January 16, 2012 September 6, 2018
  • 14:47

Upbeat BoC survey signals rate hike on the way: analysts

Despite challenges, executives are optimistic about sales growth for the next year

  • By: Staff
  • October 15, 2018 October 15, 2018
  • 14:12

U.S. consumer spending well below estimates

Spending edged up a slight 0.1% in September

Home sales dipped 0.4% in September

Last month saw the first month-over-month decline since April

Liquid alts market could reach $20 billion in 5 years: Scotiabank

The market for such products quickly expanded in the U.S. after regulatory change

  • By: Staff
  • October 15, 2018 October 15, 2018
  • 15:30

Advocis, IAFP brand battle continues

Canada's Trademarks Opposition Board rules in the IAFP's favour for a second time

  • By: Staff
  • October 15, 2018 October 15, 2018
  • 14:28

Starlight Capital to launch global real assets trust

It will invest in real estate and infrastructure

  • By: Staff
  • October 15, 2018 October 15, 2018
  • 11:23

WisdomTree launches fixed income ETF

It will be actively managed

  • By: Staff
  • October 12, 2018 October 12, 2018
  • 12:05

First Block Capital launches ETF based on distributed ledger technology

ETF begins trading today

  • By: Staff
  • October 10, 2018 October 10, 2018
  • 11:48

How portfolio managers use ETFs

Catching up with the ‘new breed of money manager’