Industry

Retail investors choose silver over gold

Move over gold — silver is making a comeback. In fact, retail investors are driving a silver rally, reports ft.com. Sales of the U.S. Mint’s silver coins continue at a record pace, with 33 million ounces sold as of late August. And even though the precious metal took a hit, falling 48.5% from October 2012 […]

September 3, 2013

1 min read

SEC charges firm for soft-dollar schemes

The Securities and Exchange Commission today announced charges against a San Diego-based investment advisory firm and its president for allegedly steering winning trades to favored clients and lying about how certain money was being spent.

By Staff |September 3, 2013

3 min read

Purpose Investments launches new funds

Purpose Investments announced the first two of its funds, the Core Dividend Fund and the Tactical Hedged Equity Fund, have completed the initial public offerings of their exchange traded series of shares. These funds will began trading on the TSX today under the ticker symbols PDF and PHE, respectively. Read: Seif launches Purpose Investments These […]

By Staff |September 3, 2013

1 min read

Hedge funds with high fees deliver best returns

Hedge funds with a three-year track record of positive returns each month charge an average performance fee of 19.50%, finds data from Preqin. And funds with positive performance in less than a quarter of the months charge an average performance fee of 16.67%. Read: Hedge funds end 7-month winning streak “In a competitive fundraising climate, […]

By Staff |September 3, 2013

2 min read