Industry

MFDA rep fined $15,000, suspended

The MFDA commenced a disciplinary proceeding in respect of Christophe Xavier Taylor by Notice of Hearing dated July 20, 2012.

By Staff |January 28, 2013

1 min read

Sentry announces name change and new manager

Sentry Investments announced today it is changing the names of Sentry Diversified Total Return Fund and Sentry Diversified Total Return Class to Sentry Diversified Equity Fund and Sentry Diversified Equity Class, respectively. The objectives, strategies and other attributes of both remain the same.

By Staff |January 25, 2013

1 min read

Morgan Stanley head takes pay haircut

U.S. banks continue to cut bonuses and pays of their senior executives to beef up their bottom line. The latest addition to the growing list has been James Gorman, Morgan Stanley chief executive, who is set to take a pay cut, second year in a row. While the bank is looking for ways to boost […]

By Staff |January 25, 2013

1 min read

WEF: liquidity bubble a risk as economy improves

Attention was drawn, on the fourth day of the 43rd World Economic Forum (WEF) in Davos, Switzerland, to the risk of a liquidity bubble as the global economy gains momentum. Speaking at the annual meet, Ray Dalio, founder and chief investment officer of Bridgewater Associates, warned against such a consequence. Quoted in a WEF news […]

By Staff |January 25, 2013

2 min read