Industry

OSC names funds advisory committee

Ed Jackson, managing director and head, structured products group, RBC Capital Markets Oliver McMahon, director of product management at iShares, Blackrock Asset Management Canada Jeff Ray, project manager, affinity markets, Manulife Investments Mary Taylor, senior vice-president, product and marketing, Mackenzie Investment Mark Yamada, president, PUR Investing Inc. Goshka Folda, senior managing director, Investor Economics Kevin […]

By Staff |August 11, 2011

1 min read

BMO Capital Markets expands energy team

BMO Capital Markets has announced the hiring of Matthew Brogdon as director in the Acquisitions & Divestitures (A&D) team in its Houston-based energy practice. Prior to joining BMO Capital Markets, Brogdon served as co-president and CEO of a private exploration and production company, vice-president and team leader at Netherland Sewell & Associates, Inc. and senior […]

By Staff |August 11, 2011

1 min read

Power Corp. buys stake in Chinese asset manager

Power Corporation has struck a deal to purchase 10% of China Asset Management Co. Ltd. (China AMC) from CITIC Securities Co. Ltd., for about C$276 million. China AMC was established in 1998 and was one of the first asset management companies approved by the China Securities Regulatory Commission. It is recognized as the leading company […]

By Staff |August 11, 2011

1 min read

Debt downgrade threatens muni bonds

Having narrowly escaped the U.S. debt default blow, the holders of municipal and state bonds were only beginning to breathe easy when the credit rating downgrade rekindled their worst fears. A haircut for these investors may now be inescapable as state and local governments brace for unprecedented budgetary challenges. There could be some blowback on […]

By Vikram Barhat |August 11, 2011

3 min read