Industry

Canadians upbeat on finances, economy

Consumer confidence is higher now than it was in November of last year, according to the latest Harris/Decima-Investor’s Group Measure of Consumer Confidence. The upbeat mood also extended to their personal financial wellbeing and their short- and medium-term outlook—personally and for the Canadian economy. The overall measure of consumer confidence increased from 82.8 last November […]

By Staff |March 8, 2011

2 min read

Derivatives most serious threat: CFAs

A recent CFA Institute Financial Market Integrity Outlook Survey shows that CFA Institute members in 8 of the 16 largest markets see derivatives as the most serious issue facing global markets. While 23% of global respondents ranked derivatives as most serious, 20% consider financial reporting and market fraud as the most serious issue facing global […]

By Staff |March 8, 2011

2 min read

Scotia to merge fund team with Goodman & Co.

Scotia Asset Management has announced an overhaul for the management of several mutual funds, naming Goodman & Company, Investment Counsel Ltd. as sub advisor or portfolio manager. “We are pleased to expand our working relationship with the world class group of investment managers at Goodman & Company, Investment Counsel Ltd.”, said Glen Gowland, president and […]

By Staff |March 7, 2011

2 min read

State Street launches Collateral Tracking

State Street Corporation announced today the launch of a new Collateral Tracking service that helps asset managers and owners accurately assess and manage counterparty risk. Clients can now receive up-to-date reporting on the location and status of all collateral movements regardless of where the assets are held. The Collateral Tracking service expands the traditional core […]

By Staff |March 7, 2011

1 min read