Industry

Briefly: “Dynamic offers new bond fund” and more news

Dynamic Funds has launched a new fixed income mandate aimed at providing income and stability with growth potential. The Dynamic Aurion Total Return Bond Fund will consist of an actively managed diversified portfolio of primarily Canadian fixed income securities. The lead manager on the fund is Christine Horoyski, senior vice-president and portfolio manager, fixed income […]

By Staff |August 31, 2010

3 min read

IIROC rolls out AdvisorReport service

Googling yourself is so passé. If you’re an IIROC-registered broker, there’s a new way to dig up your background. It can prove you’re squeaky clean, or lay your past bare, warts and all. Investors looking for a broker now have a new tool for checking out past conduct, thanks to IIROC’s new AdvisorReport. The service […]

By Steven Lamb |August 30, 2010

2 min read

Best of 2010: ‘I did what?’ A compliance field guide

This story bears repeating. Vikram Barhat tracked down some of the most common compliance problems among advisors. • • • A slew of financial violations have been keeping the hearing panels of MFDA and IIROC busy. Although many are deliberate, some of these offences are the result of glaring ignorance that leads financial practitioners afoul […]

By Vikram Barhat |August 30, 2010

6 min read

Jackpot! Two cents for lotto winners

Between the moment a lottery jackpot winner gets that fortuitous call and the moment the money reaches the winner’s back account, one thing seems to happen reliably. The overnight millionaire has blown more than half of their windfall, mentally. That’s exactly the type of flight financial experts advise against boarding. Using the recent winner of […]

By Vikram Barhat |August 27, 2010

2 min read