Industry

Tracking ETF error

The 1 kg of stewing beef I bought ended up tasting like pork. When confronted, the butcher retorted “Well buddy, it’s meat isn’t it?” Most consumers would be incensed at this response, but for some reason, investors are far more tolerant. It may be that mutual funds have dulled our expectations by underperforming their benchmarks […]

April 9, 2010

4 min read

Advisors skeptical of U.S. social media site

A new U.S.-based site promising to build an exclusive networking lounge for the global community of financial advisors has a rocky foundation, according to financial experts on both sides of the border. Craftily named linkedFA — although it has no connection with the popular professional networking site LinkedIn — its creators claim it is “the […]

By Vikram Barhat |April 8, 2010

4 min read

Pension reform must promote choice, education

The current discussion of pension reform has a certain historic echo. Similar to the debate around Medicare in the 1960s, the future of Canada’s retirement income system is garnering attention as an issue of national importance. Like Medicare, which addressed the health care needs of Canadians, the growing focus on pension reform is looking at […]

By Blake C. Goldring |April 8, 2010

4 min read

Briefly:

Don Roberts has been tapped to become the new vice-chairman of renewable energy and clean technology in CIBC’s wholesale banking group. “I believe the sector provides significant growth opportunities for developers and investors alike,” said Roberts. “Total capital invested in clean energy has increased 60% over the last five years. I expect investment to grow […]

By Staff |April 7, 2010

2 min read