Industry

Stick with stocks, BMO advises

The patient is a little worse for wear, but they will likely survive on a prescription of equities, equities and more equities. That’s the diagnosis being given by the some of the most prominent financial analysts when it comes to where the economy and markets are heading in 2010. What’s striking about this prescription is […]

By John Powell |February 3, 2010

4 min read

Equity funds lead January retreat

Last year may have been the best 12 months that mutual fund investors have seen in the last 15 years, but 2010 is off to a poor start, according to data compiled by Morningstar Canada. In the first month of the year, 30 out of 43 Morningstar Canada Fund Indices posted negative returns, as stock […]

By Steven Lamb |February 2, 2010

2 min read

Briefly:

Creststreet Asset Management has appointed Michael D. Clare as vice-president, investments. He joined Creststreet in 2008 and has held roles of increasing responsibility in investment analysis since. Clare will co-manage Creststreet’s investment funds along with the firm’s managing director and founder, Robert J. Toole. Clare succeeds Stephen R. Martin, who has left the firm to […]

By Staff |February 2, 2010

2 min read

Debt freedom comes in retirement: study

Since the fall of 2008, one of the leading trends in both the investment industry and the broader economy has been deleveraging. Consumers are delaying purchases and clients may be investing less as they strive to reduce their total debt loads. It appears that debt elimination is a long-term strategy, with the final goal often […]

By Steven Lamb |February 1, 2010

3 min read