Industry

MFDA issues investment loan warning

(August 19, 2005) Danger, free money. The MFDA has issued a warning to members regarding what it calls misleading communications involving investment loans. “MFDA staff has become aware of communications sent by affiliated financial institutions of fund managers to MFDA members, which promote investment loans in a manner that is misleading and contrary to the […]

By Philip Porado |August 19, 2005

2 min read

Bond market picks up steam in Q2

(August 18, 2005) After a sluggish first quarter, debt financings and trading gained in Q2, generating $41.5 billion, a 14% increase from the same period last year, the IDA says in its quarterly review of debt new issues and trading. Although issuance of government bonds was relatively flat as Ottawa stuck to its debt reduction […]

By Doug Watt |August 18, 2005

2 min read

Hallett suggests DSC revamp

(August 18, 2005) Fund companies should consider giving investors a break on their fees once their DSC schedule runs its course, according to one prominent fund industry analyst. “Industry critics and investor advocates call the system unfair since fund companies easily recoup the cost of the upfront commission paid in well under six years,” says […]

By Steven Lamb |August 18, 2005

3 min read

Energy companies warned of human rights risks

Maintaining transparency of community-building investments to eliminate corruption Implementing crisis management plans that include strong public protests directed at host governments that become implicated in human rights violations Developing clear triggers that describe the human rights conditions when the company will leave the host country Demanding joint venture partners are equally committed to international human […]

By Doug Watt |August 17, 2005

2 min read