Industry News

Global portfolio seen mitigating risk

Despite the explosion of high profile global risks, the appetite for global markets remains strong. In fact, a survey by Franklin Templeton found that demand for global investments will only increase over the coming decade, as investors seek to minimize their exposure to any single economy. At the time of the survey, only 34% of […]

By Staff |March 29, 2011

2 min read

Discounted Japan a proxy for global growth

The majority of the economic damage caused by Japan's natural and nuclear disasters will be felt in Japan itself, with rolling blackouts hampering industrial production. But much of the Japanese economy is outwardly-focused, both in terms of sales and—to a lesser extent—production.

By Staff |March 28, 2011

3 min read

Sprott names wealth management CEO

Sprott Inc. has named David Franklin CEO of Sprott Private Wealth LP, a business unit of the company that provides wealth management services to high net worth individuals, foundations and trusts. “Since joining our organization in 2008, David has been a key contributor in his role as market strategist, conducting macro-economic analysis to help guide […]

By Staff |March 28, 2011

2 min read

Top ranks shuffled at CIBC

CIBC has announced an overhaul in its senior leadership, sparked, it would appear, by the departure of Sonia Baxendale, senior executive vice-president and president of retail markets is leaving CIBC. “I would like to thank Sonia for her significant contribution to CIBC over many years,” said Gerry McCaughey, president and CEO of the bank. “Thanks […]

By Staff |March 28, 2011

1 min read