Industry News

Advisor favour shifts from gold to stocks

Canadian advisors are moving away from gold and increasingly looking to stocks for higher returns, BetaPro Management’s Q1 2011 Advisor Sentiment Survey reveals. The BetaPro survey, based on responses from over 100 Canadian investment advisors, shows a massive plunge in bullish sentiment on gold stocks, “despite the fact that [they] delivered returns of more than […]

By Staff |January 25, 2011

3 min read

MFDA settles with Calogero Arcuri

A settlement hearing in the matter of Calogero (Charlie) Arcuri was held today in Toronto, Ontario before a hearing panel of the MFDA’s Central Regional Council. The hearing panel accepted the settlement agreement between Mr. Arcuri and MFDA staff, as a consequence of which Mr. Arcuri: In the settlement agreement, Mr. Arcuri admitted that: (a) […]

By Staff |January 24, 2011

1 min read

Tranen notes offer access to life settlement market

Tranen Capital Ltd. has launched a new note program, dubbed the Tranen Capital Longevity Notes Ltd. The program offers investors the option to link protective investments to the Tranen Capital Growth Fund Ltd., which manages life settlement policies. “Investors, such as pension plans, endowments, family offices, and high net-worth individuals, have wanted access to the […]

By Staff |January 24, 2011

1 min read

Fund cost poll suggests Canadians need advice

A large number of Canadian investors appear oblivious to the costs associated with their mutual funds, according to a survey commissioned by ING DIRECT. The poll found that 45% of Canadians were unsure about the annual management expense they are pay on mutual funds. It should be noted, of course, that ING is a purveyor […]

By Steven Lamb |January 24, 2011

2 min read