Industry News

SRI tipping points: An advisor road map

In 2007, it seemed socially responsible investing (SRI) had finally reached its “tipping point” in Canada: institutional investors were on board following the UN’s Principles of Responsible Investment, and on the retail side, the big banks were launching their first-ever SRI funds. But, thanks to the credit crisis, the euphoria was short-lived, and today, SRI […]

By Doug Watt |June 16, 2009

2 min read

Briefly:

Desjardins Group is building an even stronger presence in socially responsible investing (SRI). Desjardins Private Management clients can now invest via segregated accounts managed according to an activist investment principle, which emphasizes dialogue with companies. The offering is in partnership with Northwest & Ethical Investments L.P., Canada’s leader in SRI and a 50%-owned subsidiary of […]

By Staff |June 16, 2009

3 min read

The trek to break even

Most likely, clients are as concerned about making gads of money as they are about recovering their losses. Advisors have to manage their clients’ expectations of when they will break even. A new survey suggests about one-third of Canadians expect to break even in less than three years, and more than one-third expect it will […]

By Mark Noble |June 16, 2009

4 min read

Briefly:

Sun Life Financial has agreed to buy Lincoln National’s U.K. insurance unit for approximately £195 million (C$359 million), a move that will boost the Canadian insurer’s U.K. assets under management by 60%. The deal is expected to close in the third quarter and will double Sun Life’s U.K. policies to 1.1 million. “Sun Life is […]

By Staff |June 15, 2009

3 min read