Industry News

Down markets, not downtime

In a time of an unprecedented global financial crisis, record unemployment, and when almost everyone’s investment portfolio is experiencing substantial losses, it would be understandable if advisors felt pessimistic about their prospects. “Not so,” says Susan Neal, a regional director at Investors Group. “This kind of market provides an excellent opportunity for advisors. During difficult […]

By Philip Dale |May 6, 2009

3 min read

CI sets up institutional practice

One of Canada’s largest retail asset managers has launched a new business division that will focus exclusively on the institutional investment marketplace. CI Investments has announced the launch of CI Institutional Asset Management. This brings together CI’s existing institutional distribution business and KBSH Capital Management, which was merged with Signature Global Advisors in December 2008. […]

By Steven Lamb |May 5, 2009

1 min read

RBC remains Canada’s most valuable brand

RBC has once again earned top spot in the Canada’s Most Valuable Brands report by Brand Finance Canada, a biannual study that ranks Canadian brands based on the financial value of a brand trademark. With a brand value pegged at nearly C$5.4 billion, RBC held on to the No. 1 rank it also owned in […]

By Matt Semansky |May 5, 2009

2 min read

Briefly:

Canada’s largest life insurance companies are scheduled to issue their latest earnings reports this week, and there’s a real risk that things could get ugly. According to a report out of CIBC World Markets, the industry could see losses of up to $1.6 billion in the first quarter, or about one third of analyst forecasted […]

By Staff |May 5, 2009

2 min read