Industry News

Risk management key to surviving downturn: Report

Managing risk is essential to the survival of asset management firms, according to a new report by Ernst & Young. The report points out the specific risks asset managers must recognize and overcome to position themselves for long-term success. The report says the current market crisis is by far the most immediate and dangerous threat […]

By Mark Noble |March 31, 2009

4 min read

Briefly: “FEI Canada calls for increased credit to businesses” and more news

The government must play a more active role in increasing the credit available for Canadian businesses, according to Tuesday’s testimony by the Financial Executives International (FEI) Canada before the House of Commons Standing Committee on Finance. “Greater access to long-term credit financing, particularly for small-to-medium businesses, in addition to increasing inter-provincial trade efficiency and establishing […]

By Staff |March 31, 2009

3 min read

Niche products provide opportunity

As your client’s focus shifts from growing wealth to preserving it, there’s opportunity for insurance planning. And one area that may provide value-added prospects for advisors is the insurance product geared toward niche markets. There are sales to be made in this market right now, but clients most likely want to see immediate value for […]

By Mark Noble |March 30, 2009

4 min read

Briefly: “Genuity scoops Scotia team” and more news

Genuity Capital Markets has hired David Tyerman, formerly with Scotia Capital, along with his equity research team, which covers the auto parts, industrial products and transportation sectors. The Toronto-based team, which includes Neil Forster and Chris Bowes, started with Genuity today. Tyerman has covered the auto-parts sector since 1997, in addition to other industrial companies. […]

By Staff |March 30, 2009

2 min read