Industry News

Briefly: “BMO hires senior NY investment banker” and more news

BMO Capital Markets has hired senior investment banker Christopher Donohoe as a managing director in its financial institutions group. He will be based in New York City. “Chris’s expertise in the specialty finance industry is a great fit for the team, and his hiring is testament to our continued commitment to our clients as well […]

By Staff |March 26, 2009

2 min read

Where to get your gold

Most investment strategists concede that having some gold exposure is probably a good idea for a client’s portfolio. Where there is a more pronounced debate is where and how to get that exposure. For clients, the first issue to address is the reason for adding gold. Does a client want it to preserve value of […]

By Mark Noble |March 25, 2009

5 min read

Retirement’s greatest threat?

There’s no dearth of potential pitfalls for those about to retire. Inflation, pension plan insolvency, and an abyssal stock market have all conspired to menace many retirement portfolios. However, a recent survey suggests the No. 1 threat to retirement security in Canada appears regularly on television in a black suit and sunglasses, whispering ominously that […]

By Jody White |March 25, 2009

1 min read

Briefly: “U.S. hedge fund managers rake it in” and more news

It’s probably cold comfort for most of your clients, but at least some people were making money in 2008. The latest issue of Alpha Magazine, a journal of the American hedge fund industry, reveals that four managers managed to pocket more than $1 billion each. The top earner was James Simons of Renaissance Technologies Corp., […]

By Staff |March 25, 2009

3 min read