Industry News

A fresh look at due diligence

Do investors really know the risks associated with their chosen investments? For many of them, the answer may be no, according to Craig Asche, director of the Chartered Alternative Investment Analyst Association. Asche, who heads up the Massachusetts-based association that accredits the CAIA designation, was in Toronto last week to meet with key stakeholders in […]

By Mark Noble |February 23, 2009

4 min read

Canadian pension funds to take action in 2009

Last year was the worst year on record for Canadian pension plans, but fund managers have several options to help them draw valuable lessons from the economic crisis and to prepare for a return to better times, according to Morneau Sobeco. With a median return of -16.5% in 2008, Canadian pension funds suffered the most […]

By Jody White |February 23, 2009

3 min read

Briefly: “Consumers cheering up: IG poll” and more of Monday’s news

The spectre of further economic decline and climbing unemployment is weighing less heavily on the Canadian consumer, according to a Harris/Decima survey conducted for Investors Group. The poll found that consumer confidence in February has returned to a reading of 67.0, the same level as in August 2008. Twice as many respondents felt they’d be […]

By Staff |February 23, 2009

3 min read

ING Canada’s insurance arm becomes Intact Insurance

Under Dutch ownership, it carried the name of its financial giant parent. As a wholly-owned Canadian company, the former ING Insurance Company of Canada will be known as Intact Insurance, the new company announced this afternoon. The new name — its logo is a simple wordmark bracketed in red — is a step away from […]

By Terri Goveia |February 23, 2009

2 min read