Industry News

Answer to market woes: invest in value

Even as the wreckage of financial giants continues to dominate business headlines, value investors are making the case for long-term fundamentals. And it might be just what the market needs. At the AIC roadshow this week, investors and advisors packed the sprawling Carlu ballroom in Toronto to ascertain whether or not value investing could really […]

By Romana King |September 22, 2008

4 min read

On The Shelf:

Previous Brieflies this week: | MON | TUE | WED | THU | (September 22, 2008) Manulife has added more bonus features to its popular guaranteed minimum withdrawal product, IncomePlus, including an unlimited income bonus period for investors. As of October 20, 2008, IncomePlus investors will receive a 5% bonus on their guaranteed income for […]

By Staff |September 22, 2008

2 min read

Wellington West sells small stake to National Bank

After searching for months, Wellington West Capital has found the backing it needs to pursue its aggressive growth strategy. The Winnipeg-based full-service brokerage has signed a deal to sell 12.5% of the firm to National Bank Financial Group for $35.8 million ($54.40 per share). Charlie Spiring, CEO and founder of Wellington West, says with the […]

By Renée Alexander |September 22, 2008

3 min read

Briefly:

(September 19, 2008) National Bank Financial Group has acquired Retirement Option Group, a financial planning firm with $1.5 billion in assets under management. “This is our fourth and largest transaction since the beginning of 2008,” said Luc Paiement, executive vice-president, wealth management and co-CEO of National Bank Financial. “We have once again confirmed that our […]

By Staff |September 19, 2008

2 min read