Industry News

Study finds evidence of widespread front-running

According to a new study co-authored by a Toronto-based professor, there is evidence that front-running is a common practice on Wall Street. Front-running is the term used to refer to an investor with insider knowledge of an impending large sale of a security using that information to trade in the security before the sale. It’s […]

By Mark Noble |July 31, 2008

4 min read

Briefly:

(July 30, 2008) The Canadian Investment Awards has announced the creation of a new award that will recognize one investment firm for “showing a concrete commitment to environmental leadership.” “I believe that investing in our environment is one of the most important and relevant long-term investments we can make,” says Sabine Steinbrecher, founder and president, […]

By Staff |July 30, 2008

2 min read

Active managers miss the benchmark again

The last year hasn’t been kind to active managers — they haven’t beaten their benchmark in four quarters, but according to a new survey, they’re getting closer. Russell Investments Canada’s active manager report reveals that in Q2 of this year, 41% of active managers outperformed the benchmark. That’s an improvement of 21 percentage points over […]

By Bryan Borzykowski |July 30, 2008

2 min read

U.S. inflation to send wages, Fed rate higher

Interest rates south of the border will rise dramatically in 2009, as the Federal Reserve is confronted later this year by a top-line inflation rate of 6%, according a new report out of CIBC World Markets. The culprit in this scenario is, not surprisingly, bubbling crude — oil, that is. While the high cost of […]

By Steven Lamb |July 30, 2008

3 min read