Industry News

On The Shelf: Franklin Templeton changes fund lineups

(June 9, 2008) Changes are afoot at Franklin Templeton Investments, as the company announced Monday that it was altering its Global Income Fund and Quotential Diversified Income Portfolio lineups. Templeton Global Income Fund Series A units will now become Series T, while the U.S. dollar Series A is set to become the new Series T-USD […]

By Staff |June 9, 2008

1 min read

Briefly:

(June 9, 2008) TSX Group has found someone to replace Richard Nesbitt as the organization’s CEO. Thomas Kloet, senior executive vice-president and COO of Fimat USA and Newedge USA will take over the job starting July 14. “Tom brings a very impressive track record of success in a number of key areas and we believe […]

By Staff |June 9, 2008

3 min read

Women not represented in the boardroom: study

Canada will lose a competitive edge if women continue to be a significant minority in corporate boardrooms, suggests a recent report released today by Catalyst, a leading non-profit research organization. In fact, the study suggests that the persistent under-representation of women on corporate boards and the extremely slow pace of change may have disturbing implications […]

By Romana King |June 9, 2008

3 min read

Point of sale rules too simplistic: Expert

Announced last year, one of the lynchpins of NI 81-406’s 216-page proposal is the implementation of a fund-facts document that must be shown to a client before the sale of not only mutual funds, but segregated funds as well. The two-page fund-facts document is written at a grade five level and is supposed to include […]

By Mark Noble |June 9, 2008

3 min read