Industry News

Global diversification hits fixed-income

For most Canadians, particularly retirees, liabilities are in Canadian dollars, which lessens the appeal of pure-global bond funds. Capital International believes there is untapped demand for Canadian-anchored fixed income, which can provide an income stream in Canadian dollars, but also has the ability to diversify into the global fixed-income market to offset concentration risk. The […]

By Mark Noble |May 12, 2008

4 min read

Industrial Alliance buys National Financial

Industrial Alliance Insurance and Financial Services has struck a deal that will expand its presence in the wealth management business. The Quebec-based insurer will acquire 100% of the shares of National Financial Corporation, the corporate parent of AEGON Dealer Services Canada, Money Concepts (Canada) and National Financial Insurance Agency. Industrial Alliance already owns Investia Financial […]

By Steven Lamb |May 9, 2008

2 min read

On The Shelf:

(May 9, 2008) JovFunds Management, a subsidiary of Jovian Capital Corporation, has launched the Jov Fiera Tactical Allocation Portfolios. The prospectus-based portfolios of exchange-traded funds (ETFs) are sub-advised by Fiera Capital Inc. “Building on the success of the Horizons BetaPro ETFs, and the growing demand for exchange-traded funds, we have developed a series of tactical […]

By Staff |May 9, 2008

2 min read

Briefly:

(May 9, 2008) The Alberta Securities Commission (ASC) is urging Albertans to exercise caution before they make a decision about where to invest their refunds.. During the month after the tax filing deadline, many companies start to promote investment opportunities, encouraging investors to use income tax refunds to “start early this year.” The ASC urges […]

By Staff |May 9, 2008

4 min read