Industry News

On The Shelf:

(April 8, 2008) Manulife Mutual Funds revealed Tuesday that one of its high-ranking employees has left the firm. Timothy Keefe, executive vice-president and chief equity officer for MFC Global Investment Management, was responsible for the Manulife Global Opportunities Class, Manulife Global Real Estate Fund and Manulife Global Natural Resources Fund. Several managers will share responsibility […]

By Staff |April 8, 2008

1 min read

America still weak, but no global recession: Vaillancourt

Despite a major slowdown in the American economy, we’re not seeing a global recession, says a senior Franklin Templeton executive. Paul Vaillancourt, senior vice-president and director of portfolio strategy for Fiduciary Trust Company of Canada, the high-net-worth division of Franklin Templeton Investments, says an economic decoupling from the U.S. has saved the rest of the […]

By Bryan Borzykowski |April 8, 2008

4 min read

Value investing is supposed to get ugly

One of the tenets of value investing is there will be times when it’s going to get ugly. Problem is, for a lot of established value firms, things have never looked uglier — leading some advisors to question the wisdom of the strategy. But fund analysts say there is merit to what value firms are […]

By Mark Noble |April 8, 2008

4 min read

To Clients: Managing debt

Dear [Client’s name]: Spring has finally arrived and warmer weather is just around the corner. At this time of year, many of us start to think about home renovations, garden projects and summer vacations. But while we often know what we want to accomplish, sometimes we are not sure where the money will come from. […]

By Staff |April 8, 2008

2 min read