Industry News

Briefly:

(March 28, 2008) Gail Cook-Bennett is positioned to become the first female chair of Canada’s largest insurance company, according to Manulife Financial’s proxy circular released on Friday. The company’s current chair, Arthur Sawchuk, 72, has reached the mandatory retirement age. He has requested that, subject to his re-election at the 2008 Annual Meeting, he continue […]

By Staff |March 28, 2008

3 min read

Of donkeys and wise investors: Goodman speaks

What worked in the ’70s can work today — a disciplined investment approach that focuses on buying solid businesses at a great discount to their intrinsic value — according to Ned Goodman, founder and chairman of DundeeWealth. In an address to the Toronto CFA Society entitled My Perspective, Goodman told an audience of current and […]

By Mark Noble |March 28, 2008

4 min read

On The Shelf:

(March 27, 2008) Bullion Management Services has renamed the Millennium BullionFund, dropping the now anachronous title in favour of BMG BullionFund. “The name change makes it easier for investors to make the link between the fund and the organization behind it, Bullion Management Group Inc.,” says Nick Barisheff, president of Bullion Management Group. The fund’s […]

By Staff |March 27, 2008

2 min read

Briefly:

(March 27, 2008) Practice makes perfect — or so Canadians seem to think when it comes to spending. A survey released by Bank of Montreal found that 93% consider themselves to be “smart spenders,” and 26% went so far as to say they are “very disciplined.” Then again, 78% of survey respondents had debts beyond […]

By Staff |March 27, 2008

1 min read