Industry News

Tailor RRSP investment to risk reassessment

You have a client, you have a plan, and you have his or her RRSP contribution — that’s the easy part this year. The hard part is what to do with that money in a volatile market so you still have that client next year. If there is any consensus right now, it’s that the […]

By Mark Noble |January 30, 2008

6 min read

Active managers turn in dismal results

Active managers are likely feeling a bit down today, and it has nothing to do with the weather. Russell Investments Canada revealed on Wednesday that only 41% of active managers beat the S&P/TSX Composite Index in Q4, their worst performance in more than two years. Kathleen Wylie, senior research analyst at Russell, says the poor […]

By Bryan Borzykowski |January 30, 2008

3 min read

By The Book:

(January 29, 2008) The former president of Norbourg Asset Management has been sentenced to 12 years less a day in prison for his role in the collapse of the company. Vincent Lacroix was found guilty of fraud for transferring $115 million of investor capital into accounts he or his family controlled. About 9,200 investors were […]

By Staff |January 29, 2008

1 min read

On The Shelf:

(January 29, 2008) It’s a good day to be a Goodman. Morningstar Canada has announced that Goodman Institutional Investments, a division of Dundee Wealth Management, has the largest collection of five-star-rated pooled funds. Out of 13 pooled funds offered by Goodman, eight had the top rating, with seven of those being the institutional versions of […]

By Staff |January 29, 2008

4 min read