Industry News

IDA offers due diligence guidance on PPNs

Well, better late than never. The IDA has published a guidance document on the assessment of principal-protected notes, aimed at helping advisors understand the suitability of these investments for their clients. The IDA’s Due Diligence Guidelines on Principal-Protected Notes, a rather hefty document at 72 pages, offers an explanation of how PPNs are constructed, how […]

By Steven Lamb |May 7, 2007

4 min read

Briefly:

(May 4, 2007) The Canadian Securities Institute has announced the first graduating class of the new Ch.P. Strategic Wealth designation. The first 25 people to hold the designation were recognized at a reception at the CN Tower in Toronto on May 3. The designation is for advisors who offer integrated wealth services, spanning investments in […]

By Staff |May 4, 2007

3 min read

Buyouts to drive equities, run up debt: CIBC

While the Bank of Canada frets over the latest inflation figures, one of Bay Street’s most notorious bulls is convinced that the good times will continue to roll on the Canadian equity markets. CIBC World Markets’ chief strategist Jeff Rubin, already recommending an overweight equity position, boosted the stock allocation for the Strategy Canadian Portfolio […]

By Steven Lamb |May 4, 2007

2 min read

Early data shows strong April fund sales: IFIC

Mutual fund sales in April were the best the industry has seen for that month since the heyday of the dot-com boom in the late 1990’s, according to the Investment Funds Institute of Canada’s monthly fund sales estimates. IFIC estimates net new sales of mutual funds for April to be between $2.2 billion to $2.7 […]

By Mark Noble |May 3, 2007

2 min read