Industry News

DALBAR honours fundcos for superior customer service

DALBAR Canada has announced the winners of its annual mutual fund service awards, with BMO Mutual Funds topping the list for the first time. Each year, DALBAR evaluates Canada’s 17 largest mutual fund companies by playing the role of average Canadian investors seeking information on mutual funds. In 2006, DALBAR made more than 2,000 phone […]

By Mark Noble |January 11, 2007

2 min read

Briefly:

(January 10, 2007) The Meritas Jantzi Social Index Fund has become the first mutual fund to invest in MicroVest Capital Management, a private U.S. firm that provides debt and equity capital and management oversight to microfinance institutions in emerging markets. The investment comes in the form of a $300,000 US note subscription, and both parties […]

By Staff |January 10, 2007

4 min read

Energy prices to weigh on equity returns, managers say

Investment managers across the country are predicting significantly lower equity returns in 2007, mainly due to falling energy prices. According to the Fearless Forecast, an annual survey conducted by Mercer Investment Consulting, investment managers at 51 institutional firms predict equity returns will come in between 7% and 9%; returns in 2006 were 17.3%. “There’s been […]

By Bryan Borzykowski |January 10, 2007

3 min read

Briefly:

(January 9, 2007) Canadian governments are too reliant on personal income and business taxes and need to rebalance the tax system to make it more efficient through additional use of consumption taxes such as the GST, according to a new study released by the Fraser Institute. The study, which compared Canada’s mix of taxes to […]

By Staff |January 9, 2007

3 min read