Industry News

Briefly:

(June 13, 2006) In an effort to demystify the hedge fund industry the Canadian chapter of the Alternative Investment Management Association (AIMA Canada) has launched a series of Hedge Fund Strategy Papers. “The Strategy Paper Series is intended as a user-friendly information source to promote investor understanding of the rapidly growing Canadian hedge fund industry […]

By Staff |June 13, 2006

3 min read

Canadian financial firms not exempt from security breaches

Financial institutions in Canada — all of them — admit they’ve experienced information security breaches in the past year, according to an international survey. Globally, two out of the three most common attacks in the financial industry were deployed to extort some form of monetary gain, which implies professional hackers and organized crime have set […]

By Kate McCaffery |June 13, 2006

4 min read

Briefly:

(June 12, 2006) Mackenzie Financial Corporation and BMO Financial Group have teamed up to launch the MSP ArMADA Protected Deposit Noted, Japan & International Growth Class, Series 1. The principal protected notes, issued by the Bank of Montreal, are available for sale until August 11 and will mature on or about August 17, 2012. The […]

By Staff |June 12, 2006

2 min read

Courts blur lines between regulatory silos: Geller

In an ever more litigious society, managing general agencies need to improve documentation and communications with advisors and clients to bolster their defence, says one of Canada’s top financial services litigators. “Fundamentally, good communications is good compliance,” said Harold Geller, speaking at the second annual Advisor Live MGA conference in Collingwood, Ontario. “That’s what the […]

By Steven Lamb |June 12, 2006

2 min read