Industry News

Briefly:

(January 27, 2006) Mackenzie Investments has announced changes to the management of two of its funds, effective March 1, 2006. Jerry Javasky, head of Mackenzie’s Ivy Funds team, will become co-manager of Mackenzie Select Managers USA Capital Class. He will be joined by Alan Pasnik, vice president of investments and lead portfolio manager of Mackenzie […]

By Staff |January 23, 2006

17 min read

Trust inclusion has proven unpredictable

There’s no question that the inclusion of income trusts into the country’s most closely watched index has had an impact on the benchmark, but the transition has proven far from predictable. When Standard & Poor’s announced it would include trusts in the S&P/TSX Composite, retail investors who had been driving trust performance reckoned it was […]

By Steven Lamb |January 23, 2006

4 min read

Time running out for interest payments on spousal loans

With tax season upon us, clients who have loaned investment capital to a lower-income earning spouse should be reminded to collect the interest on that loan before January 30. Failure to do so means running afoul of the Income Tax Act’s Attribution Rules, which generally prohibit income splitting to spouses and common partners or minor […]

By Staff |January 20, 2006

2 min read

The tipping point: Making SRI mainstream

Integrating environmental, social and corporate governance considerations into investment decision making is no easy task and, although some appreciate this fact, large pension funds have drawn a fair share of criticism for failing to provide leadership in this area. A panel of pension managers and SRI experts convened by Mercer Investment Consulting and the University […]

By Kate McCaffery |January 20, 2006

3 min read