Industry News

Independent fund dealers’ group steps out of the shadows

The new executive director of the Federation of Independent Mutual Fund Dealers (FIMFD) wants to boost the trade association’s profile and membership base in 2006. Consultant Sandra Kegie was appointed to the job in July after spending eight years as a compliance officer at various fund dealerships. She is also the founding chair of the […]

By Doug Watt |January 10, 2006

3 min read

Briefly:

(January 13, 2006) RBC Financial Group has added two new deposit notes to the company’s product lineup. Designed for risk-adverse investors seeking an alternative to GICs and greater portfolio diversity, the RBC IA Leon Frazer Yield Deposit Notes, Series 3 and 4 invest in a portfolio of Canadian equities, income trusts and bonds. The equity […]

By Staff |January 9, 2006

12 min read

Mercer’s 2006 forecast strong, but not stellar

The combined wisdom of investment managers from 157 firms worldwide, suggests that global equity performance will be positive in 2006, but will almost certainly lag 2005 returns. In the 15th annual “fearless forecast” produced by Mercer Investment Consulting, money managers say they expect equity performance in 2006 will trail last year’s double digit returns for […]

By Kate McCaffery |January 9, 2006

3 min read

AIC wins top honours in client service

For the third year in a row, AIC Group of Funds has been recognized as providing the best customer service for English-speaking clients, earning the Dalbar Mutual Fund Service Award. “Our congratulations go out to those at AIC responsible for ensuring that their clients are being well-served,” said Mark McDonald, manager of client relations at […]

By Steven Lamb |January 9, 2006

2 min read