Industry News

Briefly:

(October 28, 2005) It’s been a tough quarter for active fund managers. Large-cap managers trailed the S&P/TSX Composite Index, posting median returns of 11% compared to the index return of 11.6%, thanks largely to their underweight in the soaring energy sector. The third-quarter Russell Canadian Active Manager Report found that for the first time in […]

By Staff |October 24, 2005

13 min read

BMO takes a holistic approach to investing

No one has ever accused GICs of being exciting, but BMO Financial Group says they might be the perfect investment vehicle to sex up a conservative portfolio. Investors have included GICs as part of conservative portfolios for years, but BMO wanted to quantify the values of GICs to see if added any value. And according […]

By Mark Brown |October 24, 2005

2 min read

CFA Institute proposes changes to financial reporting standards

(October 24, 2005) The policy and advocacy arm of the CFA Institute is calling on public companies, investors and those involved in setting standards in capital markets to embrace a set of 12 recommendations to ensure financial statements are relevant, clear, accurate and complete. The CFA Centre for Financial Market Integrity today issued a research […]

By Kate McCaffery |October 24, 2005

3 min read

Comment letters support best execution obligation

Let the computers do it. That was the take of many securities market participants filing comment letters in response to the Canadian Securities Administrators’ discussion paper on market structure developments and trade-through obligations. By and large, they indicated the centralized limit order book does a good job of exposing prices and helps dealers fulfill their […]

By Philip Porado |October 21, 2005

2 min read