Industry News

Returns help, but fashion is key in fund sales

(July 27, 2005) It has become something of an axiom that investors continue to chase performance in the mutual fund world, but recent research indicates there is more driving sales than the latest performance ranking for a given fund. Despite repeated encouragement toward long-term investing, many investors still take a short-term view when making their […]

By Steven Lamb |July 27, 2005

3 min read

Canada, emerging markets pad pension returns

(July 26, 2005) Managers of institutional pooled funds found their best returns in emerging markets stock investments in the second quarter of the year, according to Morningstar Canada. The median fund in the nine-fund category returned 6% in the three months ending June 30, with the overall top performing fund — Fidelity Latin America MF […]

By Steven Lamb |July 26, 2005

3 min read

Advice for the ice

(July 26, 2005) Players in the National Hockey League did not gain much from the 310-day lockout, but it did wake them up to what life is like without hockey —and a steady paycheque. That might not be such a bad thing for the advice industry, as play is set to begin again, and several […]

By Mark Brown |July 26, 2005

4 min read

Briefly:

(July 29, 2005) Canadian pension funds maintained their growth momentum in the second quarter of 2005, thanks largely to a “surprise” rally in the bond market and stronger energy prices, according to a report from RBC Global Services’ BENCHMARK analytics division. “The recent buoyancy of the bond market defies conventional wisdom. Rising interest rates normally […]

By Staff |July 25, 2005

7 min read