Industry News

OSC to host investor town hall

(April 22, 2005) The Ontario Securities Commission is staging an investor town hall at the CBC Broadcasting Centre in downtown Toronto on May 31. The event will provide an opportunity for dialogue between consumers and regulators, including the OSC, the IDA, the MFDA and the Ombudsman for Banking Services and Investments, the commission said in […]

By Doug Watt |April 22, 2005

2 min read

AIC finds soulmate in Third Avenue

(April 21, 2005) When AIC decided to launch its new Global Focused Corporate Class fund, they picked a New York-based sub-advisor few Canadians would recognize. But clearly the house of Michael Lee-Chin was more concerned with investment style than name recognition. “Third Avenue’s bottom-up value style with concentrated portfolios and low portfolio turnover is very […]

By Steven Lamb |April 21, 2005

3 min read

Think carefully before referring, lawyer warns

(April 21, 2005) Referring clients to third-party products is routine for many advisors. But the controversy surrounding Portus has cast doubt on the practice. Advisors are right to be cautious, says a lawyer who focuses on financial advice. “If there is an advisory relationship, then any steps that the advisor takes within that relationship has […]

By Doug Watt |April 21, 2005

4 min read

Help wanted: Funds seeking skilled managers

(April 20, 2005) There’s an increase in the number of companies seeking help finding managers for their pension and investment funds. Going forward, Mercer Investment Consulting expects more funds in Canada to add to their international mandates and currency hedging strategies. Although U.S. equity manager searches were most popular in 2004, followed closely by global […]

By Kate McCaffery |April 20, 2005

3 min read