Industry News

CPP equity debut a good thing for markets

Canadian Pension Plan Investment Board managers control one of the largest pools of investment capital in the country. Despite concerns, the board says CPP is a viable source of retirement income for Canadians for years to come. What is interesting, and perhaps not as well known, are the growth prospects for the fund, and the […]

By Kate McCaffery |January 12, 2005

3 min read

S&P to roll out new bond index

(January 11, 2005) Standard and Poor’s has announced the creation of the S&P/TSX Canadian Bond Index, which will be officially launched in the first quarter of 2005. Bond rating and indexing are essentially S&P’s raison d’être, so the marriage of the two seems to make sense. “Standard & Poor’s is renowned for its highly valued […]

By Steven Lamb |January 11, 2005

3 min read

AGF introduces low-load option

(January 11, 2005) AGF Funds has begun re-tooling its operations in an effort to reverse a lengthy spell of net redemptions. The first step, announced today, is a low-load purchase option on its mutual funds. The change means there will be no upfront sales charge and a shortened redemption fee schedule (three years) on the […]

By Doug Watt |January 11, 2005

3 min read

Assante latest fundco to cut fees

(January 10, 2005) Assante is cutting fees on its Optima and Artisan fund products, in the wake of a similar move by Fidelity, whose fee reductions take effect today. “The cost of participating in Assante Optima Strategy and Assante Artisan Portfolios will be reduced by approximately 0.35%,” said Assante senior vice-president Darin Thompson in a […]

By Doug Watt |January 10, 2005

2 min read