Industry News

Canadian-based funds strong in 2004

(January 6, 2005) It probably comes as no surprise, but it’s now official: Income trusts and natural resources were the hot sectors for mutual fund investors in 2004, according to data from Morningstar Canada. Overall, it was a pretty good year for Canadian mutual funds, with 30 of Morningstar’s 32 fund indices posting a positive […]

By Steven Lamb |January 6, 2005

3 min read

Thankless year ahead for money managers

Equities will outperform bonds in the year to come, but money managers have a bit of a thankless task ahead. Institutional money managers surveyed for Mercer Investment Consulting’s annual “Fearless Forecast” say they expect to see volatile Canadian equity markets and only moderate returns from both asset classes in 2005. Of the 48 investment managers […]

By Kate McCaffery |January 6, 2005

3 min read

Americans expect stable dollar

(January 5, 2005) The wild gyrations of the U.S. dollar, which became the hallmark of 2004, may be coming to an end, according to one U.S. economic think-tank. While profitability and investment outside the U.S. will likely diminish, U.S. prices and interest rates are expected to remain unaffected by the dollar’s international exchange rate. “Many […]

By Steven Lamb |January 5, 2005

3 min read

Sector shifts present challenges

(January 5, 2005) Experts predict a very different Canadian economy will emerge in 2005. While they remained upbeat, economists gathered this morning at the Economic Club of Toronto told members that making money for clients in the year to come will be a more difficult task. In short, growth in the economy needs to come […]

By Kate McCaffery |January 5, 2005

3 min read