Industry News

Templeton outlook: Tempered optimism

(July 23, 2004) While it is tempting to think the heady days of the late 1990s have returned, investors need to realize that 2003 was an extraordinary year for North American equity markets, according to a panel of fund managers assembled for Franklin Templeton’s annual Outlook and Opportunities Forum in Toronto this week. “My message […]

By Steven Lamb |July 23, 2004

4 min read

Central bank sticks with growth forecast

(July 22, 2004) The Canadian economy likely grew by about 3.25% in the first half of the year, the Bank of Canada said today in its latest monetary policy update. That’s slightly higher than the central bank projected in April, when it estimated growth of 2.75%. The bank credits stronger foreign and domestic demand for […]

By Doug Watt |July 22, 2004

2 min read

China still offers long-term opportunity, says Mobius

(July 22, 2004) Despite the recent slowdown in the Chinese economy, the country remains attractive as a long-term growth opportunity, according to Dr. Mark Mobius, speaking today at the annual Franklin Templeton Outlook & Opportunities Forum in Toronto. “China’s unprecedented growth has led to new investment opportunities, in both the young urbanized internal economy and […]

By Steven Lamb |July 22, 2004

3 min read

More value in Europe than Asia: Fund manager

(July 21, 2004) Investors seeking good value in today’s stock markets should cast an eye to Europe and the U.S., according to the manager of the AGF International Value Fund. “After a number of years of global disappointment, of global recession, we really are in a period right now when everything is starting to move […]

By Steven Lamb |July 21, 2004

4 min read