Industry News

Costello upbeat heading into CIFPs conference

(June 10, 2004) There’s a certain comfort that comes from being part of a crowd. When trying to make your voice heard on the political or regulatory stage, the size of your organization can be an asset. The more members your group represents, the louder their voice. But while there may be strength in numbers, […]

By Steven Lamb |June 10, 2004

3 min read

Analyst makes case for market timing

(June 10, 2004) Buy and hold is something of an axiom in the mutual fund industry. Trouble is, this strategy hasn’t worked for the last four years and it isn’t likely to work for the next 11, according to Don Vialoux. Yes, Vialoux is, dare one say it, a market timer. He thinks you ought […]

By Donna Green |June 10, 2004

4 min read

IDA members report strong profit growth

(June 9, 2004) Improving conditions in the securities markets helped buoy profits among Canada’s investment firms in the first quarter of 2004, with earnings topping $1.2 billion, according to data released today by the IDA. Wealth management and the retail investment business helped propel earnings growth, as investors returned to the markets with renewed confidence. […]

By Steven Lamb |June 9, 2004

2 min read

Commissions, mutual funds still preferred choice of planners: Survey

(June 9, 2004) Despite the industry’s ongoing debate over fees, Canadian financial planners are still relying on traditional methods of compensation, such as product commissions according to a new survey. The Credo Consulting study also indicates that while Certified Financial Planners favour mutual funds over all other investment choices, alternative products are also growing in […]

By Doug Watt |June 9, 2004

2 min read