Industry News

Briefly:

(April 8, 2004) IPC Financial has announced the purchase of Winnipeg-based mutual fund dealer Prime Financial Securities. “We are delighted by Prime Financial’s decision to join IPC” says Steve Meehan, CEO of IPC. “This relationship strengthens our presence in the Manitoba market and reaffirms IPC’s focus on building and supporting independent financial advisors.” The agreement […]

By Staff |April 5, 2004

4 min read

What’s missing from your lineup?

(April 5, 2004) The best team in the league can tell you, the right players might not be enough to win the cup — sometimes it takes a pair of eyes off the ice to really see the whole picture. This month’s Advisor’s Edge cover story looks at the notion of hiring a coach to […]

By Steven Lamb |April 5, 2004

2 min read

Brown: Fund issues not systemic

(April 5, 2004) The Canadian mutual fund industry is struggling with some of the same problems as their U.S. counterparts, but the issues do not seem to be systemic, according to OSC chairman David Brown. Brown’s remarks were part of a breakfast meeting at the Toronto Board of Trade on Monday to kick off IFIC’s […]

By Steven Lamb |April 5, 2004

2 min read

Fund values drop, sales firm in March

(April 2, 2004) All good things must come to an end and the run of positive mutual funds returns is no exception. March was a poor month for investors, as 21 of 32 Morningstar Canada Fund Indices turned in negative results, according to preliminary data from the fund industry watcher. The poor performance didn’t turn […]

By Steven Lamb |April 2, 2004

2 min read