Industry News

Mutual fund sales take April hit as investors ditch money market funds

Road to recovery?: Mutual fund performance turns positive Seeing red: March fund sales drop again after brief recovery in February Mutual funds falling out of favour, survey suggests Combatting uncertainty: Five essential tools to ease client anxiety now Bear necessities: Preserving your clients’ wealth in down markets So where is the money going? CIBC World […]

By Doug Watt |May 15, 2003

2 min read

Count on accountants when building your high-net-worth client base

(May 14, 2003) Want to develop your high-net-worth (HNW) client base fast? “A lot of people don’t have 30 years to build a relationship with [someone like] Ted Rogers,” says Kurt Rosentreter, so he recommends spending $10,000 a year on two accountants, an investment that will net you more wealthy clients “than you will ever […]

By Donna Green |May 14, 2003

3 min read

Life agents ponder exclusive association

(May 14, 2003) It’s still very much in the start-up stage, but a number of high-profile life insurance agents are discussing the creation of a new insurance-specific professional association, tentatively known as the Federation of Life Insurance Advisors (FLIA). The move comes amid charges that Advocis is not effectively representing the insurance side of the […]

By Doug Watt |May 14, 2003

3 min read

Put investments pros on corporate boards: AIMR

(May 14, 2003) Corporate boards of directors have few investment professionals, such as analysts or fund managers on them. Boosting their presence could make boards more investor-focused argues the Association for Investment Management and Research (AIMR), which awards the chartered financial analyst designation. In 2003, AIMR found only 11% of board directors at major companies […]

By Scot Blythe |May 14, 2003

2 min read