Industry News

War or no war, investment message must remain consistent, advisors say

(March 20, 2003) As the U.S.-led attack on Iraq kicks into high gear, advisors are faced with nervous clients who are worried about any possible impact on their investments. Stick to the plan and look to history is the main message from several advisors contacted by Advisor.ca and Advisor’s Edge magazine. “I am talking to […]

By Doug Watt |March 20, 2003

3 min read

IFIC prepares fair value protocol as Iraq conflict nears

(March 19, 2003) The Investment Funds Institute of Canada is preparing to organize a conference call on fair value for securities in case of possible market disruptions related to the Iraq conflict. The fair value conference call was last used in the days following the September 11 terror attacks. IFIC began work on the fair […]

By Doug Watt |March 19, 2003

2 min read

Experts look to history for economic lessons as U.S. prepares for Iraq attack

(March 18, 2003) With a U.S.-led attack on Iraq now appearing inevitable, experts grappling with the possible economic impact are looking back to the last major conflict in the Middle East. But some analysts say comparisons to the 1991 Gulf War won’t tell the whole story. Unique risks exist today that were not present during […]

By Doug Watt |March 18, 2003

2 min read

February fund sales positive, but analysts urge caution

(March 17, 2003) For the first time in nearly a year, Canada’s mutual fund industry enjoyed a positive month in February, with net sales reaching $485 million, the Investment Funds Institute of Canada reported today. But analysts say the respite from weak sales could be short-lived. For January and February, the traditional peak RRSP months, […]

By Doug Watt |March 17, 2003

3 min read