Industry News

Trez Capital CEO retires

Michael J.R. Nisker, Trez Capital Senior Mortgage Investment Corporation’s president and CEO, will be retiring effective November 11, 2016. Sandy Manson, who is currently the company’s CFO, will assume the role of president and CEO after Nisker’s departure. Read: Banks tighten mortgage rules for non-residents Greg Vorwaller will be appointed to the board to replace […]

By Staff |September 29, 2016

1 min read

First Trust launches U.S. sector rotation ETF

First Trust Canada has launched the country’s first U.S. sector rotation ETF, First Trust Dorsey Wright Dynamic U.S. Sector Rotation Index ETF (CAD-hedged; TSX: FSR). The ETF “provides a simplified way for Canadian investors to gain exposure to a sector rotation strategy, with the ability to allocate to cash equivalents,” says Karl Cheong, CFA, head […]

By Staff |September 29, 2016

1 min read

You won’t believe clients’ return expectations

They expect outsized returns from low-risk vehicles.

By Staff |September 29, 2016

2 min read

Would you use client leverage to grow your business faster?

Record-low interest rates are encouraging for investors thinking about borrowing cash to invest in the stock market. Advisors should oversee any of these so-called “smart debt” strategies, says Talbot Stevens, author of The Smart Debt Coach. Stevens tells Advisor.ca that he estimates the level of borrowing to invest is about 10% of what it was […]

By Staff |September 28, 2016

2 min read