Market Insights

CIBC names two new Renaissance managers

CIBC Asset Management has announced portfolio manager changes for its Renaissance Canadian Core Value Fund and Renaissance European Fund. Wintergreen Advisers have been named sub-advisor on the foreign component of the Canadian Core Value mandate, effective September 1, 2011. Wintergreen is already sub-advisor for the Renaissance Global Markets Fund. On the European fund, CIBC Global […]

By Staff |August 16, 2011

1 min read

Manulife Mutual Funds narrows shelf

Manulife Mutual Funds has announced plans to merge certain funds, which would result in the termination of four trust funds and two corporate class mandates. The mergers will be effective on or about November 4, 2011. “We regularly examine our mutual fund lineup to ensure each fund is meeting its objectives. Following the most recent […]

By Staff |August 16, 2011

2 min read

Uncertainty persists, volatility returns

It’s very difficult to find one word that sums up the past week, so we shall just use the word “volatile”. We realize that the word alone understates the wild swings we’ve witnessed for exchanges globally, but we’re not sure if there is a word out there that captures what we’ve seen over the past five days.

By Gareth Watson |August 15, 2011

5 min read

Weaker U.S. will cast its shadow on Canada

It’s been a dramatic week with the U.S. credit downgrade and the anxiety in Europe providing the two main acts. And as the stock market rollercoaster prepares to take a weekend break, dizzy investors are looking for some clarity on what’s happening and some perspective on what’s in store for them next week and beyond. […]

By Vikram Barhat |August 12, 2011

4 min read