Investments

AlphaPro offers enhanced income equity ETF

AlphaPro Management has announced the launch of a new exchange traded fund that employs a covered-call strategy on a portfolio of 30 of Canada’s largest stocks. The Horizons AlphaPro Enhanced Income Equity ETF began trading today on the TSX. The ETF manager, Eden Rahim, vice-president and portfolio manager with JovInvestment Management, will write primarily near-term, […]

By Staff |March 17, 2011

1 min read

Asset managers bullish on industry: PwC

Investors are finally getting the message that they need to save more for their retirement, making an aging population less of a drag and more of a growth driver for the asset management industry, according to a survey of CEOs in the business. The PwC survey found that 68% of CEOs at asset management firms […]

By Staff |March 17, 2011

3 min read

Foreign buyers flock to Canadian debt

If there was any question of Canada’s growing reputation as a safe haven, the latest data from StatsCan back it up. Foreign investors bought $13.3 billion worth of Canadian securities in January. Bonds were the order of the month, attracting $10.1 billion in net new investment. Federal government bonds made up a little more than […]

By Staff |March 17, 2011

1 min read

Pension reforms must do better: OECD

Recent reforms will be inadequate to cover higher pension costs in the future, despite increases in retirement ages in half of Organisation for Economic Co-operation and Development OECD countries, says the OECD report Pensions at Glance 2011. The organization that works for the improvement of the economic and social well-being of people around the world […]

By Staff |March 17, 2011

2 min read