Industry News

Briefly:

( June 20, 2003) Canada’s financial watchdogs have released their proposed disclosure requirements, with the catchy name “National Instrument 51-102 Continuous Disclosure Obligations.” Among guidelines for standard documents, like financial statements, the report proposes a new requirement for the reporting of material changes and significant business acquisitions. “We have also taken this opportunity to bring […]

By Staff |June 16, 2003

5 min read

Industry

Fund sales stumble again in May

(June 16, 2003) For the third consecutive month, mutual fund sales finished in the red in May as investors continued to bail out of money market and equity funds. Net redemptions reached $637 million last month, according to figures released today by IFIC. That’s an improvement from April, when redemptions topped $1.6 billion. Money market […]

By Doug Watt |June 16, 2003

3 min read

Industry

Advocis conference update: Leveraging: The good, the bad and the ugly

Association elects new national board for 2003-2004 “Bold and aggressive” plan unveiled to reposition regulatory model Insider tips on buying a book of business Panel discusses economics, investment, U.S. and good times ahead for Canada Speaker outlines tips to take client events from average to awesome BONUS TOOL: Your client communications guide for the last […]

By Deanne Gage |June 13, 2003

3 min read

Industry

CPP Investment Board eyes hedge fund strategies

(June 13, 2003) In another sign that distressed markets are pushing alternative investments into the mainstream, the manager of Canada’s public pension system is putting out a tender for hedge fund managers to add value to its portfolio of 2,000 stocks. The CPP Investment Board (CPPIB) manages a $17.5 billion portfolio that includes global stocks, […]

By Scot Blythe |June 13, 2003

1 min read