Market Insights

Wrap funds are rebounding

During the past 10 years, fund wraps were embraced by distributors, advisors, and investors. This led financial services providers to make moves that capitalized on the growth opportunity. Three constituencies have emerged as drivers of growth in the fund wrap segment. Banks found their packaged solutions found fertile ground in the developing branch advice conduits. […]

By Staff |January 27, 2010

1 min read

P.M. market numbers: January 27, 2009

The Toronto stock market finished slightly lower after the U.S. Federal Reserve announced it was leaving its key interest rate unchanged at 0.25% – and said the economy is improving. The S&P/TSX composite index moved down 17.08 points to 11,344.11 while the Canadian dollar was off 0.2 of a cent to 93.92 cents US. Commodity […]

By Staff |January 27, 2010

2 min read

P.M. market numbers for January 26, 2010

The Toronto stock market closed little changed Tuesday as a better than expected reading of American consumer sentiment wasn’t enough to curb worries about the economic recovery. The S&P/TSX composite index inched up 6.68 points to 11,361.19, held back by falling energy and mining stocks. The tepid performance followed a slight, 11-point gain Monday which […]

By Staff |January 26, 2010

4 min read

A.M. market numbers for February 2, 2010

The Toronto stock market looked set to build on the strong gains of the previous session on Tuesday as commodity prices advanced amid rising hopes for the American economy. The Canadian dollar moved up 0.39 of a cent to 94.52 cents US. U.S. futures also pointed to a higher open with the Dow Jones industrial […]

By Staff |January 25, 2010

2 min read