Investments

AIMA to launch fund of hedge fund guidelines

(July 2008) Due to the growing popularity of fund of hedge fund products, the Alternative Investment Management Association said it will publish the world’s first global guide to sound practices for fund of hedge fund managers. Fund of hedge fund products are a rapidly growing segment of the alternative investment space. They are increasingly the […]

By Mark Noble |July 8, 2008

3 min read

Long-term mutual fund assets drop: Investor Economics Insight

There have been a lot of losers during the past year’s market turmoil, and long-term mutual fund assets have been no exception. A new Investor Economics Insight report reveals that, in May 2007, long-term funds brought in just over $3 billion in net flows, but in the same month this year only $537 million came […]

By Bryan Borzykowski |July 4, 2008

4 min read

Changing Canada’s pension plan system

Make available two types of portfolios — one more and one less aggressive. Target a 60% retirement income replacement rate with premiums set accordingly, and would allow automatic annuitization of up to one-half of each participant’s assets, bringing a level of certainty to pension income — less than defined benefit plans, but possibly more than […]

By Peter Drake |July 2, 2008

4 min read

Active managers underperform again

Beating the S&P/TSX Composite Index has been a challenge for active managers for years, so it’s no surprise that that most Canadian mutual funds underperformed yet again. According to the Standard & Poor’s Indices Versus Active Funds (SPIVA) report, only 8.2% of Canadian equity active managers outperformed the Composite Index. “Compared to previous reports, it’s […]

By Bryan Borzykowski |June 25, 2008

3 min read