Asset management

AGF shuffles Harmony managers

AGF Investments has announced the addition of seven investment management teams to its Harmony program. AGF Investments North American Equity Team, C.S. McKee, and Eagle Boston Investment Management have been added to the Harmony U.S. Equity Pool, replacing Goldman Sachs Asset Management, Rainier Investment Management, and Turner Investment Partners. INTECH Investment Management and Systematic Financial […]

By Staff |July 6, 2011

1 min read

Industry

CSA publishes marketing guidance for PMs

The Canadian Securities Administrators (CSA) has published guidance for the preparation, review and use of marketing materials by portfolio managers. Staff Notice 31-325 is based on a compliance review of the marketing practices employed by 50 portfolio managers. Common deficiencies included exaggerated or unsubstantiated claims, improper use of benchmarks, and the preparation and use of […]

By Staff |July 5, 2011

2 min read

Industry

Risk in a wrapper

Earlier this year, the CFA Institute’s annual conference in Edinburgh, Scotland featured two speakers addressing two very different, but ultimately related types of risk. Unrewarding risks The most critical component of portfolio risk management is identifying and eliminating unrewarding risk, according to Guy Stern, investment director and head of multi-asset fund management at Standard Life […]

By Dean DiSpalatro |June 30, 2011

4 min read

Industry

Mitigating risk through SRI

Mary Jane McQuillen has been described as a rock star in the world of socially responsible investing. The New York City-based fund manager heads up the ESG (environmental, social and governance) division of Clearbridge Advisors, which was recently appointed to sub-advise the Meritas U.S. Equity Fund. McQuillen was in Victoria this week, speaking at the […]

By Doug Watt |June 24, 2011

3 min read

Volatility demands active management

In a world where volatility is the new normal, getting the right asset mix and sector-rotation can make the difference between capital gain and loss. “You have got to be an active manager,” said John Zechner, chair and CEO of J. Zechner Associates Inc., speaking at the CIFPs 9th Annual National Conference-2011, in Ottawa. “Markets […]

4 min read

SRI assets managed to weather storm

Socially responsible assets in Canada dropped roughly 8%, to $531 billion as of June 30, 2010, compared with $579 billion in 2008, according to the biennial SRI review, released today by the Social Investment Organization. However, SRI still represents about one-fifth of total Canadian assets under management, about the same level as 2008. “SRI has […]

By Doug Watt |May 5, 2011

4 min read

Tactico launches Tactex Asset Management

Tactico Inc. has announced the acquisition of Canadian portfolio management firm, Westmount Markets Inc., which will be rebranded as Tactex Asset Management. The new company will provide portfolio management services to both retail and institutional investors. Liam Cheung, managing director of Tactico, will assume the role of Tactex CEO. Tactico vice-president Brendan Magill will serve […]

By Staff |April 13, 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