Mutual funds

Hedge fund manager launches retail fund Fallback Image Decorative pattern

Market Insights

Hedge fund manager launches retail fund

Hedge fund manager Palos Management has announced it is entering the mass market retail investment space, creating a mutual fund. “We were being asked by investment advisors to create a mutual fund for retail investors that pays out quarterly distributions and is RRSP eligible, so that their clients could have access to our unique strategies,” […]

By Staff |April 5, 2011

1 min read

Standard Life proposes fund line-up changes Fallback Image Decorative pattern

Industry

Standard Life proposes fund line-up changes

Standard Life Mutual Funds has proposed changes to the investment objectives of five of its funds: Standard Life Global Monthly Income Fund, Standard Life Canadian Dividend Growth Fund, Standard Life Canadian Dividend Growth Class, Standard Life Dividend Income Fund and Standard Life Canadian Small Cap Fund. The goal of these changes is to provide more […]

By Staff |April 4, 2011

1 min read

Scotia names new Pinnacle American advisor Fallback Image Decorative pattern

Industry

Scotia names new Pinnacle American advisor

Scotia Asset Management has named Herndon Capital Management as portfolio advisor on the Pinnacle American Value Equity Fund, effective on or about April 29, 2011, replacing Metropolitan West Capital Management. Atlanta-based Herndon Capital is an institutional investment management firm specializing in large cap equity strategies.

By Staff |April 1, 2011

1 min read

Hahn appointed subadvisor to three Jov Funds Fallback Image Decorative pattern

Industry

Hahn appointed subadvisor to three Jov Funds

JovFinancial Solutions Inc. has announced Hahn Investment Stewards & Company will assume the sub-advisory role for three of its funds, effective April 1, 2011. “Hahn has one of the longest track records in the world managing ETF-only global portfolios,” said Grant Rush, president of JFSI. “With their demonstrated knowledge and experience, we expect our partnership […]

By Staff |March 30, 2011

1 min read