Man Investments opens Calgary office
The office will act as a hub to Western Canada
- By: Megan Harman
- October 1, 2008 October 1, 2008
- 09:31
The office will act as a hub to Western Canada
The US$9 billion investment will bolster Morgan Stanley’s capital and liquidity positions
Advocis is aiming to ensure that members are compliant and can effectively continue to do business as the rules come into effect
The Canadian Foundation for the Advancement of Investor Rights aims to represent investors in securities regulation
“Action was necessary to maintain confidence in the banking industry”
The market is surging worldwide and assets are expected to double to US$1.4 trillion in less than two years
The Toronto-based insurer has $270 million of exposure to the now-failed bank
IAFP board finds rule to be far too narrow
JPM also announced that it intends to offer US$8 billion of its common stock to bolster its capital
Board changes give a stronger voice to public interest and provide CFPs more input
IFIC survey finds that clients rely more on their advisors during times when the going gets tough
Transaction gives Unity Life control of administration of its business
Businesses will have 31 days to comply with the new legislation, after which failures to comply could result in fines as steep as $15,000 per…
Canada is the first country to enter into an understanding with China’s SIPF to deal with brokerage insolvencies
Having less choices allows an advisor to make better decision for his or her clients
Unprecedented level of interconnection and interdependence between generations will giver rise to changing investment demands in the next few years
But revenue, EBITDA and AUM decline due to stock market volatility
The temporary reciprocal currency arrangements aim “to address elevated pressures in U.S. dollar short-term funding markets.”
But they also added that the changes to the point-of-sale disclosure are impractical for the mutual funds business
Hard asset funds, payout portfolios, enhanced balanced funds and hybrids are the products of choice for today’s clients
The new framework will allow firms to customize the requirements according to their business models
Organization aims to focus on changing two national instruments that apply to mutual funds in the coming year