Sceptre Investment Counsel Ltd. has acquired Portfolio Risk Optimization Services (PROS), effective January 1. PROS uses its proprietary technology to deliver risk based, asset management…
CC&L’s Jang to manage new fund
Latin American funds hot in December: Morningstar Canada
2004 fund sales total $14.7 billion
100% principal protection
Regulatory approval granted
RBC shuffles fund management team
Fund category changes a priority for 2005
5-Year Protected funds to be merged into CIBC funds
Attorney general alleges firm failed to tell investor about “shelf space” payments
Drops Putnam from global equity fund
Two portfolios now able to invest all their assets in other funds
Portfolio assessment continues after LSIF shares halted
Investors pour $1 billion into long-term funds
Units trading on TSX
Fund manager co-operating with OSC review
Cuts range from 0.05% to 0.07%
Clients can negotiate fees with advisors
Agrees to pay US$20 million penalty
Picton Mahoney to manage growth portfolios of two funds
MFDA issues notice to dealers and reps
Products offer diversification by asset class, geography