The Canadian Securities Administrators (CSA), together with IIROC and the MFDA, have released a notice and request for comment on a series of amendments to National Instrument 31-103 and Companion Policy 31-103CP as part of their ongoing Client Relationship Model (CRM) project. The proposed amendments would do the following: • Enhance the current disclosure of […]
Equity risk and concerns about the outlook for Europe and China received top billing from Geoff Stein, portfolio manager and co-lead manager of the Fidelity Canadian Asset Allocation Fund, during the fund company’s recent ‘Straight Talk on the Markets’ webcast. Stein explains that when he and co-lead manager Derek Young took over the fund in […]
One of the casualties of the market meltdown was the confidence portfolio managers and investors had in traditional asset allocation models. At this year’s Canada Cup of Investment in Toronto, Frank Nielsen, executive director and head of Equity and Applied Research (Americas) at MSCI, explained some emerging trends in portfolio construction. One strong trend is […]
A regulatory sea change is on the horizon, but don’t expect it to bring consistency coast to coast, Joseph Groia argued at Advisor Group’s annual Distributors’ Summit.
New global accounting standards could spell the end of the insurance business in Canada as we know it. That was the warning from Paul Brown, president and CEO of Worldsource Insurance Network, at Advisor Group’s annual Distributors’ Summit, held May 31 to June 2 at the Fallsview Casino and Resort in Niagara Falls, Ontario.
“I’m bullish on the Canadian stock market,” says Darren Lekkerkerker, manager of the Canadian equity sub-portfolio of the Fidelity Canadian Balanced Fund and co-manager of the Fidelity Global Natural Resources Fund.
The Canadian marketplace offers a range of opportunities for impressive returns, but there’s little consensus on where those opportunities lie.
Regulators are running full-tilt to protect the markets from intentionally abusive as well as unintentionally disruptive behaviour, Miranda Mizan, principal of the TABB Group said during a StreamBase webinar on new requirements for market surveillance. The flash crash of May 6, 2010, which saw the Dow Jones Industrial Average drop almost 600 points in about […]
Competition among firms catering to Canada’s financial elite will continue to be stiff
The Association of Canadian Compliance Professionals and the Investment Funds Institute of Canada held their 10th annual Compliance Forum in Toronto this week, with a number of hot-button issues taking centre stage. Joel Wiesenfeld, a partner at Torys LLP, pulled no punches in setting the tone for his talk on recent trends in compliance and […]