Actively managed equity funds lag indices in first quarter, says S&P
Small cap funds beat index
- By: IE Staff
- May 10, 2005 May 10, 2005
- 09:30
Small cap funds beat index
Acquires Montreal-based Orbit Mutual Funds Management
MERs, investment fees lowered for certain funds
Strong market performance boosts fund sales
More trouble for hedge fund industry
Domestic funds hurt by pullback in commodity prices: Morningstar
Probably between $400 million and $800 million, IFIC says
Blames patchwork of advisor regulation
Board moves to reduces operating expenses
Pinnacle Portfolios provide access to multi-manager, multi-style portfolios, company says
Will move to 50-50 split between Canada and U.S.
Also appoints chief risk & compliance officer
IFIC CEO lead organization for 11 years, saw industry assets increase by 300%
Later date due ot decline in media 5-year return
Challenges remain in U.S. businesses
New name is HSBC Investments (Canada) Ltd.
Unitholder meetings set for June 3
Cap applies to Advisor and F series units
Value manager Third Avenue named sub-advisor
Acuity to make loans available to advisors
Milestone Funds first to offer guaranteed maturity value
Cash and stock deal worth $306 million
Ascot Financial reps to join Rice team
Investors show preference for dividend, balance funds