Working both sides of Street
Is it worthwhile for fund manufacturers to own distribution channels?
- By: James Langton
- October 3, 2006 October 3, 2006
- 09:33
Is it worthwhile for fund manufacturers to own distribution channels?
After buying up its competitor, it intends to double 2006 revenue
The fund industry has been getting blasted for having high fees, so some firms are absorbing costs to remain competitive
Average Canadian family paid almost 30% of earnings in taxes in 2005, vs 22.1% in 1961
Inability to win two very long and expensive cases have critics loudly questioning the commission’s abilities
With equity gains and real estate values soaring in recent years, household savings have dropped. But those drivers may subside
Court cases will determine the liability institutions face when advisors contravene the rules
Brief to Quebec government seeks open-border fund policy, changes to let investors leave laggard funds without penalty
About 9,200 clients sue for $130 million; Quebec regulator Autorité des marches financiers named as defendant
Many advisors have tended to ignore ETFs, but Claymore Investments plans to get their attention
New study says older Canadians don’t necessarily have to be healthy to feel satisfied with their lives
Scheduled five-year review of PIPEDA to consider third-party information, privacy when buying books
Clients who buy mutual funds based on recommendations of advisors may find themselves, on average, worse off than do-it-yourself investors, says a recent U.S. study.The…
Some fund companies’ sites provide better information faster than others
Brokers warned against giving advice
Founders have handed reins to new generation of managers, but approach to investing is unchanged
A new global report says so, but some in Canada’s fund industry are quick to question how the authors arrived at the figures
Met Life subsidiaries and pension plan business will add US$7.5 billion in assets
Winnipeg firm sees further expansion, with particular focus on Ontario, British Columbia and the Maritimes
New acquisitions, new hires, new funds and a new emphasis on private and institutional money management
Canadian credit un-ions welcome a proposal to reduce to two from 10 the number of credit unions required to form a co-operative credit association. Co-operative…
Reuters-owned Lipper Inc. expects to compete eventually with Morningstar
Expanded financial advisor services, short-term small loans at the heart of the strategy
New CEO examines the selection of a potential minority partner as he plans to move ahead of the pack
Admin staff cut and new executives hired following disappointing second-quarter results