Can mutual fund sales keep growing?
The industry had a healthy RRSP season, but billions of dollars are still looking for a home
- By: James Langton
- May 2, 2006 May 2, 2006
- 09:50
The industry had a healthy RRSP season, but billions of dollars are still looking for a home
There are a number of new faces — and a key departure — among the executive ranks of Dundee Wealth Management Inc. and its several…
More than a year after it halted trading, Crocus Investment Fund is still a major headache for Bill Watchorn.The president and CEO of ENSIS Growth…
Investors challenge financial services firms on consumption, investments
Quebec sets bar with new system; others lower corporate taxes
Study shows 40% of online Canadians don’t pay bills online because of privacy, security concerns
Two credit unions take on the war against fraud
BCSC has trouble collecting from scofflaws
The super-regional bank sees country-wide expansion if bank mergers are allowed. But for now, it’s not resting on its laurels
An aging population will create demand for various goods and services
Proposal would merge Crocus into GrowthWorks
But continued struggles at some mutual fund companies could see more consolidation in the industry
Nova Scotia court rules securities commission can investigate allegations in case arising from Portus
New mega-entity will provide cost efficiencies, better service and a new business challenge to the big banks
Quebec City-based brokerage wants to scoop up talent and market share in Western Canada
Firm acquires Standard Life’s Performa fund dealership in a step to expand outside Quebec
Almost one-quarter of net mutual fund sales in Canada last year were generated by RBCAM, and it is far from resting on its laurels
Regulators grapple with the murky — but critical — distinction between a referral and advice
Lack of exposure to the booming resources sector in a few big funds, among other reasons, has caused a crimp in overall AUM
Cold comfort for investors, who will recover little money from Norbourg, Mount Real or Norshield
Use of high-tech computer systems to hunt down ideal trades accounts for 15% of trades on the TSX
Technology solutions should be as “holistic” as the business’s wealth-management style
But will it give retail investors confidence in the markets?
Progress is slow, however, on some fronts
Mutual fund companies with extensive distribution networks and good fund performance dominated sales during the RRSP season just ended. For the four month period of…