Life is a twisty road, each curve full of surprises. Some of the turns bring a feeling of delight; others — well, they just make you wonder.In the “delightful” category, our eldest daughter Kate, 26, has decided that some day she wants to manage a mutual fund. Perhaps influenced by the AIM Funds Management Inc. […]
As silly as it was to be ashamed of a weak loonie, it’s just as absurd to take pride in the Canadian dollar’s recent strength. Attaching outsized significance to the currency invites bad monetary policy. A surprising number of otherwise intelligent people seem to have a great emotional investment in the value of the loonie. […]
Banks exchange membership interest in Visa Canada Association for shares of Visa Inc.
Connor, Clark & Lunn Capital Markets Inc. has promoted Victoria Jonas, vp of sales Quebec, to partner.Jonas joined the firm in December 2005, and has made a significant contribution to the business in the Quebec market, the firm says.“Her extensive experience, dedication and deep relationships with advisors in Quebec has enabled her to raise the […]
Participants can index their original coverage amount by 3% annually
Claymore Investments, Inc. today announced a revised exchange ratio used to determine the number of advisor class units of Claymore Canadian Fundamental Index ETF (CRQ) received by unitholders of Claymore Canadian Fundamental 100 Monthly Income Fund (RFI).Upon the merger of the funds, the exchange ratio was 0.8467 based on the relative net asset value of […]
Portfolios invest in U.S. and international equities
Advisors no longer need to rekey back office information into financial planning software
Tyler named president; Joseph to serve as president-elect
Loonie, oil prices move higher