Weakening global economy cast doubt on province’s deficit reduction plans
Ownership change reinforces Dexia as a “core” subsidiary of RBC
Rating outlook characterized as “developing”
Rating agency plans new review by end of Q1
France loses AAA rating
U.S. subsidiaries downgraded
Rating reflects superior political and economic profile and strong flexibility and performance profile, S&P says
New index benchmarks preferred share market across U.S. and Canada
Active funds fared better in other fund categories
Small-cap managers post better performance