Merrill Lynch’s monthly Survey of Fund Managers found investors have taken their most negative stance towards equities in a decade, with 27% underweight the asset class in June.“Investors’ fears of stagflation have crystallized as they face up to the possibility that interest rates might have to rise as the global economy slows,” it notes. As […]
Evidence points to possible sell off in bonds as inflation worries mount
Less than 20% of large cap Canadian equity investment managers beat the benchmark in the first quarter of 2008, according to new data from Russell Investments Canada.That was down from 41% in the fourth quarter of 2007 and was the lowest level since 1999, when Russell began to closely monitor such data. As a result, […]
Aletheia Research, Metropolitan West join product line-up
AGF Funds Inc. announced that effective today portfolio manager Caterina Prato is joining industry veteran Bob Farquharson on the AGF Canadian Small Cap Fund and AGF Funds Inc.’s portion of Harmony Americas Small Cap Equity Pool.Prato is an experienced member of AGF’s North American equities team and already manages AGF Canada Class, AGF Canadian Stock […]
McIntyre named CIO
Principal Global Investors to manage dedicated emerging markets component
Manager change, mergers planned
Managers comparatively relaxed about inflation: survey
MD Private Trust Company announced today the appointment of MD Private Investment Management as co-advisor of the MDPIM International Equity Pool. MD Private Investment Management will receive investment sub-advisory services from Mondrian Investment Partners Ltd. of London, England.MD Private Trust Company and MD Private Investment Management are members of the MD Financial Group.