Outlook bullish for equity markets
Meritas Financial Inc. today announced that Davis Advisors has been selected to replace MMA Capital Management as the sub-advisor to the Meritas U.S. Equity Fund.“We look forward to the contribution that we feel Davis can make to the fund,” said Gary Hawton, CEO of Meritas, in a release. “Certainly their performance in the large capitalization […]
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Multi-Strategy Fund and the Global Trading Fund
Wellington Management’s Higgins joins portfolio team
For the second consecutive quarter, active Canadian equity investment managers faced a challenging environment, due in large part to their underweight in the soaring energy sector. The median large cap manager posted a return of 11.0% in the third quarter of 2005, according to the Russell Canadian Active Manager Report.This was behind the S&P/TSX composite […]