New program underwritten by Echelon General
Bank will focus on high net worth clients
PriceMetrix announced today that GMP Private Client L.P. has signed a multi-year agreement to continue its use of the PriceMetrix ValueOne Program.“The commitment to renew our relationship with PriceMetrix was an easy one because the value is there,” says James Werry, CEO of GMP Private Client.“Our investment advisors have been using the PriceMetrix ValueOne Program […]
Canadians are overly focused on investing in stocks of commodity-producing companies and are missing out on diversification by not investing in underlying raw materials.Including “pure” commodities as a stand-alone asset class can enhance overall portfolio diversification, says Criterion Investments. That’s because commodity prices are historically uncorrelated to other asset classes, responding differently to economic and […]
Additional appointments strengthen manager team
Russell Retirement Essentials Portfolio launches
U.S. stock index futures pointed to a modestly higher open Wednesday, as traders awaited congressional testimony by U.S. Federal Reserve chairman Ben Bernanke.Bernanke will discuss the health of the economy, in which many private-sector economists believe a recession is underway and may be deepening.Meanwhile, a U.S. private sector employment report, an important precursor to government […]
Surging utility demand to boost natural gas prices
Sliding loonie cushions fall for Canadian investors
CI Financial Income Fund today reported net sales of $452 million in March 2008, and assets under management of $65.8 billion and total fee-earning assets of $99.6 billion as of the end of the month.