Thanks to their role in the likely buyout of telecom giant BCE Inc., Canadian pension funds can join hedge funds, private equity players and foreign companies in the pantheon of supposed predators stalking corporate Canada’s defenceless lambs. But rather than fearing these sorts of buyouts, investors should be welcoming them.Big pension funds such as the […]
Operating ROE of 13.5% up 30 basis points over previous year
Claymore Investments, Inc. has selected RBC Dexia Investor Services to provide global custody, fund administration and securities lending services for its nine new exchange-traded funds, which recently launched under the Claymore ETF brand name. ”The launch of these new exchange-traded funds represents an important step in the evolution of Claymore’s long-term business strategy,” said Som […]
For Canadian-based Hubs, quarterly revenue increased 7%
The firm’s assets grew almost 36% from a year earlier
Five-year notes linke to basket of commodities
Small business a priority
With the divestiture, AGF’s remaning operations represent its core business
Automobile claims, premium declines posed significant challenges for the insurance firm