Disgraced former mutual fund dealer Ian Thow was arrested Tuesday by members of Oregon’s fugitive task force as he left a condominium in Portland.Thow, former senior vice president of Berkshire Investment Group Inc. in Victoria, faces 25 counts of fraud. The charges cover about $10 million in phony investments that Thow allegedly sold to clients […]
Drop reflects lower exports and weaker sales in Canada
GM, Chrysler ask for US$21.6 billion in aid
Ex-CFO fined US$500,000
HSBC Global Asset Management (Canada) Ltd. has appointed J.P. Morgan Asset Management (Canada) Inc. as sub-advisor to the HSBC U.S. High Yield Bond Pooled Fund, effective Jan. 30.J.P. Morgan Asset Management is one of the largest active asset managers in the world and one of the largest mutual fund companies in the United States, providing […]
Advisors sold investment by promising “improbable and unsubstantiated high interest rates”, regulator alleges
Fund closed to new purchases
Aim is to make UK division be the gateway to Europe for online brokerage services
Number of deals drops by 10%
Los Angeles office better serves clients in Canada, U.S. and Asia