Here’s another sign that the financial crisis is behind us. Sceptre Investment Counsel Limited and Fiera Capital, Inc. have signed a definitive agreement to merge the two companies. The announcement may well be saying that resurgent Canadian companies have enough cash, credit and confidence to undertake such deals. The new company will be named Fiera […]
Self-restraint is needed to help Canadians beat the tricky debt trap that has ensnared well over half the nation’s population, according to Standard Life’s chief executive. “Canada’s youth are living beyond their means,” said Joseph Iannicelli, president and CEO, Standard Life, speaking at the Canadian Club of Toronto on Monday. “Sixty-percent of Canadians are in […]
Active management is not dead, judging by the results of the first three months of 2010. Three quarters of Canadian Large Cap active managers outperformed S&P/TSX, according to the Russell Active Manager Report, the highest level since the second quarter of 2004. “The last two quarters have really highlighted the benefits of active management,” says […]
Contrary to suggestions by naysayers, the global private equity industry weathered the great recession rather stoically, and is now poised to see a marked increase in activity going forward, says David M. Rubenstein, cofounder and managing director of The Carlyle Group, one of the world’s largest private equity firms. As the keynote speaker at the […]
Securities regulators in B.C. and Manitoba have raised the alarm about dipping into retirement savings for questionable investments that promise excellent returns and tax benefits. So-called “unlocking” investment schemes that sound too good to be true really are too good to be true. These investments typically promise debt reduction through new sources of income, immediate […]
The vast majority of Canadian investors don’t know a large portion of their retirement income can be generated from investment growth, according to a survey by Russell Investments and Harris/Decima Retirement Research. Most respondents (88%) were oblivious to the possibility that about 60% of their investment income could come from growth that occurs during retirement. […]