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As recessionary darkness passes, dividends rise and shine
Hear that? That's the sound of no major dividend cuts this earnings season.It's a welcome relief from past quarters when dividend stalwarts such as General Electric announced earnings were too weak to pass along the normal payout to shareholders.
Investor demand powering gold's bull run
swon@globeandmail.com WHAT ARE WE LOOKING FOR?Top stocks in mutual funds.This is our third look this week at what the pros are buying. You can get stock tips or gain insight into a fund by checking out the top securities. They are available at the end of the quarter or month on the firm's website. Today, we examine AGF Precious Metals at agf.com.
AGF aims to boost assets with institutional business
AGF Management Ltd. plans to aggressively pursue pension and other institutional business to boost assets and increase fee revenue, its chief executive officer Blake Goldring said yesterday.''We are focused on expanding sales in the institutional space,'' Mr. Goldring told analysts.
Uncertain outlook for star-studded Sprott Inc.
When Sprott Inc. went public last year, there was plenty of hoopla surrounding the firm with its star hedge fund managers - including Eric Sprott - and its ability to attract other top-performing peers.
Investors place their bets on long-term mutual funds
FUNDS REPORTERCanadian investors yanked about $1.6-billion from mutual funds in July, but it was all sitting in money-market investments paying minuscule returns.Still, the industry is upbeat because it has managed to attract an estimated $1.9-billion in long-term funds, according to preliminary figures released yesterday by the Investment Funds Institute of Canada (IFIC).
ABCs of the 'aristocrats' index
Because of the recession I want to focus my investments on solid, dividend-paying stocks. Can you tell me how the dividend ''aristocrats'' index works?The SandP/TSX Canadian Dividend Aristocrats index includes companies that have increased dividends each year for the past five years.
AGF reports 61% decrease in quarterly profits
May's sales show strength in long-term funds
FUNDS REPORTER Canadian investors were eager to ditch the money market for long-term mutual funds in May, but net sales were still off 63 per cent from a year ago.
Sprott manager retires
FUNDS REPORTER Star hedge fund manager Jean-Francois Tardif is leaving Sprott Asset Management Inc. in early July to retire at the ripe old age of 40.''Why not? Jim Rogers retired at 37,'' quipped Mr. Tardif, referring to the U.S. investment guru who co-founded the fabled Quantum hedge fund with George Soros.
Long-term funds start to catch investors' eyes
FUNDS REPORTER Canadians were returning to stock and bond investments as they stashed marginally more cash into mutual funds in April compared with a year ago.As global markets rebounded, the industry attracted about $507-million last month compared with $457-million in April a year ago, according to preliminary figures released yesterday by the Investment Funds Institute of Canada (IFIC).
