SPOTLIGHT: Einsteins of Fundland
It's Time for Fund Einsteins to Show their Worth
"With the stock market as flat as a plate of warm beer," writes Rob Carrick,
"all the genius equity fund managers out there have a unique chance to show
their stock-picking chops." Kim Shannon, Peter Cundill, Gerry Coleman and
James O'Shaughnessy have been singled out as some of the bright lights. Read
Carrick's full report.
Quarterly Statements: Fund Firms Need to Write More Clearly
If quarterly statements from fund companies leave your clients dazed and
confused, you aren't the only one. The Globe and Mail asked five experts who
closely follow the sector to review quarterly statements from 12 fund
companies chosen at random, and they found them lacking. Read this report from
Struggling AGF Trying to Reinvent Itself
The second business day of the month has been an all-too-regular reminder of
the troubles that ail AGF Management Ltd. That's the day the mutual fund
industry reveals monthly sales figures -- or in the case of the Toronto firm
for the past 27 months, net redemptions. Fund Reporter Keith Damsell explains.
THE BIG SIX: Profits, Expansion and
More Borrowers, Fewer Deadbeats are Boosting the Bottom Line
Customers at the Big Six banks have been borrowing more with fewer defaults.
It's a winning combination helped along by a buoyant economy, and it's
expected to keep bank profits rising into the future. Read Andrew Willis's
TD plans aggressive thrust into U.S. market
Toronto-Dominion Bank is expected to double the size of its newly acquired
U.S. branch network to $60-billion (U.S.) in assets in the next few years,
with analysts already listing the next takeover targets. Read Andrew Willis's
ETC: Black a Kleptocrat?
Panel Alleges Black Ran 'Corporate Kleptocracy'
Conrad Black and colleague David Radler systematically looted Hollinger
International over seven years, as a complacent and ineffective board of
directors rubber-stamped their illegal actions, according to the final report
of the company's special board committee looking into alleged wrongdoing at
the firm. Read Richard Blackwell's report.
Are Criminal, Civil Charges Next?
Abuse of Dual-class Share Structure at Root of Debacle
Great Leaders Inspire Us All
Read this true story that focuses on the clarity that inspired leaders have on
three important aspects of their lives: destiny, cause and calling. Read Lance
For a Day at Least, Indexes Mirror Two Countries' Fortunes
The second quarter marked a crossover between the Canadian and U.S. economies,
as growth in Canada moved ahead of that of the United States for the first
time since the first quarter of 2003. David Parkinson examines how two