09/21/2011

National Bank to buy HSBC Securities

The National Bank of Canada confirmed Tuesday it is buying the full-service investment advisory and retail brokerage business of HSBC Securities (Canada) for $206 million in cash.

09/19/2011

AdvisorShares Announces Partnership with Commerce Asset Management

AdvisorShares Investments has announced a partnership with Commerce Asset Management to develop an actively managed ETF which will utilize Markov Processes International's patented Dynamic Style Analysis technology in an attempt to outperform the maj

09/16/2011

Goldman Sachs Shuts Global Alpha Fund

Goldman Sachs will shut its Global Alpha fund after clients pulled money from the quantitative trading pool that was once the firm’s largest hedge fund.

09/12/2011

Scotiabank taps into China’s growth

Bank of Nova Scotia is taking a stake in China’s Bank of Guangzhou, a small but expanding commercial lender in a region where growth remains robust, especially by global standards.

09/12/2011

Morgan Stanley Releases The Definitive Gold Stocks Report

While this is a blunt tool, we do believe it provides a good illustration how the sector has historically discounted the spot gold price, but currently does not seem to believe that the current $1800/oz gold price will hold.

09/07/2011

Model-driven hedge funds among losers in SNB shock

Hedge funds, betting on global markets and driven by computer models, were among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's "safe-haven" status.