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Russell Investments Canada Limited - Trends
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The Fund Watch blog will keep an eye on the movers and shakers in the Canadian investment fund industry. It will also look at industry trends, new products, manager changes and issues ranging from fees to fund performance. Tuesday, March 23, 2010 4:37 PM Shirley Won R ussell Investments Canada Ltd. has snapped up David Feather, a veteran executive at Mackenzie Financial Corp. , to lead its next stage of growth in this country. The 46-year-old executive, who has a history of being a product innovator at Mackenzie, takes over as president from Irshadd Ahmad who is nowing running the Russell Investment operations in Britain. ...
Equity markets took a hit after reports circulated that China’s economy is growing at a slower pace and U.S. consumer confidence has dipped. At the same time, investors are worried about 442 billion euros worth of repayments due to the European Central Bank on Thursday and a U.S. jobs report on Friday which may reveal that non-farm payrolls fell in June. In Canada, the Toronto Stock Exchange’s S&P/TSX composite index dropped 343.17 points (2.96%). It hit an intraday low of 11,244.03, a number investors haven’t seen since May 21. In the U.S., the Dow Jones Industrial Average dropped 268.22 ... Read More
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