When entering a marriage, it’s a bad sign if you start planning your exit before vows are ever exchanged. While many of life’s lessons extend to the world of investing, the exit strategy is a notable exception. Unlike in marriage, investors...
Last fall, GrowthWorks launched a very public campaign to win the takeover battle for the VenGrowth family of labour sponsored investment funds (LSIFs). VenGrowth’s preferred offer was from Covington II Fund but I thought that...
I was recently asked to comment on Labour Sponsored Investment Funds (LSIFs) by the Canadian Press. The words attributed to me in this article may give readers the wrong impression. The article says, in part: Hallett said these funds are most...
The battle over the handful of VenGrowth labour sponsored investment funds and the New Generation Biotech LSIF is getting interesting. (See our initial overview if you’re new to this story.) It’s tough to say which way the vote will...
The recently announced deal reached by Covington Fund II Inc. and all of VenGrowth’s retail labour sponsored investment funds (LSIFs) has sparked a bit of controversy and attracted another party into the mix. The Covington-VenGrowth deal,...
RRSP sales are shaping up to be rather sluggish. And with financial markets getting a bit jittery, it’s no surprise that the fund industry’s marketers have shifted into high gear. Here are two of the marketing initiatives that...