'Dreadful' September sales halt fund industry's winning streak

Article Abstract:

The troubled sector's tentative recovery is reported to end after the investors yanked an estimated 350-million out of mutual funds in September and also it is reported that this result would end an 11 month winning streak that saw Canadians sink about $16-billion into mutual funds. Five of the 10 largest mutual funds in Canada posted negative or flat performance in September according to the Preliminary data from Globefund and the worst performer of the big 10 was the $4.6-billion AGF International Value Fund.

Management dynamics, Investment Offices, Mutual Fund Mgmt Companies, Portfolio Management, Management investment, open-end, Management, Mutual funds, Mutual fund industry, Company business management

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Shaw loss reduced in quarter

Article Abstract:

Calgary, Alb.-based Shaw Communications Inc. has reported a $19.8 million loss for the second quarter ended February 28, 2003. Shaw, which also reported slow growth for its satellite television services, reported revenue of $521.4 million for the quarter.

Shaw Communications Inc., Satellite communications services industry

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Teachers could give lessons on hedge funds

Article Abstract:

The due diligence on hedge funds, carried out by Ontario Teachers Pension Plan before taking investment decisions, is discussed. The research eventually paid off.

Science & research, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Research, Financial services industry, Hedge funds, Ontario Teachers' Pension Plan

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