Fri, Jul 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

AIMA Canada reports dramatic growth and prime stability in Canadian banks

Friday, September 07, 2012

By Beverly Chandler, Opalesque London:

The latest edition of the AIMA Canada Handbook reveals that assets under management in the country have enjoyed a dramatic growth from $12bn five years ago to over $30bn today.

AIMA Canada now has over 80 corporate members, including 48 hedge fund and fund of hedge fund managers. Les Marton, Head of Capital Introduction & Hedge Fund Consulting Services at Scotiabank and Alfredo D’Onofrio, Director, Prime Services Scotiabank reviewed the Canadian banking system for the handbook, describing Canadian banks as 'prime examples of stability’ as all Canadian banks remained solvent through the financial crisis.

The Canadian Bankers Association identified, in a study, four key factors for the strength of the Canadian banking system and its ability to withstand the shock of the financial crisis.

  • The banking system is diversified with well-managed institutions: a. The major investment banks are anchored by solid deposit-taking institutions b. Diversification of regional risk c. Lending decisions are on a case-by-case basis, extending credit to borrowers that can repay their loans

  • Canada’s strong regulatory system: a. Canada has two only primary regulators: the Office of the Superintendent of Financial Institutions (OSFI) for regulation and the Financial Consumer Agency of Canada (FCAC) for consumer aff......................

    To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.