Sun, Sep 25, 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. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco

  5. Opalesque Exclusive: Modern investor tools (2): A platform that does the job for you[more]

    Benedicte Gravrand, Opalesque Geneva: A new series on technology providers that assist asset allocators. There is disruption in the investor part of the world of hedge funds, coming from platforms that can replace traditionally-run search and analysis. Here is one of them. L