Trade Talk, Fall 2009
Table of Contents
In this issue...
A message from our CEO
This is a special edition of Trade Talk for me as it is the last edition that will include my message as president and chief executive officer of CIBC Mellon. As many of you are aware, Thomas S. Monahan has been appointed president and chief executive officer.
Circle time
Untangling the twisted ribbons of interest rate and exchange rate expectations for Canada can furrow the brow of even veteran investors. The timing of the Bank of Canada's rate hikes can clearly influence the path of Canada's currency.
Economic update
The "global emergency rescue" of the financial system and the economy was a major success, at least from a short-term cyclical perspective and potentially from a long-term perspective as well.
CIBC Mellon launches new recordkeeping suite of services
CIBC Mellon officially launched a new suite of unitholder recordkeeping and fund administration services that can help our investment fund clients increase their productivity and achieve new opportunities for growth.
A new look for CIBC Mellon
Our new "look and feel" demonstrates our strengths at effectively leveraging the broad capabilities of our parent companies and reinforces our focus on supporting the Canadian asset servicing industry.
Workout managers maximize the value of fixed income assets in transition
By partnering with a specialized fixed income manager, also known as a "workout manager," a plan sponsor's transition manager is able to maximize the value of all of the assets in a portfolio.
Workbench: Did you know?
Workbench can automatically generate customized reports that are tailored to your exact specifications. Once you save your customization, future runs of the report will reflect your changes.
Highlights of CICA Handbook's fair value hierarchy rules
New rules enhance disclosures by requiring financial institutions to assess the reliability and objectivity of the inputs they use to measure the fair value of their assets and liabilities.
This issue by:
Thomas C. MacMillan
Avery Shenfeld
Richard B. Hoey
Harvey Sliwowicz
Barbara Barrow
Karen Gemmett and John Egar
Bill Kehoe
Peter Maden
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