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Canadians deserve fiduciaries to manage their finances

The Globe and Mail Jason Pereira Published April 20, 2021 In court cases in which judges can find that an advisor provided ‘unsuitable’ advice or failed to act as a fiduciary, they will often opt for the former as it is easier to prove and more likely to stand up to appeal. designer491/iStockPhoto / Getty Images Ask the average Canadian investor if current regulations require financial advisors to act in the best interests of their clients. Their responses would likely be split between “yes” and “I sure hope so.” But the real answer to this question is, “No, but with few exceptions.”

Spac bubble fears lead Hong Kong, Singapore down cautious path

The Straits Times Spac bubble fears lead Hong Kong, Singapore down cautious path Pushed by the government, Hong Kong is said to target having its regime in place by the end of the year.PHOTO: REUTERS PublishedApr 7, 2021, 7:30 am SGT https://str.sg/JCzH They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

Hong Kong, Singapore cautious on SPAC bubble

HONG KONG: Hong Kong and Singapore are trying to get in on the boom in blank-cheque company listings, while safeguarding investors from what some say is a bubble about to burst. Authorities in the Asian financial hubs are mulling tighter frameworks than in the United States for listings of special purpose acquisition companies (SPAC). The US-led dealmaking boom has raised about US$100bil (RM413bil) so far this year even though it’s now showing signs of fizzling amid increased scrutiny by regulators. “They are a bit too late to the party so it’s good that they are cautious, ” said Justin Tang, head of Asian research at United First Partners in Singapore.

SPAC bubble trouble? Hong Kong, Singapore proceed cautiously

SPAC bubble trouble? Hong Kong, Singapore proceed cautiously
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