The successful (although delayed) IPO of Argent Energy Trust this August, which raised $212-million, marked what just may be the return of the much-missed income trust — albeit with a twist. 1,091 more words
Tags » Income Trusts
Four have tried, two have been successful and now, thanks to a recent filing, Argent Energy Trust hopes to make it three.
We are referring to a group of companies that emerged after the federal government closed the tax advantages for Canadian-based income trusts in October 2006. 262 more words
Four have tried, two have been successful and now one of the two is back for more.
We are talking about the new form of income trusts that emerged after Ottawa rewrote the tax rules in October 2006 and decided the highly popular security should start paying taxes in 2010. 501 more words
Franklin Templeton Investments Corp. has launched a Frontier markets fund to be managed by Emerging Markets ace Mark Mobius.
The Templeton Frontier Markets Fund will invest at least 80% of its assets in 61 early-stage economies like Bangladesh, Sri Lanka, Azerbaijan, Romania, Jordan, Tunisia, Kenya and Zambia. 812 more words
The Conservatives and Liberals are haggling over the government’s record after five years of Tory rule. Their versions of events stand in stark contrast to one another – like two eye-witness accounts of the same traffic accident. 539 more words