Company & Industry News

TORONTO, MARCH 23, 2010 — Russell Investments is pleased to announce the appointment of David Feather as president and managing director of Russell Investments Canada Limited (Russell Canada). To see the whole article, click here.

The Independent Review: Issue O6 Spring 2010 now published! Click Here

More analysts are warming to Sprott Inc. by raising their price targets on its stock, (Click here to see the full story) but they are still reluctant to slap a buy; on shares of the money manager.

Matrix Asset Management Inc. (TSX:MTA) reports that previously announced business combination involving Mavrix,an IRI client, SEAMARK Asset Management Ltd. and GrowthWorks Ltd. closed Friday.

Summary: Canada's securities regulators have decided not to introduce specific regulations governing hedge funds. David Wilson, the new chairman of the Ontario Securities Commission, told reporters recently "We have a full group of rules that apply to all those sorts of vehicles.