Consulting Firm: Policy Makers

Retail Revenues Dept: By 2015, the consulting firm expects retail alternatives to account for a quarter of retail revenues and a majority of revenue growth, according to Globe and Mail. The greying of Canada has far reaching implications for policy makers. As growing numbers of baby boomers reach retirement age, it will become crucial to find skilled labour to replace them. One way to maintain our living standards is to put more emphasis on immigration and fueling the move is the disillusionment with the investing industry s emphasis on relative returns how well a fund does compared to a benchmark. If the market as a whole goes down 10 per cent, a fund that loses 5 per cent has strong relative returns, but still loses money for investors. Investors now want absolute returns profit regardless of how the market performs. Alternative investments hold out the promise of achieving that. The case for more immigrants (www.immigrantscanada.com). As reported in the news.