Canada's love affair with hedge funds continues

News

Despite the fallout following the collapse of Canadian fund of hedge fund Portus and its 'principal protected' BancNote Trust product, there seems to be no shortage of hedge fund structured products being made available to Canadian investors, with several recent launches.

Problems at Toronto-based Portus surfaced in January, and local regulator the Ontario Securities Commission swiftly slapped a ban on the company taking on any further client assets. Since then, one of the group's co-founder

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