If considering passive strategies, it is best to look at “enhanced passive strategies” designed to provide more than 100% of the upside of the market and less than 100% of the downside.

Adrian Meyer, Deputy Chairman of Cidel Bank & Trust, has become the president-elect of the recently formed Young Presidents Organization (“YPO”) Barbados chapter. YPO is a not for profit global network of almost 19000 young executives of the world’s leading companies in over 100 countries. Read More.

Cidel Bank & Trust Inc., the island’s largest privately owned international bank, has hired a highly experienced international banker and wealth manager to be the new president of Cidel Trust Company Ltd.

It is with great pleasure that we welcome Gordon Anderson to Cidel. Effective May 1st, Gordon will be the President of Cidel Trust Company (“CTC”).

This weekend in the Report On Business section of the Globe & Mail, the lead story was about how the $24 Million estate of Paul Penna, the Founder of gold mining company, Agnico-Eagle Mines, had been plundered by trustees.