Realizing, however, that more and more Canadians are now able to manage their own portfolios and don't want to pay high MERs for advice they don't require, RBC is now aggressively making a play for a
bigger share of the discount market (and perhaps hoping to regain some of those customers they lost last year)-- even if that means its advisers and dealers will earn
substantially less in trailing commissions.
According the The Guardian, news that German engineering giant Bosch is buying solar panel manufacturers Ersol, a company that has recently invested heavily in thin - film manufacture, for â «¬ 1.1 bn (US$ 1.7 bn) has sent stocks in other renewable energy companies soaring as investors expect further
big buyouts: «
Shares in leading German solar companies rose
substantially on expectations that other
big players, including oil groups, are on the prowl in a market that grew to â «¬ 6.6 bn last year and is forecast to top â «¬ 18bn by 2020.