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Court declines to interfere with Manulife settlement

No reason to allow appeal to proceed, B.C. appeal court finds

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Research and Markets

Global financial sector’s credit outlook improves

Insurers' outlook more positive than negative for first time during pandemic

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From the Regulators

European regulators integrate ESG into KYC

ESMA proposes making sustainability part of suitability

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Research and Markets

Going digital could preserve U.S. dollar’s global status

Costs and benefits of central bank digital currency depend on design choices, Moody's says

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Research and Markets

Advisors should stick with their strategies amid volatility

With rate increases on the way, some experts recommend tilting toward value

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People

Executive moves this week

High-level management shifts occurred at several notable firms

  • By: Katie Keir
  • January 27, 2022 January 27, 2022
  • 14:49
Research and Markets

Top Canadian companies fall short on ESG reporting

The failure will impede long-term value creation, PwC says

  • By: IE Staff
  • January 27, 2022 January 27, 2022
  • 14:34
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From the Regulators

CSA seeks to cut frequency of fund filings

Regulators say renewing prospectuses every two years could save the industry millions annually

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Industry News

Fundata recognizes 57 companies at annual event

A total of 386 funds received the firm's FundGrade A+ award

  • By: IE Staff
  • January 27, 2022 January 27, 2022
  • 12:34
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Products

Mackenzie introduces interval private credit fund

The new fund doesn't have a lockup period, but there's a limit to quarterly redemptions

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Research and Markets

Consumer spending drove U.S. growth in 2021

GDP of 5.7% was the fastest pace since Ronald Reagan's presidency

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Products

Accelerate to launch NFT fund for accredited investors

The firm is targeting high-net-worth investors willing to take a risk on an asset with growth potential

Industry News

UBS buys California robo advisor in digital advice push

Wealthfront acquired for US$1.4 billion in cash

Bank of Canada keeps key interest rate target on hold but warns of looming hikes

The Bank of Canada warned Wednesday that rates will need to rise to bring inflation back to the central bank's 2% target

Canada’s tax system too complex for automatic filing, study suggests

C.D. Howe report recommends separating access to benefit programs from the filing of tax returns

Retail sales climbed 0.7 % in November: StatsCan

December GDP could be less than expected, a CIBC economist warns

TD Bank hiring 2,000 new tech workers

Artificial intelligence, machine learning and cybersecurity are driving the bank’s information technology hiring spree

Manulife Bank CEO Lunny retiring

Alex Lucas, head of individual insurance, takes over this March

  • By: IE Staff
  • January 25, 2022 January 25, 2022
  • 14:20

New CEO for Responsible Investment Association

Dustyn Lanz's replacement is Patricia Fletcher, vice-president of education for the Institute of Corporate Directors

  • By: IE Staff
  • January 18, 2022 January 18, 2022
  • 14:15

Assets in Canadian sustainable funds up $17 billion: Morningstar

Newly launched Canadian sustainable funds collected $3 billion in assets last year, a report said

  • By: IE Staff
  • January 25, 2022 January 25, 2022
  • 14:49

Fidelity adds to asset allocation suite

The firm launches fixed income fund, more all-in-one products

  • By: IE Staff
  • January 25, 2022 January 25, 2022
  • 13:03

RBC, Mackenzie launch new funds

Mackenzie funds invest in U.S. and Canadian companies, while RBC offers exposure to global equities

  • By: IE Staff
  • January 24, 2022 January 24, 2022
  • 15:41

SEC wants more from hedge funds, private equity

U.S. regulator proposes new reporting requirements to boost oversight, investor protection

Fed plans to raise rates as soon as March to cool inflation

The central bank also said it would phase out its monthly bond purchases in March

Bank regulators explore digital currencies, DeFi

BIS Innovation Hubs lay out project lineup for year ahead

Equity underwriting surged, debt slumped in 2021: Refinitiv

BMO leads equity league tables, RBC tops the debt charts. The tech sector accounted for 19% of Canadian IPO activity

Markets jittery but not bearish yet: NBF

The yield curve signals that the overall trend should be up, despite volatility

Many U.S. workers are gone for good: Fitch

Less than half of the 2.9 million "missing" workers are expected to return

Want Investment Executive delivered to your home?

Address change would be temporary until quarantine efforts are lifted

  • By: IE Staff
  • April 1, 2020 May 13, 2020
  • 10:21

Keep calm and listen to your clients

We haven’t been through anything like this, but we’ve been through similar crises and recovered

SEC warns of new digital offerings

So-called IEOs may be rife with the same misconduct associated with ICOs