Hedge funds attract net inflows of US$20 billion in Q1
Macro strategy funds and event driven strategy funds recorded the largest net flows during the quarter
- By: James Langton
- May 16, 2017 December 19, 2017
- 14:45
Latest news in Industry News
Traditional financial services firms look to embrace fintech
Although these companies face growing pains in adapting new technologies it’s a challenge all traditional players face
- By: Beatrice Paez
- May 16, 2017 December 19, 2017
- 13:20
Invisor CoPilot focuses on helping advisors manage client relationships
The robo-advisor firm’s new offering allows advisors to refer clients to the digital wealth-management service or use the product on a white-label basis
- By: Fiona Collie
- May 16, 2017 December 19, 2017
- 12:00
Raymond James adds advisor team with $500 million in AUM
Kevin Webber and Daniel Brodlieb were drawn to Raymond James for its “unique culture that celebrates and nurtures independent advice”
- By: Beatrice Paez
- May 16, 2017 December 19, 2017
- 10:00
Bluesun to distribute iPipeline software for insurance firms, advisors
Demand for iPipeline’s electronic policy delivery tool for insurers, MGAs and insurance advisors is expected to be strong in Canada
- By: Megan Harman
- May 16, 2017 December 19, 2017
- 06:15
Home Capital says outflow of deposits has slowed
Available funds are sufficient, mortgage lender says
- By: Alexandra Posadzki
- May 15, 2017 December 19, 2017
- 15:45
Toronto facing challenges in growth as a global fintech centre
Although Canada’s largest city provides many of the conditions for innovation to take hold, it’s struggling to lure foreign capital to take start-ups to the…
- By: Beatrice Paez
- May 15, 2017 December 19, 2017
- 14:25
Canadian pension plans experience solid Q1
Strong global equities markets powered the gains while Canadian fixed-income assets rebounded in Q1, new RBC report finds
- By: James Langton
- May 15, 2017 December 19, 2017
- 10:20
Massive cyberextortion attack could have affected Canada
If the wrong person had clicked on an infected link, they could have spread the “WannaCry” ransomware to Canada
- By: Nicole Thompson
- May 15, 2017 December 19, 2017
- 05:45
FAIR Canada not in favour of regulators’ stance on best interest standard
As a result of the regulators’ move, the investor advocacy group is now against the proposed national regulator
- By: James Langton
- May 12, 2017 December 19, 2017
- 15:30
Little scope for big, dramatic buys in Canada, says Power Corp. CEO
Quarterly dividend to rise 7%
- By: Alexandra Posadzki
- May 12, 2017 December 19, 2017
- 14:35
PrivateBancorp shareholders approve takeover by CIBC
But both banks say they are confident that the deal will close in June
- By: James Langton
- May 12, 2017 December 19, 2017
- 12:20
Equities drive Q1 gains for Canadian DB pensions: Northern Trust
The median Canadian DB pension plan recorded a 3.0% gain in Q1, reversing a loss in Q4
- By: James Langton
- May 12, 2017 December 19, 2017
- 11:10
Home Capital says it’s in no rush to sell
The mortgage lender says it expects to have $125 million deposited in its high interest savings accounts by the end of Friday
- By: Alexandra Posadzki
- May 12, 2017 December 19, 2017
- 10:50
IIAC praises certain regulators for rejecting best interest standard
The association is calling on the ASC, AMF, BCSC and MSC to encourage the remaining provincial regulators to adopt a similar stance
- By: James Langton
- May 12, 2017 December 19, 2017
- 09:15
Wealthsimple secures more funding as it surpasses $1 billion in AUA
Power Financial is funding the robo-advisor with another $50 million, doubling its total investment in the growing company
- By: Beatrice Paez
- May 11, 2017 December 19, 2017
- 16:00
KPMG acquires Matchi
The online platform provides financial services institutions with access to fintech technologies and firms
- By: Beatrice Paez
- May 10, 2017 December 19, 2017
- 14:40
FPSC accepting nominations for awards
Nominations for the Fellow of FPSC distinction close on June 9, with the winner honoured at an even in November
- By: Beatrice Paez
- May 10, 2017 December 19, 2017
- 14:00
HNW women lack plans for wealth transfer
As HNW women become more involved in finances, they trail men in preparing to pass assets on to the next generation
- By: Beatrice Paez
- May 10, 2017 December 19, 2017
- 13:00
TMX Group increases dividend
Revenue growth coupled with a decline in operating expenses boost Q1 results
- By: James Langton
- May 10, 2017 December 19, 2017
- 09:45
Slideshow: How brokerages have fared during the past 10 years
Although the Report Card average has remained quite stable in the past decade, some firms have seen some dramatic changes in their ratings
- By: Fiona Collie
- May 10, 2017 November 9, 2019
- 09:00
Ontario court dismisses advisor’s wrongful dismissal lawsuit
A settlement the advisor signed with his former firm included a provision waiving the rights he had under the terms of his employment agreement
- By: James Langton
- May 9, 2017 February 15, 2018
- 10:35
Home Capital may sell some of its portfolio
The proposed sale is to designed to give the company the ability to continue serving as many customers as possible
- By: Alexandra Posadzki
- May 9, 2017 December 19, 2017
- 10:05
Home Capital suspends dividend
Company names new chairwoman, directors
- By: The Canadian Press
- May 8, 2017 December 19, 2017
- 15:40
Robo-advisor space ripe for consolidation: report
Start-ups that have brokered partnerships with incumbent financial advisor firms stand a much better chance at surviving past their infancy
- By: Beatrice Paez
- May 8, 2017 December 19, 2017
- 13:20