DundeeWealth sells Quebec-based fund dealer and insurance operations to Industrial Alliance
410 advisors moving to Investia
- By: IE Staff
- November 3, 2008 November 3, 2008
- 14:50
410 advisors moving to Investia
“Express” deals are the result of companies making opportunistic acquisitions in light of the global credit turmoil
Total assets up 20% from a year ago
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Insurer reports growth in all lines of business, across all regions of the country
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Deal includes Forethought’s Canadian block of approximately 20,000 funeral funding insurance policies
Investment gains total US$856.8 million in Q3
Market slide cuts AUM
Premiums and deposits up 11% over last year
Insurer takes charges for asset impairment
Industry is suffering from a lack of leverage
Senior executives to take pay cut
IIROC working with Institutional brokerage to ensure orderly wind down
Class action suit alleges violations of employment standards
Revenue jumps 32% in third quarter
Value managers make a comeback
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