Rogers Associate Financial Partners sells subsidiary
Canada Debt Assistance Inc. sold to Canam Credit Corp.
- By: IE Staff
- May 3, 2007 May 3, 2007
- 11:37
Latest news in Industry News
Great-West Lifeco reports 15% net income increase in Q1
AUM increased by $3.9 billion in Canada during the quarter to $100.4 billion
- By: IE Staff
- May 3, 2007 May 3, 2007
- 11:13
Cunningham Lindsey Group Inc. Q1 revenue increases year-over-year
European, British divisions see revenue increase, Canadian and U.S. divisions see decline
- By: IE Staff
- May 3, 2007 May 3, 2007
- 10:20
Manulife Financial reports strong Q1 earnings
Total funds under management reach record of $426 billion
- By: IE Staff
- May 3, 2007 May 3, 2007
- 10:04
UBS moves hedge funds to investment bank division
The move comes amid a trading loss of 150 million Swiss francs attributed to U.S. mortgage securities industry
- By: James Langton
- May 3, 2007 May 3, 2007
- 09:57
UBS net profit attributable to shareholders falls in Q1
However, UBS says that its Q1 performance also shows the strength of the wealth management business
- By: James Langton
- May 3, 2007 May 3, 2007
- 09:52
Dealers to launch alternative trading system
New equities trading platform to increase competitiveness
- By: IE Staff
- May 3, 2007 May 3, 2007
- 08:15
Fund sales have best April since 1998, says IFIC
TD edges out RBC for sales lead
- By: James Langton
- May 3, 2007 May 3, 2007
- 07:35
CIBC Asset Management adds Hamon to its investment manager lineup
Hamon Investment Management will be the sub-advisor of the Talvest China Plus Fund and the Talvest Asian Fund
- By: IE Staff
- May 2, 2007 May 2, 2007
- 15:55
Kingsway’s net income drops in Q1
Gross and net premiums decrease year-over-year
- By: IE Staff
- May 2, 2007 May 2, 2007
- 15:22
Empire Life announces record AUA in 2006 yearend results
Total AUA increased 22%; shareholders’ net income rose 88%
- By: IE Staff
- May 2, 2007 May 2, 2007
- 15:08
NYSE has world’s lowest overall cost of trading
Elkins/McSherry report says costs on the exchange improved from Q4, when it was still ranked first
- By: James Langton
- May 2, 2007 May 2, 2007
- 14:57
InterncontinentalExchange reports record quarterly net income
However, Q1 represents the first quarter that NYBOT is included in ICE’s financial results
- By: James Langton
- May 2, 2007 May 2, 2007
- 11:07
National Bank of Canada and BNP Paribas join forces in hedge fund managed accounts
National Bank of Canada and BNP Paribas intend to make Innocap Investments Management Inc. the leading provider of managed accounts for investors worldwide
- By: IE Staff
- May 2, 2007 May 2, 2007
- 10:00
Industrial Alliance starts the year on a strong note
Firm sees 20% increase in net income and 14% increase in premiums and deposits in Q1
- By: IE Staff
- May 2, 2007 May 2, 2007
- 09:52
Brookfield Asset Management announces strong Q1 results
The firm is also undertaking several new shareholder initiatives
- By: IE Staff
- May 2, 2007 May 2, 2007
- 09:42
Majority of indices continue to outpace actively managed funds, says SPIVA scorecard
Less than half of Canadian equity funds outperformed the benchmark S&P/TSX composite index
- By: IE Staff
- May 2, 2007 May 2, 2007
- 09:26
Citigroup to purchase Bisys Group
Citigroup aims to become a major provider of hedge fund and mutual fund services with the acquisition
- By: James Langton
- May 2, 2007 May 2, 2007
- 09:17
Credit Suisse income grows 17% in Q1 from year earlier
Success during the quarter demonstrated the continued progress of the bank’s business model
- By: James Langton
- May 2, 2007 May 2, 2007
- 09:10
Canadian equity funds dominate in April, says Morningstar
Strong performance from income trusts
- By: IE Staff
- May 2, 2007 May 2, 2007
- 07:40
CI Financial reports sales and record asset levels for April
Purchase of Rockwater plays role in increase
- By: IE Staff
- May 1, 2007 May 1, 2007
- 15:48
Mavrix revenue, AUM climb in Q1
But EBITDA declines, leading to net loss for quarter
- By: IE Staff
- May 1, 2007 May 1, 2007
- 13:50
SEAMARK Asset Management Ltd. sees declines in Q1
Loss of Clarington revenue leads to drops across the board from Q1 2006
- By: IE Staff
- May 1, 2007 May 1, 2007
- 12:07
Fund companies announce initial members of their IRCs
Deadline for having new independent review committees in place is Tuesday
- By: IE Staff
- May 1, 2007 May 1, 2007
- 11:12
Sun Life Financial reports record operating EPS in Q1
Operating ROE of 13.5% up 30 basis points over previous year
- By: IE Staff
- May 1, 2007 May 1, 2007
- 09:13