Funds shuttered at Invesco Canada, Purpose Investments
Five products are closing
- By: IE Staff
- May 22, 2020 May 22, 2020
- 15:39
Five products are closing
There could still be challenges related to uneven demand
Investors are venturing into commodity funds amid volatile markets, regulators report
Equity funds led mutual fund gains, while ETF sales slowed compared with March
A 15.6% drop is forecast for April, said Statistics Canada
The TSX closed down 112.78 points on Thursday
Dealer firm consents to suspension by industry SRO
Rating agency sees long-run implications from crisis
The regulator has banned a rep who forged a passing grade after thrice failing a proficiency course
CSA suggests investors turn to industry for assistance
The pandemic has dealt a blow to the travel, retail and oil industries
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record