IGM reports earnings decline in Q1
Market drop related to Covid-19 affected firm's AUM
- By: Mark Burgess
- May 8, 2020 May 8, 2020
- 11:11
Market drop related to Covid-19 affected firm's AUM
20.5 million jobs vanished during the month
The bank’s corporate segment is also expected to take a hit
Enforcement also included penalties and costs totalling $72,500
Advisors should think twice before destroying records pertinent to an investigation
The OSC committee outlined past and present initiatives in its annual report
Amid the pandemic, earnings decrease but sales persevere
Assets return to fund companies during April rebound
The online merchant platform beat analyst expectations in Q1
CEO Roy Gori expects the pandemic will demonstrate the value of diversified wealth management
Comprehensive wealth management can result in value of 2.88%
A report predicts home prices will drop by 10–15% through 2022
Private Debt Partners plans to generate attractive yields by offering long-term loans to private companies
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups