Investment fund sales rebound in July, IFIC reports
Mutual fund assets rose by $9.5 billion month over month
- By: James Langton
- August 23, 2019 October 31, 2019
- 12:52
Mutual fund assets rose by $9.5 billion month over month
Parents may lose a significant chunk of their take-home pay through taxes and reduced fiscal benefits.
Deal volume has now topped 800 for six straight quarters
Economists on average had expected a decline of 0.1%
S&P/TSX composite index closed down 55.77 points on Thursday
GlobalData predicts US$2.4 trillion will move firms
First-time competitor Michael Palumbos of Rochester, NY took top prize for the Americas
Several global industry trade groups voiced concerns about proposed rule changes
The guidance aims to help firms identify and engage appropriate consultants
CIBC reported net income of $1.4 billion for the quarter ended July 31
Equitable would be the first Canadian bank of its size to offer covered bonds
The change is intended to make the organization's rules easier to understand
Pet owners are showing more interest in making provisions for their furry friends
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Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
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QAFP exam has one more sitting before title protection transition ends
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