Schroders names new chief for Canada
Michelle Skelly replaces Ross Servick
- By: James Langton
- August 12, 2019 October 11, 2019
- 10:43
Michelle Skelly replaces Ross Servick
S&P/TSX composite index was up 70 points over the week
The decline was unexpected
Advance notice of audit inspections was meant to help audit firm improve its performance
But starts still beat economists' expectations
Firm blames decline in equity underwriting transactions and the the sale of its capital markets business
Firm will continue to offer other series of funds
Proposals aim to improve the readability of disclosure documents
But wage growth reached its highest mark since 2009
S&P/TSX composite up for third straight day
Chilcott joined the firm in 2017 as head of investment distribution
Industry association also wants improved access to variable payment life annuities, among other recommendations
Motor vehicle sales dropped 38.9%, to their lowest level since 2021
Layoffs and number of Americans quitting their jobs both fell slightly
Core prices jumped 0.4% for the second straight month
New guidance broadens range of supports that discount brokers can provide
Court grants Wealthsimple's application for closing judgment
Test will use BoC-issued wholesale digital dollars
Plus, RBC buys mortgage fintech, Fiera funds solar energy firm and EQB-PC Financial merger gets key thumbs up
But the advantages digital banks have enjoyed on fees is shrinking, as Ottawa pulls policy levers
The reversal comes just over two weeks after Houston's government tabled its budget
Gallagher will oversee Richardson rebrand under iA Financial
Plus, appointments at Harbourfront, Richardson, Manulife Investments and more
Interim Parliamentary Budget Officer Jason Jacques not extended
Favourable demographics and a rising middle class are ingredients for long-term secular growth
Rising fundraising targets, increased product launches are driving the activity: report
Plus, a slew of other fund launches, changes announced