U.S. fund manager pleads guilty
Authorities alleged that private fund duped investors
- By: James Langton
- May 1, 2025 May 1, 2025
- 09:39
Authorities alleged that private fund duped investors
Affected taxpayers include those with capital gains from mutual funds in non-registered accounts
European regulator issues principles and practices for crypto trading supervision
Central bank cites layers of uncertainty regarding U.S. tariffs
Plus, CPP Investments sells limited partnership interests in buyout funds and PEAK Capital Partners invests in Quebec fintech
A rush to buy cars and other goods fuelled a 0.7% rise in consumer spending in March
Canada faces a modest downturn and rising jobless rate
Manufacturing activity drops to a 16-month low, with export orders falling sharply
Agency estimates 1.5% annualized growth for Q1
U.S. companies pause growth plans as higher costs, uncertainty, raise recession risks
Weak spending and government cuts offset strong business investment
Better-than-expected Q1 growth overshadowed by renewed trade tensions
The May crude oil contract dropped US$1.30 to US$96.57 per barrel
Current challenge deals with levies imposed under the Trade Act of 1974
Cheap funding, central bank support, rosy AI forecasts, FOMO and more have kept market valuations elevated — that won’t last forever
Tribunal to consider settlement with Liquidnet over allegedly faulty controls
Social relationship with regulator's key witness in case leads to recusal
Venture companies begin opting for less frequent reporting
The Calgary-based asset manager negotiated with its lender to buy more time to repay its debt
Many trusts may need to amend 2024, 2025 tax returns
Bank will also be hiring and expanding in key areas of national importance
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
McIntyre to start a new role later this month
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Plus, new emerging market, target-date and tech funds, and a raft of fund changes
The lack of a structured follow-up when a client changes hands can leave the policyholder vulnerable
Gold prices, equity markets drove strong seg fund sales but couldn’t prevent net outflows in 2025