Mutual fund sales retreat in August, ETFs hold up
Fund assets continue to rise, despite mixed monthly sales performance
- By: James Langton
- September 20, 2024 September 20, 2024
- 15:01
Fund assets continue to rise, despite mixed monthly sales performance
The country dropped in Natixis IM’s annual ranking amid weak demand for domestic jobs
Also, wealth firm in Victoria, B.C., adopts d1g1t
Regulator seeks to facilitate growth of fair, liquid and transparent emissions trading
Most of the index's sectors reported higher earnings, S&P reports
Canadian regulators plan measures to track SEC's trading rule reforms
Central bank also wonders how AI could affect inflation
Also, a selection of the latest fund news
Groups urge feds to launch a formal review of the Income Tax Act
The period covered was largely marked by people anticipating and then delighting in rate cuts
Firm dumped overvalued illiquid securities on retail mutual funds, SEC alleges
Growth in credit card balances, HELOCs slowed as mortgages gained, StatCan says
Regulators propose new streamlined fund reports
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
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
Provincial regulator can halt trading when misinformation circulates
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