Sustainable fund flows lagged industry in Q1: Morningstar
Bond funds drove the positive net flow activity as assets hit record high
- By: James Langton
- May 3, 2024 May 3, 2024
- 12:08
Bond funds drove the positive net flow activity as assets hit record high
Firm allegedly recycled audit papers, routinely failed to meet standards
The resilient strength of the job market and overall economy has kept inflation above the Fed’s 2% target
Misrepresentation allegations against pharma company and CEO dismissed
Also, BDO releases AI for wealth management
The penalty is for five violations during a review between March 2022 and March 2023: Fintrac
GWL's AUM dips below $1 trillion after Putnam sale
Forecasters widely expect the Bank of Canada to lower its policy rate in June or July
U.S. employers added 303,000 jobs last month, an example of the U.S. economy’s resilience
Inventory in April reached levels not seen since pandemic
High costs were cited as a top concern among young investors
Board says inflation has remained stubbornly high in recent months
Calgary Real Estate Board says 2,881 units sold last month, with a benchmark price across all home types of $603,700
'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