Active managers fail to sustain results: S&P report
Outperformance tends to be relatively short-lived, says latest persistence scorecard
- By: IE Staff
- May 30, 2024 May 30, 2024
- 13:10
Outperformance tends to be relatively short-lived, says latest persistence scorecard
Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before
Consumer spending also rose in the last quarter, but at a slower pace than previously thought
The results put RBC as the best banking performer of the quarter: analyst
The bank's Canadian commercial banking and wealth management business earned $456 million in Q2
Comments on the Canadian Sustainability Disclosure Standards are due June 10
Key reason for the delay in cuts is lingering effects of the pandemic
Total owed is up 3.4% year over year, representing slowest growth in 23 years
Raises quarterly dividend to $1.55 per share, up four cents
Montreal-based bank raises quarterly dividend to $1.10 per share, an increase of four cents
But consumer-friendly reforms are needed to sustain growth
Rating agency cites potential fallout from anti–money laundering deficiencies at the bank
Regulator follows CISRO, FSRA with tougher exam administration policy
U.S. stock markets edge lower from recent highs
Crypto fraud rising, as scams scale up and adopt AI tools: report
Bank of Canada likely to keep rates unchanged when it meets this month
Court appoints BDO to administer claims from investors
SRO failed to prove certain allegations, investor harm
Regulatory action deals with subset of $1.8 million misappropriation
Plus, new faces at Raymond James, Designed Wealth, Assuris and FSRA
CPP Investments, Northleaf have a two-decade long partnership
Investors’ compromised data may include SINs and investment account numbers and statements
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, other product/index launches, fund name and management changes
These fixed-income investments offer an escape from the duration-heavy domestic market without sacrificing security
Plus, product news from Harvest, AGF, CIBC, NEI, Manulife and RGP Investments