Mutual fund redemptions slow in December: IFIC
Year over year, redemptions increased 30.5%
- By: IE Staff
- January 25, 2024 January 25, 2024
- 15:44
Year over year, redemptions increased 30.5%
The bank left its benchmark rate unchanged at a record-high 4%
Global issuance for 2024 is estimated at US$950 billion
Revisions aim to enhance corporate transparency to investors, policymakers
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
Ailing sector poses a headwind to earnings, threat to credit quality
Regular payouts to maintain 4% growth, while variable dividends drop
Move appears to be part of a concerted effort to stabilize the markets
The central bank is still open to more rate hikes if inflation doesn’t co-operate
Swiss financial regulator gets a new leader as it looks to boost scrutiny of the bank
Rents are still 12.9% higher than levels seen before the Covid pandemic
They rose 2.3% in 2025, while business insolvencies fell by 21.8%
Precious metals action calms, while Dow Jones tops 50K
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
Plus, GreenShield buys Kii Health's Canadian mental health services segment
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
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, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups