IGM Financial assets, wealth management revenues fell in Q1
Net flows decreased by 60% to $990 million from $2.5 billion a year earlier
- By: IE Staff
- May 4, 2023 May 4, 2023
- 12:20
Net flows decreased by 60% to $990 million from $2.5 billion a year earlier
A large drop in imports was led by reductions in pharmaceuticals
The agreement includes wage increases plus a pensionable one-time lump sum payment of $2,500
The quarter-point increase comes a day after the Federal Reserve's identical move
Rules aim to enhance systemic risk oversight and investor protection
The cancellation of the transaction comes amid upheaval in the U.S. banking sector
Investors to get more detailed disclosure of issuers' repurchase activity
Investors argue it would be unfair for them to subsidize other victims
The Fed describes the banking system as 'sound and resilient' but notes the impact of a pullback in bank lending remains uncertain
April's average price tumbled 7.8% from a year ago, but was still roughly 4% higher than the March average.
U.K. regulator curbs investor protections to attract issuers, placate bankers
Deal activity settling at lower level, post-pandemic, Crosbie & Co. reports
Cash alternatives and Canadian government bonds benefited from market uncertainty
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
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
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
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