Data from Morningstar Direct shows that more than 2,000 U.S. mutual funds closed over the past 10 years
Mortgage interest costs up 14.5%
The bank hopes the recent merger of its private wealth firms will allow them to stand out in a crowded marketplace
ETF sales climbed while mutual fund redemptions were steady, IFIC reported
Figures for November indicated weaker spending on goods despite Black Friday sales
Japan had been a holdout among major industrialized nations in allowing yields to rise
Non-banks' share of global assets rose in 2021, led by investment funds
Bank sanctioned over misconduct in auto lending and banking
Mortgage growth slowed but household credit card use is surging
The role of private assets in portfolios has shifted, report says
A report found those over 80 were more positive about aging than younger retirees
Bahamian authorities arrested Bankman-Fried last Monday at the request of the U.S. government
Regulator set aside timing requirements and ordered award for anonymous tips
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
Alternative Credit Council research points to further growth, diversification in 2025
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
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