Canadian ETFs saw modest outflows in January
Investors withdrew from broad-based funds, while cash and crypto gained
- By: Mark Burgess
- February 6, 2023 February 6, 2023
- 13:46
Investors withdrew from broad-based funds, while cash and crypto gained
AdviceSuite to be incorporated into CGI Wealth360
Has the connection between a vigorous job market and high inflation broken down?
Growth forecast largely unchanged, inflation expectations edge up
Financial markets, housing market may face rate-driven headwinds
Few want to sell, fewer looking to buy, January sales down 44.6% year over year
Clients may not know they’re obligated to file, and there is no cap on penalties for late filing if taxes are owed
Policymakers hope to bring down inflation by reducing job openings
Decentralized finance protocols were the top target of crypto thefts
Rate increases are needed to match expanding responsibilities
Macro challenges, greenwashing concerns to keep new issue activity shy of record levels
Several changes occurred across asset management and wealth management
Disappointing U.S. retail sales raise bets for more rate cuts
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Economists had expected a 0.4% increase
Alleged $213-million loan guarantee remains subject of dispute
U.K. agency brings first proceeding alleging illegal promotional activity
Agency found firm failed to report suspicious transaction
Date not reasonable for industry implementation, tax practitioner says
$10M capital gains exemption for sellers set to expire at end of this year
Aging client base, different registered accounts are changing how advisors see RRSP season
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
Fees, ease of access are key considerations for investors when selecting an ETF
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report