Canadian AUM up 34.5%, net income down 50.5% for Canaccord
Global wealth management revenue dropped 12.5%
- By: IE Staff
- June 3, 2022 June 3, 2022
- 15:32
Global wealth management revenue dropped 12.5%
Across all segments of the industry, advisor and management shifts are taking place
Regulator aims to get educated on climate concerns for derivatives, commodity markets
Long-running decline needs policy attention, BMO says
Insolvency activity in the 12 months to April was up from last year
Strong growth, increased correlation and interconnection drives rising risk
Rising services prices drove core inflation up too
Firm's systems failed to spot clients who were eligible for cheaper fund series
Cryptoasset ETFs made a comeback despite turmoil in the sector
As inflation outpaces wages, consumption will be curbed, Scotiabank says
The Finance committee also proposed an amendment to DTC eligibility in the budget implementation bill
CEOs who make progress on sustainability see opportunity where others see cost, an IBM study suggested
The bank's law compliance seems at odds with its environmental commitments
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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