Novacap closes private fund focused on financial services
The fund, focused on mid-sized North American companies, raised $417 million
- By: IE Staff
- September 30, 2021 September 30, 2021
- 13:20
The fund, focused on mid-sized North American companies, raised $417 million
The fund will invest in fast-growing private companies
The highly contagious delta variant may be slowing the recovery in jobs
Increased consumer spending contributed to the change
A bigger than foreseen increase in consumer spending has lifted the U.K. above Italy
The new platform combines group benefits and the insurer's virtual care application
Criticism of monetary policy has grown in recent months along with price increases
Climate change and digitization are the two biggest risks, the Superintendent of Financial Institutions said
The CSA chair provided details Wednesday about the new SRO and why he's "all in" on CRM3
However, IFIC's annual survey reveals that a lower proportion of investors felt their advisor's advice was worth the fees
The activities are part of investor education month and world investor week
Ronald Schwarz succeeds David Smith as chairman
The S&P/TSX composite index fell 103.17 points to 31,896.59
State TV has reported the resignation of Mohammad Reza Farzin, the head of the central bank
Fund managers have mixed feelings about 2026 — they're optimistic about multiple sectors, but see continued risk on the global trade front
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
Sisu paid $6.5 million to gain a more prominent minority shareholder position
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
Optimism for tech and growth comes with market and macroeconomic concerns
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
Tech, climate change account for nearly half of thematic ETF assets
They are increasingly being used for fixed income, foreign equities exposure
Mutual fund, ETF AUM rose for the seventh consecutive month