Wealthsimple raising $750 million in latest financing deal, valuation hits $5 billion
The new capital comes from leading venture funds and celebrities including Drake and Michael J. Fox
- By: The Canadian Press
- May 3, 2021 May 3, 2021
- 11:16
The new capital comes from leading venture funds and celebrities including Drake and Michael J. Fox
The changes follow Franklin Templeton's acquisition of Legg Mason last year
The fund offers exposure to six technology giants
One bond fund is being terminated and merged into an existing fund
The MAS committed $42 million to finance regtech and the shift to digital
Consumer spending rose 4.2% in March, at its fastest pace in nine months
The new FCA consultation aims to encourage SPACs with added investor protections
As the U.S. industry considers shorter settlement, the CCMA ponders it too
President Joe Biden wants to crack down on the loopholes, shelters and havens that allow multinationals to dodge taxes
Overall economic activity was about 2% below the levels seen pre-pandemic in February 2020
Slow vaccine rollouts and extended lockdowns have delayed the hoped-for recovery
The strength of Canadian commodities could continue to drive up the loonie
Creating shorter or less comprehensive engagements with clients may allow advisors to serve the underserved
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