Invesco closes funds, makes management changes
CIO Rob Mikalachki is leaving the firm
- By: IE Staff
- October 16, 2020 October 16, 2020
- 12:00
CIO Rob Mikalachki is leaving the firm
The fund will initially start at $50 million
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The central bank will wind up liquidity programs and reduce repo operations
The fund manager is adding to its suite of asset-allocation funds
The change is meant to address "perennial" backlog issues
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The net worth of the top 20% averaged $3.5 million per household
Product options, focus on planning add to last year's sales momentum
The Calgary-based asset manager negotiated with its lender to buy more time to repay its debt
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
McIntyre to start a new role later this month
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Plus, new emerging market, target-date and tech funds, and a raft of fund changes
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Gold prices, equity markets drove strong seg fund sales but couldn’t prevent net outflows in 2025