The bank’s subsidiary, 1832 Asset Management, will become portfolio advisor to Scotia Global Balanced Fund, Scotia U.S. Dividend Fund and Scotia Global Dividend Fund
The portfolios offer tiered pricing and benefits for household accounts; are continually monitored and regularly rebalanced; and offer non-proprietary funds
The funds were developed for conservative clients and pre-retirees who seek relatively high returns but with lower risks
The firm has launched Manulife International Equity Private Trust, which presents a new non-North American equity option for investors in Manulife Private Investment Pools
David Arpin and Dina DeGeer will be taking on some or all of the management of the funds currently managed by Ashley Misquitta, who is…
The two new funds offer clients access to U.S. and global equity strategies without having to worry of how currency fluctuations will affect their returns
Investors will be placed in corresponding continuing funds
The three new series provide flexibility for Canadians who are invested in two specific funds and are looking to hedge their exposure to U.S. currency
Management fees will be reduced on PIMCO Canadian Short Term Bond Fund and PIMCO Canadian Total Return Bond Fund
Canadian large-cap equity managers did not capture gains in gold and energy stocks, as they were underweight in the sectors
New York-based BlackRock Inc.’s iShares gathered the largest net inflows, followed by Malvern, Penn.-based the Vanguard Group
New names for six Trimark fixed-income funds
As more companies enter the ETF market, there’s more of an emphasis to develop innovative products that cater to investors’ needs to deal with volatility…
Fixed administration fee model to replace operating expenses
Two floating rate funds affected by move
Firm modifies subadvisor and risk rating to income fund and bond fund
The firm is reducing fees on six funds and eliminating Series AN and Series FN of four funds
Assets under management edge down from May
The Choose Alberta GIC offers a guaranteed return of 1.65% and a one-time bonus connected to the provincial unemployment rate
The company will also take over portfolio management duties for NEI Ethical American Multi-Strategy Fund and NEI Ethical Global Dividend Fund
Horizons Global Risk Parity ETF is an actively managed ETF that strives to keep risk levels across asset classes similar to one another
Radlo remains with the firm as senior portfolio manager and principal of Cambridge while Brandon Snow will remain in the role of CIO
Invesco’s Jim Young shifts to more economically sensitive stocks
Horizons Global Currency Opportunities ETF gives access to a market that has traditionally been institutional only and untapped by retail clients investors