Thousands of funds get ESG downgrades
MSCI changes methodology, resulting in one-time ratings shift
- By: James Langton
- March 31, 2023 March 31, 2023
- 15:24
Expectations for business performance remain well below pre-pandemic levels
Average weekly earnings rose 2.9%, StatsCan said
Big companies are under pressure from investors to detail environmental, social and governance factors
Systemic stress looks contained, but interest rate outlook has shifted, TD says
Both mutual fund and ETF sales bounced back after a slow start to the year, IFIC reports
The 5.2% reading in February marked the largest deceleration since April 2020
The OECD revised its global GDP projections upward, but warned of persisting risks
Strategists take a defensive portfolio stance
Fed's next move comes into question as uncertainty intensifies
Some companies may raise prices amid persistent cost and labour issues
Canadian bonds and equities down, offset by funds' offshore holdings, StatsCan reports
Fallout from China's pandemic policy sabotaged output
Recent portfolio changes addressed the challenges presented by high inflation, managers said
SVB was highly susceptible to depositors quickly withdrawing their money at the first sign of trouble
Jobless rates remain near record lows amid still-tight labour markets
The Fed may get some unintentional help in its inflation fight from the aftereffects of the SVB collapse
Disposable income increased 3% while household credit market debt edged up 0.8%