Toronto-based First Asset Investment Management Inc. has completed the conversion of First Asset Pipes & Power Income Fund, formerly a closed-end fund, into an ETF.…
Toronto-based PowerShares Canada, a subsidiary of Atlanta-based Invesco Ltd., will terminate PowerShares S&P/TSX Composite High Beta Index ETF and PowerShares S&P 500 High Beta (CAD…
Toronto-based Monegy Inc. has assumed portfolio-management duties for the high-yield bonds held in BMO Canadian Diversified Monthly Income Fund. The investment strategies of this fund…
Winnipeg-based Investors Group Inc. has launched two new mutual funds: Investors U.S. Dividend Registered Fund and Allegro Income Balanced Portfolio Class. Investors U.S. Dividend Registered…
Potential interest rate hike this year may have only a muted impact
Performance of very large companies often lags the market
Toronto-based CIBC Asset Management Inc., manager of the Renaissance Investments family of mutual funds, has completed the merger of Renaissance Corporate Bond Fund with Renaissance…
Toronto-based Mackenzie Financial Corp. has introduced three new funds to its lineup: Mackenzie Unconstrained Fixed Income Fund, Mackenzie Monthly Income Conservative Portfolio and Mackenzie Monthly…
Toronto-based CI Investments Inc. has announced portfolio-management changes to two funds: CI Canadian Small/Mid Cap Fund and Red Sky Canadian Equity Corporate Class Fund. Toronto-based…
Toronto-based Manulife Asset Management Ltd. has hired Kathryn Langridge and Philip Ehrmann as senior managing directors and senior portfolio managers for the firm’s new global…
Fund portfolio managers expect rates to rise in mid-year
Study says advisors should follow the pension plan model
Toronto-based Franklin Templeton Investments Corp. has approved mergers for six of its corporate-class funds. The changes are in response to federal tax law changes as…
Toronto-based Fidelity Investments Canada ULC has launched Fidelity Event Driven Opportunities Fund and Fidelity Conservative Income Private Pool. Fidelity Event Driven Opportunities Fund aims to…
Toronto-based IA Clarington Investments Inc. is amending the investment objectives of eight of its corporate-class funds, subject to regulatory approval. The changes are in response…
Toronto-based Mackenzie Financial Corp. has appointed Todd Mattina as chief economist and strategist for the Mackenzie asset-allocation team. Mattina will support the firm’s asset-allocation solutions…
Studies show most retirees don't make big changes in spending
There may be suitability issues with these securities
Fund portfolio managers are generally positive on the economic fundamentals in North America
Toronto-based Horizons ETFs Management (Canada) Inc. and its affiliate, AlphaPro Management Inc., have changed the names of the Black Swan ETFs series, which seek to…
Toronto-based Bridgehouse Asset Managers, a division of San Diego-based Brandes Investment Partners LP, has announced changes to its investment funds lineup, including the addition of…
Toronto-based First Asset Investment Management Inc. has launched two new exchange-traded funds (ETFs) that track indices based upon the proprietary factor methodology from Chicago-based Morningstar…
Recent research shows a pattern of small-cap underperformance
Toronto-based Mackenzie Financial Corp. has appointed Ashley Misquitta as vice president, investment management. Misquitta will become lead portfolio manager of Mackenzie U.S. Growth Class Fund.…
Portfolio managers say valuations have dropped to attractive levels