Raymond James identifies 17 companies poised to benefit
Bank of Nova Scotia today announced that Scotiabank Group has closed a deal to acquire controlling interests in BBVA Crecer AFP, a pension fund administrator in the Dominican Republic, and its related insurance company, BBVA Seguros. Terms of the transaction were not disclosed.“The addition of BBVA Crecer AFP and BBVA Seguros fits with our strategy […]
Deal gives IA an entry into the individual disability and health insurance market
Manufacturing productivity slumps 0.6%
Canadian manufacturing sales edge higher
Uncertainty remains following action to relieve credit crunch
Mavrix Fund Management Inc. today announced that it would backstop the Asset Backed Commercial Paper (ABCP) held in the funds it manages. Mavrix says its funds that hold ABCP have approximately $327 million in assets, of which just under $4 million is ABCP.The company’s money market funds hold less than 3% of ABCP. As well, […]
New funds include a fundamentally invested “130/30” fund
Saint-Laurent named chairman
U.S. trade gap bigger-than-expected