Cuts to be largely achieved through hiring freeze, Holland says
Firm has fared very well given market conditions, CEO says
New corporation would pay quarterly cash dividends at rate of 12¢ a share
Scotiabank’s purchase of Sun Life’s slice of CI Financial Income Fund gives insurer “firepower” to pursue growth
No certainty that any transaction will be completed
Principal protected notes linked to Signature Income & Growth Fund
Notes issued by Scotiabank
Retail AUM up 2.6%
CI Financial Income Fund today reported net sales of $170 million in April 2008, and assets under management of $68.1 billion and total fee-earning assets of $102.4 billion as of April 30.CI says the month was marked by solid asset growth, as retail assets under management grew by $2.3 billion or 3.6% to $65.1 billion. […]
CI Financial Income Fund today reported net sales of $452 million in March 2008, and assets under management of $65.8 billion and total fee-earning assets of $99.6 billion as of the end of the month.