Power Corp. – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 07 Jun 2023 21:37:53 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Power Corp. – Investment Executive https://www.investmentexecutive.com 32 32 Moody’s calls Franklin, Great-West deal a win-win https://www.investmentexecutive.com/news/research-and-markets/moodys-calls-franklin-great-west-deal-a-win-win/ Wed, 07 Jun 2023 19:18:07 +0000 https://www.investmentexecutive.com/?p=466984 Rating agency says strategic partnership has attractive benefits for all players

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Wealthsimple launching private credit fund with Sagard https://www.investmentexecutive.com/news/products/wealthsimple-launching-private-credit-fund-with-sagard/ Wed, 22 Mar 2023 16:24:08 +0000 https://www.investmentexecutive.com/?p=462601 Only certain investors will have access to the fund, which comes with redemption limits and performance fees

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Power Corp. structure simplified on co-CEO retirements https://www.investmentexecutive.com/news/industry-news/power-corp-structure-simplified-on-co-ceo-retirements/ Fri, 13 Dec 2019 17:36:45 +0000 https://www.investmentexecutive.com/?p=392457 Ratings agency DBRS says the news is "favourable"

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Power Corp. shareholders reject say-on-pay proposal https://www.investmentexecutive.com/news/industry-news/power-corp-shareholders-reject-say-on-pay-proposal/ Tue, 14 May 2019 19:02:10 +0000 https://www.investmentexecutive.com/?p=381866 The vote was 23% in favour, 77% against a greater shareholder voice on executive compensation

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Power Financial reports record Q2 earnings on strong subsidiaries performance https://www.investmentexecutive.com/news/industry-news/power-financial-reports-record-q2-earnings-on-strong-subsidiaries-performance/ Fri, 03 Aug 2018 20:50:13 +0000 https://www.investmentexecutive.com/?p=354322 Strong performances from GWL, Putnam Investments and IGM Financial resulted in net earnings of $658 million in Q2

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Power Corp. targets U.S. expansion https://www.investmentexecutive.com/news/industry-news/power-corp-s-q1-profit-more-than-doubles-to-a-record-525-million/ Fri, 11 May 2018 15:01:28 +0000 https://www.investmentexecutive.com/?p=350198 The company’s Q1 profit more than doubled to a record $525 million

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Andre Desmarais back at Power Corp. https://www.investmentexecutive.com/news/people/andre-desmarais-back-at-power-corp/ Wed, 10 Jan 2018 15:00:00 +0000 https://avatar.investmentexecutive.com/uncategorized/andre-desmarais-back-at-power-corp/ The deputy chairman, president and co-chief executive, had taken a temporary medical leave last year

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Henri-Paul Rousseau retiring from Power Corp. https://www.investmentexecutive.com/news/people/henri-paul-rousseau-retiring-from-power-corp/ Fri, 15 Dec 2017 14:15:00 +0000 https://avatar.investmentexecutive.com/uncategorized/henri-paul-rousseau-retiring-from-power-corp/ Vice-chairman praised for his outstanding contribution to the company’s management team and its subsidiaries’ boards over the last nine years

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Mackenzie, Power Corp. finalize acquisitions of stake in China AMC https://www.investmentexecutive.com/news/industry-news/mackenzie-power-corp-finalize-acquisitions-of-stake-in-china-amc/ Thu, 31 Aug 2017 16:00:00 +0000 https://www.investmentexecutive.com/uncategorized/mackenzie-power-corp-finalize-acquisitions-of-stake-in-china-amc/ Both firms now each hold a 13.9% stake in the fund company, which had $232 billion in AUM and 40 million retail clients at the end of 2016

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Little scope for big, dramatic buys in Canada, says Power Corp. CEO https://www.investmentexecutive.com/news/industry-news/little-scope-for-big-dramatic-buys-in-canada-says-power-corp-ceo/ Fri, 12 May 2017 19:35:00 +0000 https://www.investmentexecutive.com/uncategorized/little-scope-for-big-dramatic-buys-in-canada-says-power-corp-ceo/ Quarterly dividend to rise 7%

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