The Covid-19 pandemic helped push the company into a first-quarter loss of US$157 million
Reports on sales and assets offer initial glimpse of industry impact
Net earning reached $5.3 million, rebounding from a net loss in the previous quarter
A reduction in expenses and an improvement in retail sales helped offset another quarter of net redemptions
Two senior managers are set to retire next year
The firm reported a net loss, attributable to an increase in operating expenses
The firm has also made enhancements to its managed asset program
Evolving investor expectations make ESG a strategic priority
Edward Bernard will serve as chair
Shrinking fees and rising compliance costs pose challenges for firms