Investors Group, Mackenzie see AUM increase in 10% range year-over-year
Net income, earnings grown by varying degrees
Termination of the ClaringtonFunds relationship hits Seamark hard in Q2, year-to-date
“Solid progress” made in building the business
Revenue also increases, but net losses continue
Increases stem from Dominion of Canada and Empire Life improved performances
Company to restate prior earnings
Although Canadian operations were up, the continuing strength of the Canadian dollar affected its bottom line
Claims in subsidiary’s Marine Energy unit stemming from last year’s hurricanes were the main culprits
Stock exchange moves ahead with mergers