Rising interest rates led to drops in net income for Great-West Lifeco and Sun Life
The acquisition adds to CI's ultra-high-net-worth business
The fund posted a negative return of 0.8% for the quarter ended June 30
The firm said it has raised US$37 billion this year despite a slowdown in the alternative sector
The firm's latest earnings showed client assets growing in its wealth management division
Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports
Home sales, earnings and a jobs report are coming this week
Wage gains may cut into profit margins, hitting stocks in the second half of the year
Profit Survey: 13 companies still increased their dividends in a tough quarter
The bank raised its quarterly dividend