Study notes immigrants are more likely to enjoy upward mobility
The purchase lifts the firm’s liability-driven investment AUM to more than $25 billion
Households headed by older earners had average wealth of $1.2 million in 2018
Further details are expected later this year
The funds provide diversification and lower correlation to the markets, the firm says
Unitholders to vote on proposal to transition Sun Life Infrastructure Fund
The company is assuming core portfolio advisor duties for three fixed-income pools
Bank cites growth in lending and deposit balances and improved margins from higher interest rates
If approved, the merger will take place on or about March 27
Firm says new structure will give clients access to deep liquidity, multiple trading protocols