Sceptre Investment Counsel Ltd. has acquired Portfolio Risk Optimization Services (PROS), effective January 1. PROS uses its proprietary technology to deliver risk based, asset management solutions to pension funds, life insurance and general insurance companies.PROS will be operated as a separate division of Sceptre with Greg Fenton, president and Jean-Francois Lemay, vp, continuing to manage […]
Firms ink 10-year fund distribution agreement
“Mega-deals” continue to drive growth
Allianz to retain industrial lines
Deal includes operations in Montreal
Bank continues international expansion
Combination effective December 30
Will merge El Salvador unit with Banco de Comercio
But year-to-date deal volume well ahead of 2003
Sale expected to generate $25 million after-tax gain