Toronto-based MFS Investment Management Canada Ltd. has changed its Canadian MFS LifePlan funds to address the home-country investment bias that is affecting retirement savings of some investors, the firm says. Although traditional target-date funds base asset-allocation decisions on factors such as the plan participant’s age of retirement, life expectancy, savings and spending habits, the Canadian […]
BluMont Capital Corp, a subsidiary of Arrow Capital Management Inc. (both Toronto-based), has reached an agreement to sell the management agreements for three funds to Toronto-based Sprott Asset Management LP, pending unitholder and regulatory approval. Exemplar Global Infrastructure Fund, Exemplar Timber Fund and Exemplar Global Agriculture Fund will continue to be subadvised by Hartland, Wis.- […]
Toronto-based Sun Life Global Investments (Canada) Inc. has introduced Sun Life NWQ Flexible Income Fund, which is subadvised by Los Angeles-based NWQ Investment Management Co. LLC. This high-yield income fund provides unitholders with monthly fixed distributions from a mandate that seeks to achieve income and capital appreciation by investing primarily in a diversified portfolio of […]
RBC and Scotiabank have been successful in building teams of advisors who cater solely to global high net-worth clients
Musician and financial advisor Peter Partridge is spearheading the campaign to provide St. Catharines with a state-of-the-art performing arts venue
Gluten-free products are popping up in every supermarket’s aisles. Despite the premium price tags, people are flocking to gluten-free options (such as bread, pasta and cereal), equating them with a healthier diet. But that is not necessarily the case, says Kate Comeau, a registered dietitian with Dietitians of Canada in Montreal. Gluten is a type […]
As a global trend toward fee-based compensation models gathers steam, there is a strong case for Canadian advisors to make the shift
A decline in mineral exploration has had an impact on Canada's three territories, but strong growth is still expected
Toronto-based RBC Global Asset Management Inc. (RBCGAM) has launched four new exchange-traded funds (ETFs): RBC 1-5 Year Laddered Corporate Bond ETF, RBC Quant U.S. Dividend Leaders ETF, RBC Quant Canadian Dividend Leaders ETF and RBC Quant EAFE Dividend Leaders ETF. These ETFs provide clients with the opportunity to generate regular monthly income. The U.S. and […]
Toronto-based Dynamic Funds, a division of 1832 Asset Management LP, has made several changes regarding portfolio managers for its family of funds. Tom Dicker and Steven Hall have been appointed portfolio co-managers of Dynamic Small Business Fund; they will work with current portfolio co-managers Oscar Belaiche and Jason Gibbs. Dicker also is portfolio co-manager of […]