Consolidation: While some firms clean house, others see an opportunity
Service providers have had to step up their offerings to meet the growing demand from firms that want to leverage social media
The Canada Revenue Agency is in the third and final year of a review of non-profit organizations to "measure tax at risk" in the sector. But with few previous cases to provide guidance, some NPOs are finding that the process is confusing
Toronto-based Russell Investments Canada Ltd. has launched a new investment pool designed for Canadian investors who want to hold short-term, fixed-income securities that offer the potential for lower volatility and less interest rate risk than longer-duration fixed-income funds. Russell Short Term Income Pool and Class invests in domestic short-term corporate bonds, floating-rate notes, asset-backed securities, […]
Toronto-based Mackenzie Financial Corp. has appointed Andrew Massie as lead portfolio manager on Mackenzie Cundill Global Dividend Fund. In addition, Massie will shift from co-manager to lead manager of Mackenzie Cundill International Class and Mackenzie Cundill Global Balanced funds. Lawrence Chin, coteam lead and Cundill’s head of research, joins Massie as comanager for Mackenzie Cundill […]
Toronto-based Transamerica Life Canada has selected CI Investments Inc. of Toronto as the new subadvisor for its TOP Guaranteed Investment Portfolios (GIPs), which were previously managed by an in-house team. The GIPs are available within certain segregated fund contracts and for the imaxx TOP Managed Index Interest Options available within certain universal life contracts. As […]
Toronto-based Vanguard Investments Canada Inc. plans to broaden its family of low-cost exchange-traded funds (ETFs) to 11 with the addition of five new ETFs. The firm has filed a preliminary prospectus with Canadian securities regulators for four new equity ETFs and one new bond ETF. The new funds will include Vanguard FTSE Canadian High Dividend […]
Financial Horizons has announced its second major purchase of the year, fuelling further consolidation in the MGA world
IIAC partners with Advisor Impact
The financial services industry continues to be slow on the uptake