It's been a great year for advisors, as they are enjoying an all-time high in the average book of business while their firms continue to deliver in the categories that matter most
Toronto-based TD Asset Management Inc. (TDAM), which handles the portfolio management of TD Mutual Funds, has announced its plans to terminate the operations of two mutual funds on or about Oct. 3: TD Fixed Income Capital Yield Pool Class and TD Global High Yield Capital Class fund. The decision to terminate these funds was made […]
Toronto-based CIBC Asset Management Inc. (CAM) has expanded its investment team, with Scott Vali taking on the role of vice president, equities, and portfolio manager. Vali will be the lead portfolio manager for CIBC Precious Metals Fund, CIBC Canadian Resources Fund, CIBC Energy Fund and Renaissance Global Resource Fund. (CAM has assumed portfolio management responsibilities […]
Toronto based Manulife Investments has added three mutual funds to its global fund lineup: Manulife Global Dividend Fund, Manulife Global Dividend Class and Manulife Global Strategic Balanced Yield Fund. Manulife Global Dividend Fund and Manulife Global Dividend Class invest primarily in diversified portfolios of high-quality, dividend-paying global equities and aim to provide a yield premium […]
Toronto-based CI Investments Inc. has launched Cambridge Growth Companies Corporate Class Fund, which offers investors an opportunity to focus on high-growth, small and medium-sized companies around the world and garner long-term capital growth by investing primarily in common shares of growing companies in sectors that are not well represented in the Canadian market. The fund […]
TD Wealth PIA is finding that Twitter helps advisors find clients and build current relationships
Insurance advisors have seen notable improvements in key metrics, but those have not translated into higher ratings for firms
Toronto-based IA Clarington Investments Inc. has added two new funds to its product shelf: IA Clarington Core Plus Bond Fund and IA Clarington Focused U.S. Equity Class Fund. IA Clarington Core Plus Bond Fund provides investors with access to investment-grade corporate bonds while protecting against interest rate risk. IA Clarington Focused U.S. Equity Class Fund […]
Toronto-based FT Portfolios Canada Co. (a.k.a. First Trust) has introduced First Trust Short Duration High Yield Bond Exchange-Traded Fund, which invests primarily in a diversified portfolio of subinvestment-grade debt securities. These securities are rated below investment-grade by Moody’s Investors Service Inc. and Standard & Poor’s Financial Services LLC or have received a similar rating by […]
Toronto-based Sprott Asset Management LP has added Sprott Real Asset Class Fund to its lineup, which will provide investors with exposure to the infrastructure, timber and agriculture industries. The fund is subadvised by Pewaukee, Wis.- based Capital Innovations LLC, with Michael Underhill and Susan Dambekaln serving as lead portfolio co-managers. The fund will invest in […]