Toronto-based Invesco Canada Ltd. plans to combine 12 of its mutual funds on Aug. 7: Invesco Select Canadian Equity Class with Trimark Canadian Class; Invesco Pure Canadian Equity Class with Trimark Canadian Opportunity Class; Invesco Canadian Equity Growth Class will merge with Invesco Canadian Premier Growth Class; PowerShares Tactical Bond Capital Yield Class with PowerShares […]
Vanguard Investments Canada Inc. of Toronto is proposing to broaden the diversification of six exchange-traded funds (ETFs) to all-capitalization benchmarks. These ETFs include: Vanguard FTSE Emerging Markets Index ETF; Vanguard FTSE All-World ex-Canada Index ETF; Vanguard FTSE Developed Asia-Pacific Index ETF; Vanguard FTSE Developed Europe Index ETF; Vanguard FTSE Developed ex-North America Index ETF; and […]
Toronto-based Mackenzie Financial Corp. has launched Mackenzie Global Tactical Investment Grade Bond Fund. Its objective is to generate income by investing in investment-grade, fixed-income securities issued by companies and governments from around the world, regardless of size. Konstantin Boehmer and Felix Wong will co-manage the fund. Advisor commissions are 0%-5% for front-end sales; 5% for […]
Toronto-based Standard Life Mutual Funds Inc. and Manulife Asset Management Accord (2015) Inc. (MAM) have made several changes to their investment teams. Terry Carr, head of MAM’s Canadian fixed-income team, now will be responsible for Standard Life Canadian Bond Fund, Standard Life Canadian Bond Class, Standard Life Short Term Bond Fund and Standard Life Tactical […]
Young, striving adults who are tech-savvy but not yet well established can be fertile ground when it comes to adding new clients. Even the boomers started out poor
Advisors want their firms to have teams of specialists to help with clients' increasing needs in wealth-management services
CIBC and Meridian received great praise from their advisors, while the other firms in the survey have areas to improve
As part of the provincial regulator’s priorities, it also intends to research how embedded commissions may affect advisor behaviour in the coming year
Owner Issam El-Bouji to pay fine of $25,000 plus costs
Financial advisors are expected to be a part of the strategy by discussing key topics such as budgeting and debt management with clients