Loonie tumbles as U.S. greenback gains strength
CI Financial Income Fund today reported net sales of $170 million in April 2008, and assets under management of $68.1 billion and total fee-earning assets of $102.4 billion as of April 30.CI says the month was marked by solid asset growth, as retail assets under management grew by $2.3 billion or 3.6% to $65.1 billion. […]
Aletheia Research, Metropolitan West join product line-up
Royal Bank of Canada today announced completion of its acquisition of Phillips, Hager & North Investment Management Ltd. (PH&N).The deal creates the largest retail mutual fund company in Canada with more than $105 billion in mutual fund assets under management as at March 31, 2008.In addition to forming Canada’s largest retail mutual fund company, the […]
McFeetors succeeds Gratton as chairman
New global high-tech operations centre
Seamark Asset Management Ltd. today announced a drop in earnings for the first quarter ended March 31.Net earnings for the quarter were $316,000, or 3¢ a share, down sharply from $1.01 million, or 9¢ a share, for the year ago period.Total revenue for the quarter was $3.07 million, down from $4.06 million a year ago.Assets […]
Canadians working even when sick or exhausted: Desjardins
High interest, no minimum monthly balance and free unlimited real-time online transfers to other RBC accounts are just some of the benefits of RBC’s new U.S. dollar, high interest, online personal savings account, launched today, the first offered by a major Canadian bank.The new RBC US High Interest eSavings account will offer an introductory rate […]
Five Quebec directors added to TSX board