Alken Asset Management has notified the firm of its intention to terminate a subadvisory agreement
Canadian equity funds had a solid month as the S&P/TSX composite index broke through the 16,000 mark for the first time
The former COO succeeds retiring CEO Bill Downe
The former co-CIO of Sprott Asset Management will lead TDAM’s global active fixed income team
The mutual fund giant intends to leverage the acquisition to jump-start some technology projects, including the launch of a robo-advisor
The company is also expanding its Fidelity Private Investment Program with the addition of a global balanced portfolio pooled fund designed for risk-conscious investors
The MyMoneySmarts program is the start of a long-term plan by Advocis to promote financial literacy in support of the national financial literacy strategy
The company now offers 12 target-date funds in Canada, ranging in retirement years from 2015 to 2065
The deal will add five ETFs and $68 million in AUM to Evolve’s growing ETFs business
The decision follows portfolio manager changes at Sentry following the firm’s acquisition by CI Financial Corp.