Toronto-based Front Street Capital Inc. has appointed Rick Brown as senior portfolio manager of fixed-income. He will oversee all fixed- and variable-income portfolio-management responsibilities at the firm. Brown will be responsible for implementing fixed-income investment strategy and research, as well as for driving the investment and reallocation process. Brown is the lead portfolio manager of […]
Toronto-based BMO Investments Inc. has announced changes to a number of its mutual funds. BMO Asset Management Inc. (BMOAM) will replace both New York-based Lazard Asset Management (Canada) Inc., the current portfolio manager of BMO Global Absolute Return Fund, and Montreal-based Global Alpha Capital Management Ltd., the current portfolio manager of BMO Global Small Cap […]
Toronto-based FT Portfolios Canada Co., an affiliate of Chicago-based First Trust Portfolios LP, has launched its first set of fundamentally weighted dividend exchange-traded funds (ETFs). First Trust AlphaDEX Canadian Dividend Plus ETF will invest primarily in a portfolio of higher-yielding Canadian dividend-paying stocks. First Trust AlphaDEX U.S. Dividend Plus ETF (hedged into Canadian dollars) will […]
Toronto-based Manulife Mutual Funds has given Roberto Sanchez-Dahl, managing director and senior portfolio manager, and Paolo Valle, managing director and senior portfolio manager, both with Manulife Asset Management, the portfolio-management responsibilities for Manulife Emerging Markets Debt Fund. The fixed-income portion of Manulife Emerging Markets Balanced Fund also will be managed by this new team, which […]
Toronto-based IA Clarington Investments Inc. said Thursday that investors of IA Clarington Funds and IA Clarington Target Click Funds have approved a proposal to change the method of charging operating expenses to the funds to a fixed rate administration fee model. “The plan which was approved by investors will provide increased fee predictability and clarity, […]
Louis Morisset succeeds Mario Albert
ICPM workshop focuses on five action steps
Four new board members also announced
International Forum for Investor Education (IFIE) elects officers from Canada, U.S. and Japan