Toronto-based Aston Hill Asset Management Inc. plans to terminate Aston Hill Global Resource Fund on August 20, the company said Thursday. Aston Hill notes that the size of the fund has reduced to a point where it believes the fund is no longer economically viable to maintain. Effective immediately, the fund will be closed to […]
Paul Kaplan to focus on Canadian research
Todd Roadman to continue growth momentum
Canada's aging population makes health and financial directives imperative
Toronto-based Invesco Canada Ltd. has announced that New York-based Nasdaq OMX Group Inc. has replaced Argyle, Texas-based Halter Financial Group Inc. as the index provider for PowerShares Golden Dragon Halter USX China Portfolio. In addition, the name of the underlying ETF now has been changed to PowerShares Golden Dragon China Portfolio. The Nasdaq Golden Dragon […]
Horizons Exchange Traded Funds Inc., along with its affiliate, AlphaPro Management Inc., both based in Toronto, have introduced two new exchange-traded funds (ETFs) that will provide investors with the opportunity to gain exposure to North American stock market indices while providing protection from sudden and significant market declines. Horizons Universa Canadian Black Swan ETF and […]
Toronto-based CIBC Asset Management Inc. has announced portfolio subadvisor changes for some funds. Kansas City-based American Century Investment Management Inc. (ACIM) will continue to serve as a portfolio subadvisor for components of Imperial U.S. Equity Pool, with an increased allocation to both the U.S. all-cap growth and U.S. all-cap value components of the pool. ACIM […]
Toronto-based IA Clarington Investments Inc. has launched IA Clarington Focused Canadian Equity Class Fund, IA Clarington Focused Balanced Fund and IA Clarington Focused Balanced Class Fund. David Taylor, portfolio manager with Toronto-based Taylor Asset Management Inc., will manage IA Clarington Focused Canadian Equity Class and will partner with income specialist Dan Bastasic, portfolio manager with […]
Toronto-based Deloitte & Touche LLP has appointed Frank Vettese managing partner and CEO for Deloitte Canada. Vettese, since joining Deloitte in 2002 and becoming a member of the global executive team in 2007, has held a number of senior roles, including managing partner for Deloitte’s financial advisory practice in Canada from 2005 to 2012. He […]
Donald Guloien, president and CEO of Toronto-based Manulife Financial Corp., has been honoured as the 2012 International Business Executive of the Year by the Canadian Chamber of Commerce. The award is given to Canadian business executives whose leadership has helped their firms become strong Canadian competitors in international markets. Guloien joined Manulife in 1994 and […]