Product roundup: Evolve plans to unveil leveraged crypto ETFs in Canada
Plus, more CDRs from CIBC; multiple firms announce fund launches or changes
- By: Noushin Ziafati
- February 10, 2025 February 10, 2025
- 16:28
Plus, more CDRs from CIBC; multiple firms announce fund launches or changes
Weather-related shocks have different impacts on output, inflation, BIS finds
Accumulating rules reduce output, hit larger firms harder
Breach was used to falsely post about bitcoin ETF approval, sending crypto prices up
Clients can track scope 1, 2 and 3 carbon emissions
The bank's stake is worth roughly US$15.4 billion
The White House plans to announce 25% tariffs on steel and aluminum imports into the U.S. on Monday
Quarterly mutual fund sales through the advisor network were up 45% year over year
A mixture of executive and PM moves were announced
The funds would give retail investors exposure to illiquid assets such as private debt, private equity and infrastructure
Trudeau, in opening remarks at the event, reiterated the need for a 'Team Canada' approach
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales