Credit downgrades outnumber upgrades in Q2: Fitch
North American corporate credit quality declines led by high yields
- By: James Langton
- July 24, 2024 July 24, 2024
- 09:16
Canada-listed ether ETFs have had three years’ head start
Fraud claims pass suitability issues among investment cases
The group called for action on shadow banking reforms in letter to G20
Economic growth, government budgets to feel ill effects of demographic shift: Desjardins
The U.S. housing market has been mired in a slump dating back to 2022
Bond ETFs drove sales up in June, IFIC says
Ongoing regulatory initiatives include binding authority at OBSI, climate-related disclosures, misleading titles, mutual fund sales practices and more
The move is expected to boost transparency, access in the private investment space
Stronger net sales in Europe bolstered global sustainable fund industry
Finance’s qualified investments consultation asked for suggestions on how to promote Canadian investment
A variety of moves occurred across the industry, including advisor team transitions
With reforms pending, the organization will search for new consumer, industry board reps
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