The fund has a negative return for the first six months of its 2024 fiscal year
Compliance concern joins greenwashing as a focus for European regulators
Two wealth groups left Richardson Wealth, plus other notable moves across financial services
The quarter also saw net outflows, lower AUM
Growth in wealth management and Canadian insurance activities led to the gain
The transaction supports Canaccord's strategy to grow wealth management
The firm also saw net outflows of $465 million across its entire asset management segment
Panel joins several other forecasters in revising downward its outlook for Europe's biggest economy
Profits face further pressure as deposit rates continue to increase
Bank allegedly denied credit to customers of Armenian descent
The government is increasing certain tax credits and social benefits
Members said it's more likely than not that interest rates will need to go higher to get inflation back to target levels
Short-term expectations increase, long-term view unchanged
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