Fund manager fortunes a mixed bag: Fitch
In challenging markets, mass retail firms face greater pressure on fund flows
- September 21, 2023 September 21, 2023
- 16:39
There's more than one approach to advisor succession
Top execs' payout targets may be too easy to hit, research suggests
Number of workers collecting jobless benefits jumped 6% in July
Proposal aims to ease regulatory costs, encourage capital formation by mature issuers
Labour market continues to show strength in the face of elevated interest rates
If high rates persist, fraudulent activity could accelerate
Province would be entitled to 53% of the national pension plan's pool by 2027
The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%
Regulator aims for truth in advertising, seeks to combat greenwashing
Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years
Governing council said holding rates steady was the right decision for now, but worried about misinterpretation
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