Great-West Lifeco sells Putnam Investments to Franklin Templeton
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
- By: IE staff, with files from Canadian Press
- May 31, 2023 May 31, 2023
- 12:12
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Other funds ready to ride out the "crypto winter"
Plus, CI has an asset-allocation suite, and First Trust takes a laddered approach to U.S. equities
It's the fourth time in five months that overall U.S. consumer confidence has declined
Most of the investors' money was put into riskier projects than promised
The IAP is also pushing for reforms to the dispute resolution process
Commission structures, account transfer standards and dual registration are all in the works
Firms should prepare and test responses, executives said at an IFIC event
Countdown to shorter settlement cycle transition in May 2024 has begun
Fund managers will receive money over the next five years to make social finance investments
Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
High inflation remains the top issue for businesses, survey finds
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