Sustainable issuance set to rise: Moody’s
Macro challenges, greenwashing concerns to keep new issue activity shy of record levels
- By: James Langton
- February 2, 2023 February 2, 2023
- 16:48
Macro challenges, greenwashing concerns to keep new issue activity shy of record levels
Several changes occurred across asset management and wealth management
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
Liberals said they will release details about the 2% tax in Budget 2023
Protecting independence of advisors was "foremost" in the decision, BridgeForce co-presidents said
Despite economic concerns, respondents didn't speak to a financial professional
The increase comes even as the European economy slows
The proposal would allow for disgorged funds to be paid out to victims of industry misconduct
New products include target-date RESP funds, covered calls and high-interest savings
``It would be very premature to declare victory," Powell says
U.S. securities class action filings down in 2022, but crypto cases up, report says
No simple way to separate allegations against the failed firm's former execs
Climate coalition members took widely differing approaches to shareholder voting
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