Investors seek action against funds’ receiver
Proposed claim alleges receiver failed to cash out of stock that hit $100 million
- By: James Langton
- January 22, 2026 January 22, 2026
- 16:42
Proposed claim alleges receiver failed to cash out of stock that hit $100 million
Proposed new investor report, cost metric not part of initial reform
Accounts opened for shell companies to funnel money to Colombia
Mutual fund assets, however, saw "a modest market-driven decline" for the month: SIMA
Confidence in the domestic economy has also taken a tumble
Figures point to a mostly strong economy with inflation still elevated
Dealers, advisors brace for July 1 implementation deadline
Employers added just 50,000 jobs last month, the U.S. government reported
The economy grew at the fastest pace in two years from July through September
The partners have agreed to acquire an initial portfolio of 24 properties across 11 U.S. states
Activity slumped in 2025, despite easing rate environment
The “TACO trade is still clearly very much in play": Harbourfront Wealth's CIO
AI will contribute to 1.6% GDP growth this year, a stronger labour market and mid-2% core inflation
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