Wells Fargo divestiture reflects need for scale to compete
Strong results in 2020 may kill the fear that sustainability sacrifices returns
IG Wealth Management and Mackenzie Investments recorded record-high asset levels
The firm recently acquired a U.S. retirement business and sold its asset management group
The company's assets increased dramatically following several acquisitions
The asset manager also announced it had raised its dividend
Feb. 5 will be the industry vet's last day
Guenther is the first woman to lead the firm
The asset manager is offering US$5.9 billion to acquire the remaining stake in the real estate firm
The moves follow a strategic review of the company's private wealth operations in the U.S.