Canada’s Financial Industry Newspaper | Investment Executive
Investment Funds. Investment funds industry bucks Canada’s low-productivity trend. David Reeve. Technology. Addressing internal challenges to wealth firms’ growth. Partners’ Place. Appointment Notices. Latest appointments: Denis Ricard, President and Chief Executive Officer of iA Financial Group, has been elected Chair of the Board of ...
With inflation below target, BoC expected to deliver supersized …
5 hours ago · Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week. The central bank’s interest rate announcement on Wednesday comes after Statistics Canada reported the annual inflation rate in September tumbled to 1.6% — below the Bank of Canada’s 2% inflation ...
U.S. corporate default risk eases: S&P | Investment Executive
6 hours ago · The threat of U.S. corporate debt defaults eased in the third quarter, according to new data from S&P Global Market Intelligence. The research firm reported that default risk declined for most U.S. companies and across most industry sectors last quarter, as the median default probability fell in seven of 11 sectors and remained flat in the ...
Gold hits new heights, has room to run: NBF
6 hours ago · Geopolitical uncertainty, trade turmoil could boost gold further. Gold prices hit a record high on Monday and may yet have room to run, according to National Bank Financial Inc. (NBF). In a research note, NBF reported that gold bullion prices rose by more than US$20 per ounce, reaching US$2,753 per ounce, setting a milestone for the metal.
U.S. equities lured investors in August: StatCan
4 days ago · Investors added $12.7-billion worth of U.S. equities in the month, pushing the total for the year to $44.5 billion, which marks a turnaround from a $2.5-billion divestment in the same period last year. Alongside the buying of U.S. stocks, investors added $2.9 billion of other foreign equities in August, which was partly offset by a $3.3-billion ...
What will draw investors back to ESG ETFs? | Investment Executive
6 days ago · Investors redeemed $1.3 billion from the funds this year as of Aug. 31, bringing total assets under management (AUM) to $17.4 billion. Excluding a $1.8-billion institutional reallocation, ESG ETFs would have had a couple hundred million dollars in year-to-date inflows by Aug. 31. Moreover, launches of ESG ETFs have fizzled since 2023, Zhang said.
News for Canadian Financial Advisors - Investment Executive
4 days ago · Annual inflation falls to 1.6% in September. The reading raises the odds of a 50-basis-point rate reduction by the Bank of Canada. Breaking industry and regulatory news for IIROC, MFDA and life insurance-licensed financial …
Insight - Investment Executive
Jun 26, 2024 · Investment Executive, Insight, financial advisors, editorials, letters to the editor, guest columns, opinion, Ottawa, provincial news
Industry News - Investment Executive
Oct 11, 2024 · Feds moving ahead with sustainable investing guidelines, but details still scarce. Government says it will launch a regulatory process to assess what information to require in company climate disclosures. By: Ian Bickis, The Canadian Press. October 10, 2024.
Brokerage advisors thrive in a shifting economy
Jun 5, 2024 · In this year’s Investment Executive Brokerage Report Card, the average advisor’s assets under management (AUM; as of Dec. 31, 2023) edged up 0.8% to $267.6 million. This modest increase came against a backdrop of intensifying financial pressures, fears of a recession and relatively weak Canadian equities markets.