Canada’s Financial Industry Newspaper | Investment Executive
WEBBy: IE Staff. Investment Executive has the latest news and analysis on investment products, industry news and securities regulation for financial advisors.
New direction for Richardson Wealth | Investment Executive
WEBJan 25, 2021 · As of Dec. 31, 2020, Richardson Wealth reported $30.3 billion in assets, up marginally from $29.3 billion at the end of 2016. The lack of clear direction also resulted in rival firms luring away advisors from Richardson Wealth. At the end of 2020, Richardson Wealth reported 162 advisory teams, down from 199 four years prior.
Qtrade, Credential and NEI Investments announce merger
WEBDec 12, 2017 · Qtrade Financial Inc., Credential Financial Inc. and NEI Investments announced on Tuesday that they will be merging in a deal that will create Aviso Wealth, an independent wealth-management provider for the Canadian credit union (CU) system that will have more than 500,000 clients and $55 billion in combined assets under administration and management.
Tools - Investment Executive
WEBFind accredited CE courses. Earn free CE credits with courses brought to you by Investment Executive and our partners. We offer CE lessons that are accredited by The Institute, IIROC, FPSC and other bodies. Certificates are issued electronically through CE Corner. Go to CE Corner.
Seg funds 101 - Investment Executive
WEBJun 14, 2021 · Seg funds have two parts: a pooled investment component (similar to a mutual fund), plus an insurance policy that protects against the loss of the invested capital when a contract matures. By law, a seg fund must guarantee a return of at least 75% of the original capital, and many provide guarantees for 100%.
Fund administrator: Understanding this essential support role
WEBDec 3, 2021 · Fund administrators play an increasingly pivotal role in the financial ecosystem by providing critical operational support to managers and assurance of integrity within investment funds for investors. Their independent role enhances the transparency, compliance and stability of financial markets. With a promising future based on growth ...
Get ready for CPP2! - Investment Executive
WEBNov 22, 2023 · Since 2019, the CPP contribution rate has gradually increased every year, to 5.95% in 2023 from 4.95% in 2018 (before the enhancement), for a total increase of one percentage point for both employees and employers. If you’re self-employed, you pay both the employee and employer portions, for a 2023 contribution rate of 11.9%.
Active U.S. Large Cap Managers Could Be Poised to Outperform
WEBAug 22, 2022 · A narrow U.S. market potentially sets stage for excess returns. Recent market conditions have posed formidable challenges for active U.S. large‑cap equity managers seeking excess returns relative to their benchmarks. By early 2022, the S&P 500 Index reached concentration and valuation levels not seen since the technology bubble of …
PwC plans payouts to Bridging investors in 2024
WEBJanuary 22, 2024. 15:33. iStockphoto. Investors who were harmed in the collapse of alternative fund manager Bridging Finance Inc. are a step closer to getting some money back, but almost $300 million in disputed creditor claims must first be resolved. According to new filings in the firm’s receivership proceeding, Bridging’s court-appointed ...
Canadian investors love dividends. Here’s where to find them in ETFs
WEBFeb 13, 2024 · The $1.6-billion iShares Canadian Select Dividend Index ETF, for one, is tilted toward income, with a recent distribution yield of 5%. More than half of the assets in the 30-stock portfolio are in the financial sector. Also in the dividend-yield camp is the $1.5-billion iShares S&P/TSX Composite High Dividend Index ETF (XEI), whose recent ...