Industry

1832 Asset Management makes portfolio advisor change

1832 Asset Management will take on the portfolio advisor role of the Scotia European Fund on July 16, a release from the firm said. The Scotiabank-owned asset manager is already the fund’s portfolio manager. The fund’s investment objective will remain the same, the release said.

By Staff |July 10, 2018

1 min read

Industry

With interest rates expected to rise, most Canadians would choose fixed mortgage: survey

Slightly more than half (54%) of Canadian homeowners or those planning to buy a home would choose a fixed-rate mortgage if signing for a mortgage today, says a CIBC poll. The CIBC Mortgage Poll found that the majority of Canadians surveyed (72%) believe interest rates will rise in the next 12 months, says CIBC in […]

By Staff |July 10, 2018

2 min read

Industry

Hub International acquires Independent Financial Concepts Group

Chicago-based insurance brokerage Hub International Limited has acquired the shares of Independent Financial Concepts Group Ltd. (IFCG), Hub announced in a press release Tuesday. IFCG is a managing general agency based in Toronto. Hub provides financial advisors and insurance brokers with access to development tools and education. “The addition of IFCG is an exceptional opportunity […]

By Staff |July 10, 2018

1 min read