Industry

IA Clarington renames fund

IA Clarington Investments Inc. has made a fund name change. IA Clarington Global Tactical Income Fund, sub-advised by Loomis, Sayles & Company, has been renamed IA Clarington Global Allocation Fund. No changes have been made to the fund’s investment objective or strategy. Also read: IA Clarington changes name, subadvisor of global fund CIBC changes risk […]

By Staff |June 27, 2018

1 min read

IIAC names hall of fame inductees for 2018

The Investment Industry Association of Canada (IIAC) has named its 2018 inductees to its investment industry hall of fame. The new members will be recognized for their achievements at a gala dinner on Oct. 25 in Toronto. The 2018 inductees are: Also read: Industry groups call CSA’s proposals harmonized, practical Soliciting dealer arrangements: IIAC responds […]

By Staff |June 27, 2018

1 min read

Vanguard ETFs available on PPI, Emperor launches robo

New asset allocation ETFs from Vanguard Investments Canada Inc. are now available on PPI Valet, an online investment platform for advisors. The platform is aimed at independent financial advisors and advisors in related industries. PPI Valet allows advisors “to access new investment opportunities including affordable, professionally managed portfolios for their clients,” said the firms in […]

By Staff |June 26, 2018

2 min read

1832 Asset Management faces proposed class action over trailing commissions

A proposed class action lawsuit has been filed against Scotiabank’s 1832 Asset Management LP regarding trailing commissions paid to discount brokers on Scotia and Dynamic mutual funds. Siskinds LLP and Bates Barristers PC alleges investors who hold the funds in discount brokerages receive no value for the trailing commissions paid. The allegations have not been […]

By The Canadian Press |June 26, 2018

1 min read