Industry

Increasing number of Canadian institutions using ETFs

Canada leads the world with the highest average asset allocation in ETFs

By Staff |May 11, 2018

2 min read

CI Financial AUM rise to $139.2B in Q1

CI Financial’s assets under management (AUM) rose to $139.2 billion in Q1 2018, a 15% year-over-year increase, the firm said Friday. The year-over-year increase was primarily due to strong market performance over the past 12 months and the acquisition of Sentry Investments Corp. in October 2017, a release said. CI’s AUM for the first quarter […]

By Staff |May 11, 2018

1 min read

ASC appoints new vice-chair Kari Horn

The Alberta Securities Commission has appointed Kari Horn as its new vice-chair. Horn will also serve as a member of the commission. Members act as the ASC’s board of directors, overseeing the management of the commission as well as considering and approving changes to Alberta securities laws. Horn was previously part of the ASC’s senior […]

By Staff |May 11, 2018

1 min read

National Bank faces class action lawsuit over fees

Two law firms filed a proposed class action lawsuit in Quebec against the National Bank of Canada for fees charged to mortgage holders. The firms, Paquette Gadler Inc. and Adams Avocat Inc., announced the class action lawsuit for “illegally demanding from its clients fees for professional services (such as legal fees, etc.) and to preserve […]

By Staff |May 11, 2018

1 min read