Industry News

Fiera Capital reaches deal with UBS

Fiera Capital Corporation has reached an agreement to purchase UBS Global Asset Management’s Canadian fixed income, Canadian equity and domestic balanced account business. Read: UBS may reach a LIBOR settlement deal This represents assets under management of approximately $8 billion for a cash consideration of $52 million, subject to certain adjustments. Upon closing of the […]

By Staff |December 11, 2012

1 min read

Little-known facts about travel insurance

With the holiday season upon us people are planning their winter vacations. Many will buy travel insurance, while others assume they are covered by their group insurance plan. But out-of-country group insurance benefits are handled by a third party, not the insurance company supplier. So what happens if:

By Helena Smeenk Pritchard |December 11, 2012

2 min read

7 steps to smarter holiday spending

You don’t have to be a Scrooge to take control of your spending. Read: Do the holidays make people cheap? Still, considering that in 2012, average household debt in Canada reached a staggering 163% of annual income—for every $1 we make, we spend $1.63—most of us can’t afford that $400 Louis Vuitton wallet for Aunt […]

By Staff |December 11, 2012

2 min read

U.S. veterans launch ETP-focused firm

Three industry veterans have founded an ETF-focused firm called Toroso Investments.

By Staff |December 11, 2012

2 min read