Industry News

Canaccord’s Canada AUA gains 32.5% over past year

Canaccord Genuity Group’s Canadian wealth management business grew its assets under administration by 32.5% over the past year, the firm says, reaching $12 billion at the end of 2016 as it registered additional assets from new advisory teams. “Assets in our Canadian wealth management business continued to improve, primarily due to the success of our […]

By Staff |February 10, 2017

2 min read

Don’t miss important compliance reminders

Make time to review current and updated guidance.

By Katie Keir |February 9, 2017

4 min read

Natixis fills key leadership positions

Natixis Global Asset Management has made appointments in key positions. Jean Raby joins Natixis as CEO on February 20, 2017. He will also be a member of the senior management committee. David Giunta, who will report directly to Raby, assumes the role of president and CEO for the U.S. and Canada. Finally, Pierre Servant is […]

By Staff |February 9, 2017

1 min read

Manulife net income up 34%; Great-West Lifeco raises dividend 6%

Two insurers have reported financial results. For 2016, Manulife Financial Corporation (MFC) has reported net income attributed to shareholders of $2.93 billion, fully diluted earnings per common share (EPS) of $1.41 and return on common shareholders’ equity (ROE) of 7.3%, compared with $2.19 billion, $1.05 and 5.8%, respectively, for 2015. The increase in net income […]

By Staff |February 9, 2017

2 min read