Toronto-based Fidelity Investments Canada ULC has launched Fidelity Event Driven Opportunities Fund and Fidelity Conservative Income Private Pool. Fidelity Event Driven Opportunities Fund aims to achieve long-term capital growth by investing primarily in equities of companies that are involved in corporate events. Arvind Navaratnam, portfolio manager in Boston with Fidelity’s asset-management division, will manage this […]
Toronto-based IA Clarington Investments Inc. is amending the investment objectives of eight of its corporate-class funds, subject to regulatory approval. The changes are in response to Canadian tax law changes that were introduced in the 2013 federal budget to eliminate the favourable tax treatment relating to forward contracts that had recharacterized income as more tax-efficient […]
Toronto-based Mackenzie Financial Corp. has appointed Todd Mattina as chief economist and strategist for the Mackenzie asset-allocation team. Mattina will support the firm’s asset-allocation solutions by building proprietary valuation models and assessing macroeconomic conditions and their impact on global markets. He also will deliver macroeconomic insights on Mackenzie Investments’ behalf on the company’s website and […]
Toronto-based Horizons ETFs Management (Canada) Inc. and its affiliate, AlphaPro Management Inc., have changed the names of the Black Swan ETFs series, which seek to capture the upside gains of the applicable stock index while using various options strategies in an effort to avoid losses in the event of a significant and sudden market decline. […]
Toronto-based Bridgehouse Asset Managers, a division of San Diego-based Brandes Investment Partners LP, has announced changes to its investment funds lineup, including the addition of two new funds: Greystone Canadian Bond Fund and Lazard Global Balanced Income Fund. The new Greystone fund seeks to achieve long-term capital appreciation and income by investing primarily in high-quality […]
Toronto-based First Asset Investment Management Inc. has launched two new exchange-traded funds (ETFs) that track indices based upon the proprietary factor methodology from Chicago-based Morningstar Inc. First Asset Morningstar International Value Index ETF and First Asset Morningstar International Momentum Index ETF are denominated in Canadian dollars (C$) and will be offered in C$-hedged and unhedged […]
Toronto-based Mackenzie Financial Corp. has appointed Ashley Misquitta as vice president, investment management. Misquitta will become lead portfolio manager of Mackenzie U.S. Growth Class Fund. Prior to his appointment, Misquitta was portfolio co-manager of a U.S. equity fund at Invesco Canada Ltd. in Toronto, at which he worked since 2008. Prior to Invesco, Misquitta spent […]
Firms that provide online robo-advisory services are extending that service to advisors so that they can focus on serving clients
Many advisors show their appreciation with gift certificates, but personalized presents can help you stand out
The organization also recognized Robbie Pryde, Anne Marie O’Donovan and Jennifer Ocampo-King for supporting women in the capital markets business