Canadian fund sales totalled $15.9B in January
Net sales of mutual funds hit $11.9 billion, while ETFs generated $4 billion in sales
- By: IE Staff
- February 22, 2021 February 22, 2021
- 13:32
Net sales of mutual funds hit $11.9 billion, while ETFs generated $4 billion in sales
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The former ScotiaMcLeod executive had a career that spanned 57 years
Sales were up 35.2% compared with a year earlier, according to CREA
Marsh has led the brokerage since 2010
IG Wealth Management and Mackenzie Investments recorded record-high asset levels
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Product sales surged in the firm’s wealth management and individual insurance businesses
The firm recently acquired a U.S. retirement business and sold its asset management group
The fund's net assets were $475.7 billion, compared with $456.7 billion a quarter earlier
The company's assets increased dramatically following several acquisitions
The asset manager also announced it had raised its dividend
The insurers profits climbed 3.5% to $744 million in the quarter
Core earnings dip slightly despite profit increase, however