Winnipeg-based Investors Group Inc. is asking shareholders of Investors Corporate Bond Fund to vote this month on renaming the fund Investors Canadian Bond Fund. IG says the new name better reflects the fund’s new strategy to expand its investments in the Canadian bond market. All fees and commissions would remain the same. If approved, changes would take effect at the end of June.
The funds accounted for at least US$350 billion in global net asset value in 2023
Demographics, tech advancements expected to drive growth in the sector
Geopolitical tensions, concerns over weak returns fuel shift away from the world’s second-largest economy
Some institutional investors are leading the move toward greater transparency
S&P 500 will fall to 4,100, Canada will also see a recession, Peter Berezin forecasts
RBC still requires the credential in retail branches, FSRA provides date for forthcoming title protection review
Enforcement case volumes decline in fiscal 2024, agency says
Rep arranged a loan from one client to another to repay a "gang" debt