MRS Inc. and Mackenzie Financial Corp. have announced shareholder approval of the merger of Keystone Premier Euro Elite 100 Capital Class into Mackenzie Ivy European Capital Class, and Keystone Premier Global Elite 100 Capital Class into Mackenzie Ivy Foreign Equity Capital Class. The mergers take effect immediately.
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
A look at specific sectors and challenges
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Proposal would give executors more time to implement loss carryback strategy
Move reflects new focus on bolstering the job market
Company aims to rival the big banks, by having more than a trillion dollars in AUA