Toronto-based Empire Life Investments Inc. has launched Empire Life Emblem Diversified Income Portfolio, part of the Emblem Portfolios program, which targets a range of risk/return profiles. The new portfolio is designed for conservative investors seeking predictable and diversified income by offering access to diversified sources of income-producing securities, including government, corporate and high-yield bonds, as […]
Toronto-based MFS Investment Management Canada Ltd. has changed its Canadian MFS LifePlan funds to address the home-country investment bias that is affecting retirement savings of some investors, the firm says. Although traditional target-date funds base asset-allocation decisions on factors such as the plan participant’s age of retirement, life expectancy, savings and spending habits, the Canadian […]
BluMont Capital Corp, a subsidiary of Arrow Capital Management Inc. (both Toronto-based), has reached an agreement to sell the management agreements for three funds to Toronto-based Sprott Asset Management LP, pending unitholder and regulatory approval. Exemplar Global Infrastructure Fund, Exemplar Timber Fund and Exemplar Global Agriculture Fund will continue to be subadvised by Hartland, Wis.- […]
RBC and Scotiabank have been successful in building teams of advisors who cater solely to global high net-worth clients
Musician and financial advisor Peter Partridge is spearheading the campaign to provide St. Catharines with a state-of-the-art performing arts venue
Toronto-based Dynamic Funds, a division of 1832 Asset Management LP, has made several changes regarding portfolio managers for its family of funds. Tom Dicker and Steven Hall have been appointed portfolio co-managers of Dynamic Small Business Fund; they will work with current portfolio co-managers Oscar Belaiche and Jason Gibbs. Dicker also is portfolio co-manager of […]
Montreal-based National Bank Securities Inc. has introduced three new funds: National Bank Floating Rate Income Fund, National Bank Global Tactical Bond Fund and National Bank U.S. Dividend Fund. National Bank Floating Rate Income Fund offers clients the opportunity to generate interest income while minimizing the effects of interest rate fluctuations; it will be managed by […]
Toronto-based Horizons ETFs Management (Canada) Inc. has added two new ETFs to its fund lineup: Horizons BetaPro MSCI Japan Bull Plus ETF and the Horizons BetaPro MSCI Japan Bear Plus ETF. These ETFs will provide investors with the opportunity to gain exposure to 200% of the daily long and 200% of the daily inverse performance […]
Gluten-free products are popping up in every supermarket’s aisles. Despite the premium price tags, people are flocking to gluten-free options (such as bread, pasta and cereal), equating them with a healthier diet. But that is not necessarily the case, says Kate Comeau, a registered dietitian with Dietitians of Canada in Montreal. Gluten is a type […]
As a global trend toward fee-based compensation models gathers steam, there is a strong case for Canadian advisors to make the shift