Toronto-based Manulife Investments, a division of Manulife Asset Management Ltd., has reduced the management expense ratios for some of its mutual funds. In addition, management fees on A-class units were reduced for several funds, including: Manulife China Class (to 2.45% from 2.50%); Manulife Asia Equity Class (to 1.10% from 1.20%; and Manulife Global Infrastructure Class […]
Toronto-based Vanguard Investments Canada Inc. has lowered the management fees on 11 of its Canadian exchange-traded funds (ETFs). The firm’s asset-weighted average management fee has dropped to 0.14% from 0.19%. Management fees for Vanguard’s ETFs now start at 0.05%, and new management expense ratios will be recalculated at the end of the year, as per […]
Toronto-based HAHN Investment Stewards & Co. Inc. has launched a new exchange-traded fund (ETF). The Special Opportunities Focus ETF Portfolio is a global asset-allocation product designed for both individual and institutional investors. The new portfolio will be managed by HAHN’s investment committee, including Wilfred Hahn and Tyler Mordy, co-chief investment officers with HAHN. The new […]
Toronto-based CI Investments Inc. has appointed Robert Lyon to the Signature Global Asset Management team. Lyon, who specializes in the natural resources and energy sectors, will assume the title of senior vice president, portfolio management, and be responsible for Signature’s resources-focused funds, as well as for the domestic and foreign natural resources equities holdings of […]
Montreal-based Fiera Capital Corp. has added two funds to its existing product lineup: Fiera Capital Defensive U.S. Equity Fund and Fiera Capital Defensive Global Equity Fund. Both funds aim to provide long-term capital appreciation by investing primarily in U.S. and global equity securities through the existing Fiera Capital U.S. and Global Equity funds. The new […]
A centralized platform launching next year aims to provide advisors with a single portal to access all their communications
The MFDA is considering bringing in CE requirements
A new publishing tool from Mountain View, Calif.-based LinkedIn Corp. promises to change the way financial advisors communicate with both their existing and prospective clients. LinkedIn Publisher provides members of that social networking platform with the ability to publish and share long-form blog posts – and it gives advisors the opportunity to reach people in […]
Toronto-based NEI Investments, a division of Northwest & Ethical Investments LP, has introduced Montreal-based Addenda Capital Inc. as subadvisor to NEI Ethical International Equity Fund. With more than $24 billion in assets under management for institutional and private-wealth clients, the Addenda team brings a 10-year track record of investing in international equities. The fund will […]
Toronto-based Mackenzie Financial Corp. has formed a new team that will focus on emerging markets. The Mackenzie global emerging markets team, based in Singapore, will be led by Jan Cornelis de Bruijn, senior vice president, investment management, who joined the firm on Sept. 1. In conjunction with this announcement, Mackenzie Investments is proposing to change […]