Industry

OceanRock adds 3 sub-advisors

OceanRock Investments Inc. announced that Aegon Capital Management Inc. and Fiera Capital Corporation will take over the sub-adviser role of the Meritas Canadian Bond Fund. Read: Having their say “Our team of experts performed a diligent search to find who we believe are the best managers to enhance yield and mitigate risk for our investors,” […]

By Staff |April 9, 2013

1 min read

Scotiabank’s new president outlines business strategies

Addressing Scotiabank shareholders for the first time as the bank’s new president, Brian Porter discussed opportunities in each of the bank’s business lines. Read: Banks prepare for new leaders In Canadian banking there will be a heightened focus on deposits and payments. “Deposits are the lifeblood and circulatory system of any bank,” he says. “Therefore, […]

By Staff |April 9, 2013

1 min read

U.S. hedge fund industry says peers engage in illegal activity

Nearly half of hedge fund managers believe their competitors engage in illegal activity, finds a survey by law firm Labaton Sucharow LLP, HedgeWorld and the Hedge Fund Association.

By Staff |April 9, 2013

2 min read

4.2 million U.S. mortgage borrowers to receive payments

Payments to 4.2 million borrowers are scheduled to begin on April 12, following an agreement reached by the Office of the Comptroller of the Currency and the Federal Reserve Board with 13 mortgage servicers.

By Staff |April 9, 2013

2 min read