Industry

IIAC adds 6 to Investment Industry Hall of Fame

IIAC will induct six business leaders into its Investment Industry Hall of Fame at a gala Thursday night. Read: Woman among IIAC’s 2017 Hall of Fame inductees The new members are: Read: IIAC appoints board, first female chair “Their contributions on the national and community stages and their everlasting mark of excellence and integrity on […]

By Staff |October 26, 2017

1 min read

Former equity firm partner billed clients for vacations, clothing: SEC

The Securities and Exchange Commission today charged Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., with defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures, including his family vacations, visits to a hair salon, and purchases of designer clothing and high-end electronics. The SEC’s complaint alleges Rashid […]

By Staff |October 26, 2017

2 min read

Financial institutions, funds join forces on climate change

The joint Declaration of Institutional Investors on Climate-Related Financial Risks identifies investments in companies that promote energy transition and that have low emissions

By Staff |October 26, 2017

1 min read

Why you should start RESP conversations early

It’s possible that many of your clients’ children do not have RESPs. In 2014, Statistics Canada found that only 48.5% of children had received the Canadian Education Savings Grant (CESG), which is calculated based on contributions made to RESPs. Further, a non-government survey published by the Bank of Montreal in the same year found that […]

By Bernard Viau |October 26, 2017

5 min read