The Big Four Canadian life insurers reported near-record profits for 2022, DBRS says
Investors may correctly identify a trend, but they typically buy high, as well as pay higher fees
Restructuring effort still a challenge, as major business lines grapple with revenue, profit headwinds
Many are changing due diligence or narrowing their investment universe
Asset managers representing US$11.2 trillion in AUM have signed the code
Pricier active funds to produce bulk of revenues even as asset share erodes, ISS reports
Jean-Philippe Lemay is stepping aside after one year in the job
ETF sales climbed while mutual fund redemptions were steady, IFIC reported
Moody's outlook for asset management turns negative
Firm cited confusion in decision to leave Net Zero Asset Managers initiative