Asset management

SRI assets managed to weather storm

Socially responsible assets in Canada dropped roughly 8%, to $531 billion as of June 30, 2010, compared with $579 billion in 2008, according to the biennial SRI review, released today by the Social Investment Organization. However, SRI still represents about one-fifth of total Canadian assets under management, about the same level as 2008. “SRI has […]

By Doug Watt |May 5, 2011

4 min read

Tactico launches Tactex Asset Management

Tactico Inc. has announced the acquisition of Canadian portfolio management firm, Westmount Markets Inc., which will be rebranded as Tactex Asset Management. The new company will provide portfolio management services to both retail and institutional investors. Liam Cheung, managing director of Tactico, will assume the role of Tactex CEO. Tactico vice-president Brendan Magill will serve […]

By Staff |April 13, 2011

1 min read

Asset managers bullish on industry: PwC

Investors are finally getting the message that they need to save more for their retirement, making an aging population less of a drag and more of a growth driver for the asset management industry, according to a survey of CEOs in the business. The PwC survey found that 68% of CEOs at asset management firms […]

By Staff |March 17, 2011

3 min read