Thirty-nine of the 42 Morningstar Canada Fund Indices increased during October, including 19 indices that increased by 3% or more. Here are some highlights from…
Last year, the assets managed by the biggest 500 fund managers in the world increased by over 2%, hitting US$78.1 trillion, compared with US$76.4 trillion…
The European Central Bank (ECB) says Greece’s battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and…
After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…
The annual inflation rate in the 19 countries that use the euro reached zero in October, which could push the European Central Bank to expand…
Valeant Pharmaceuticals says it’s cutting all ties with Philidor Rx Services, a partner company at the centre of a controversy about how Canada’s largest publicly…
Statistics Canada says the pace of economic growth in Canada slowed in August. The agency says the economy grew by 0.1% in the month, following…
Neil J. Petroff has joined Northwater Capital Management Inc. as vice-chair. As part of his role, he will provide Fluid Strategies with input into the…
Activist investor Carl Icahn urged American International Group Inc. to split up into smaller companies Wednesday, saying that the insurance provider is “too big to…
Amid the sluggish economy, Canadian employers remain cautious, planning only moderate base salary increases next year, The Conference Board of Canada projects. Average increases for…
McKesson Canada has appointed Neil Donald as director, private payers. Donald has been with McKesson for almost three years and has extensive experience in both…
Fidelity Investments Canada ULC has launched Fidelity North American Equity Class, which offers opportunities in the Canadian and U.S. equity markets. Generally, the fund will…
Alberta’s NDP government will forge ahead building schools and hospitals and hiring more teachers and nurses, but the devastating impact of low oil prices has…
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by…
The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and…
Canadians with an employer-provided benefits plan are 20 per cent more likely to seek care when needed and 25 per cent more likely to report…
Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…