Other Brieflies this week:| MON | TUE | WED | THU | FRI | A survey finds that more than 75% of senior finance executives across Canada and the United States plan to focus on reducing risk in their defined benefit (DB) pension portfolios, rather than seek greater return on assets. This is one of […]
Other Brieflies this week:| MON | TUE | WED | THU | FRI | Shareholders have filed a class-action lawsuit against CIBC, claiming that the bank misrepresented its exposure to investments in the U.S. subprime mortgages market. The suit alleges that CIBC misrepresented the magnitude and level of risk associated with its U.S. subprime residential […]
Other Brieflies this week:| MON | TUE | WED | THU | FRI | Macquarie Financial has chosen CIBC Mellon Global Securities Services to provide asset servicing for its corporate assets. “As we grow in Canada we need a dependable asset servicing supplier,” says Grant MacKenzie, chief executive officer of Macquarie Financial. “CIBC Mellon offers […]
J. Zechner Associates Inc. has chosen CIBC Mellon Global Securities Services Company to provide asset servicing support for its family of pooled funds, including global custody, fund accounting, unitholder recordkeeping, foreign exchange and securities lending services. “We have experience working with CIBC Mellon through our relationships with common institutional clients,” says John Zechner, chairman and […]
Morguard Financial Corporation has chosen CIBC Mellon Global Securities Services Company to provide fund administration, unitholder recordkeeping, global custody, and foreign exchange services for its new pooled funds. “We are pleased to offer clients access to our real estate investment expertise in a pooled fund structure,” says Charles Dillingham, vice president and portfolio manager, Morguard […]
CIBC Asset Management is pleased to announce the appointment of Lilly Price as Vice-President, Institutional Business Development.
CIBC Asset Management announces the appointment of Josée Pelletier as Vice President, Institutional Client Relations.
CIBC Asset Management appoints Aaron White to the position of Vice-President, Sustainable Investments
Most Canadians (80%) say they need annual returns of 4% or higher to reach their retirement savings goals, finds a CIBC Asset Management poll.
A new poll from CIBC Asset Management finds that only 32% of Canadians who hold stocks in their retirement portfolios plan to invest in markets outside of Canada.