Aequitas Innovations has completed a "significantly oversubscribed" pre-launch share offering and received investments from British Columbia Investment Management Corporation (bcIMC) and Invesco Canada.
Fiera Capital is buying New York-based Samson Capital Advisors for about US$33.5 million.
The active management environment continued to improve throughout 2014, finds the Russell Canada Active Manager Report.
London Stock Exchange Group has concluded a review of the investment management business of Russell Investments and decided to sell the unit.
AllianceBernstein has a new brand name: AB.
Morguard Corporation subsidiary Morguard Investments is buying a 60% stake in Lincluden Investment Management for an undisclosed amount.
Canada’s investment industry CEOs are optimistic about the outlook for capital markets and their individual firms in the coming year, according to an Investment Industry Association of Canada survey.
BNY Mellon has completed its acquisition of Cutwater Asset Management, a U.S.-based fixed income and solutions specialist with about US$22 billion ($25.9 billion) in assets under management.
CIBC is looking at buying Russell's investment management division, says Bloomberg News.
London Stock Exchange Group has completed the acquisition of Frank Russell Company from Northwestern Mutual Life.