Robert Gill will be joining Lincluden Investment Management as vice-president and equity portfolio manager.
BMO Financial Group has made a preliminary offer of £697 million ($1.28 billion) to acquire London-based F&C Asset Management.
Despite another challenging year for Canada's investment industry, dealer firm CEOs are, overall, optimistic about the outlook for 2014.
The New York attorney general has secured an agreement with BlackRock to permanently discontinue the practice of systematically surveying analysts for their opinions on firms they cover.
Fiera Capital has been selected by Russell Investments Canada Ltd. and U.K.-based Russell Investments Company II PLC to respectively sub-advise the recently launched Russell Focused Global Equity Pool and the existing Russell Global Defensive Equity Fund.
Investors have become obsessed with the quest for alpha. It’s the metric that dictates manager hiring, compensation and dismissal. However, alpha is not a regularly observable or stable phenomenon, and it’s not necessarily earned in the period in which it’s measured.
Manulife Asset Management has been awarded a new fixed income mandate from a U.S. public fund and has also been given additional funding from an existing U.S. public pension fund client.
As current business models in the wealth management space are faced with added risk pressure from expanding industry challenges, enterprise risk management has become critical in supporting a firm’s business strategy and growth, according to a white paper.
AGF Management Limited noted that it lost a unnamed institutional client when it released its assets under management numbers recently.
It’s been five years since Lehman Brothers filed for bankruptcy, which sped up the severity of the financial crisis and sent markets into a tailspin. Canada’s Top 40 money managers are trying to help pension plan sponsors adjust to a new environment.