Morneau Shepell maintains a proprietary database with detailed data on hundreds of DB plans. Every so often, it yields up some interesting tidbits of information. For example, consider the prevalence of active versus passive investment management. You might be surprised at the percentage of plans that are actively managed, but let’s set the stage before revealing the answer.
Investment managers characterize the American economy as resilient, whether or not the Federal Reserve curtails its current quantitative easing program, according to a survey.
There’s a clear disconnect between what information fund marketers are providing at the initial marketing stage and what institutional investors want to see.
CI Financial has reached an agreement to acquire a majority interest in Marret Asset Management.
New York Life Investments has signed a deal to acquire Dexia Asset Management for €380 million (C$529 million).
Fiera Capital Corp. has reached agreements to acquire a U.S. wealth management firm and, separately, a global asset manager as part of its strategy to expand south of the border.
Scott S. Eversole has joined Manulife Asset Management as managing director on the institutional sales team.
In my previous articles I demonstrated the benefits of investors extending their time horizon when evaluating an investment manager’s performance because it’s almost certain that even the ‘best’ managers will underperform at some point in time.
Investors worldwide have little trust in the investment profession and believe there is much that can be done to restore it, according to the CFA Institute/Edelman Investor Trust Study.
OMERS Capital Markets and BCE have both joined Aequitas Innovations, a consortium that plans to launch a competitor to the Toronto Stock Exchange.