For investors interested in cannabis, new Statistics Canada figures provide insight on consumption and retail prices, which are increasing and decreasing, respectively. Canadian household expenditures on cannabis for both medical and non-medical use increased 1.2 per cent in the second quarter of 2018, according to the report. This follows an increase of 1.4 per cent in the first […]
Fiera Capital Corp. is scooping up the business of CGOV Asset Management, an Ontario-based investment management firm that focuses on institutional investors. As of Dec. 31, 2017, CGOV reported about $5.3 billion in assets under management. Upon completion of the deal, Fiera Capital will become the seventh-largest independent high-net-worth manager in Canada, with total private wealth assets under management exceeding $6 billion. […]
Nearly half (48 per cent) of institutional investors expect to shift their investments to alternatives from traditional hedge funds over the next three to five years, according to a new survey by Ernst & Young. “Hedge funds are experiencing slow growth globally,” said Fraser Whale, the accounting firm’s Canadian alternative funds leader. “With an abundance […]
There are three trends that will guide the Canadian economy in 2017. Those are: The strength, or lack thereof, of oil prices; Domestic housing developments; and Whether the U.S. economy continues to improve. So finds Russell Investments’ 2017 Global Market Outlook, which calls for modest growth in the coming year for Canada. “Moderate improvement in the price […]