Industry

Scotia to merge fund team with Goodman & Co.

Scotia Asset Management has announced an overhaul for the management of several mutual funds, naming Goodman & Company, Investment Counsel Ltd. as sub advisor or portfolio manager. “We are pleased to expand our working relationship with the world class group of investment managers at Goodman & Company, Investment Counsel Ltd.”, said Glen Gowland, president and […]

By Staff |March 7, 2011

2 min read

State Street launches Collateral Tracking

State Street Corporation announced today the launch of a new Collateral Tracking service that helps asset managers and owners accurately assess and manage counterparty risk. Clients can now receive up-to-date reporting on the location and status of all collateral movements regardless of where the assets are held. The Collateral Tracking service expands the traditional core […]

By Staff |March 7, 2011

1 min read

Bank profits to drive 2011 expansion

Coming out of the recession, Canada’s banking sector looks better than many of its global peers. Tough regulation ensured that the banks steered clear of the leverage minefield that sank some foreign competitors and 2010 profits have topped records set in 2007. This presents the sector with unprecedented opportunities for growth and expansion, according to […]

By Steven Lamb |March 7, 2011

1 min read

Manulife rolls up sleeves on volunteerism

Manulife Financial has teamed up with Volunteer Canada on a national campaign to enrich the volunteer experience for Canadians. “Volunteering is fundamental to a healthy, democratic society so it is essential for the future of the sector that volunteers are more meaningfully engaged in Canada,” said Ruth MacKenzie, president and CEO of Volunteer Canada. “Organizations […]

March 7, 2011

1 min read