Equipment FinanceInvestment Solutions

Vehicle Manufacturers Applaud Ontario Commitment to Strengthen Investment Competitiveness

Canadian Vehicle Manufacturers’ Association impressed with continued commitment TORONTO–Canadian Vehicle Manufacturers’ Association President, Mark A. Nantais says the Canadian Vehicle Manufacturers’ Association (CVMA) applauds the Ontario government’s continued commitment and focus to pursue policies that demonstrate a positive rationale for automotive manufacturing and related investment in Ontario. “The 2019 Ontario …

Industry NewsInvestment SolutionsTrends

Canadian Plan Sponsors Continue to Post Positive Median Returns

Alternative assets outperformed traditional assets for the quarter TORONTO–The median return of the BNY Mellon Canadian Master Trust Universe, a BNY Mellon Global Risk Solutions fund-level tracking service, was +1.66% for the third quarter of 2019 despite slowing global growth indicators. The 1 year median return as of September 30, …

Corporate AcquisitionsInvestment Solutions

CI Financial, GSFM announce acquisition of stake in Redpoint Investment Management

TORONTO–CI Financial Corp. and its subsidiary GSFM Pty Ltd. of Sydney today announced that GSFM has acquired a 49% equity stake in Redpoint Investment Management Pty Ltd., a boutique global equities manager with approximately A$10 billion in assets under management. Redpoint, established in 2011 and based in Sydney, uses a …