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, …

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Industry NewsTrends

Fate of global economy rests in policy decisions of few: EDC report

With so much at stake, EDC Economics foresees near-term resolution that should reignite growth OTTAWA–There is a strange dichotomy at play in the global economy. On one hand, global growth is slowing, led by weak business investment and trade. But the other, on the consumer side, the picture is much …

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FinTechTrends

Canada’s FinTech adoption rate more than doubled since 2017

New EY survey finds half of Canadian consumers use FinTech. Canadian consumer FinTech adoption up 32% in the last two years 78% of Canadian consumers use at least one Fintech payment and money transfer service 42% of consumers adopt FinTech solutions due to attractive rates TORONTO–FinTech adoption in Canada has …

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