IGM Financial Inc. is one of Canada's premier personal financial services companies, and one of the country's largest managers and distributors of mutual funds and other managed asset products, over $115 billion in total assets under management.
03/08/12IGM Financial Q2 profit down as stock market jitters affect investors
04/05/12IGM Financial Q1 profit, revenues decline
05/08/10IGM Financial`s Assets Under Management Hits $115.7 billion
Recent Sector News
Urbana Corp (TSE:URB) (CSE:URB), an investment holding company run by Tom Caldwell, is attempting to do its part to help assuage the regulatory burden on companies looking to list on Canadian markets by investing its cash into the recently rebranded Canadian Securities Exchange (CSE), culminating in a listing on the trading platform last month.
After a recent rebranding and trading system consolidation, The Canadian Securities Exchange (CSE) is set for a raring start this year with a new simplified trading platform and lower issuing costs offering competitive advantages to other stock exchange alternatives in Canada.
GreenBank Capital (CSE:GBC), the Bitcoin merchant bank, says it has made its first investment through its new Bitcoin Angel subsidiary, acquiring 20% of the Sovereign Exchange International, which issues Sovereign virtual trade currency and operates the Sovereign Exchange.
GreenBank Capital (CSE:GBC), which is set to capitalize on the growing popularity of the digital crypto currency Bitcoin, is presenting at our Proactive One2One Investor forums across Canada next week.
The 10-year fund will get US$375 million from South Korea's National Pension Service --- the third largest pension fund in the world --- and a matching investment from state-owned Korean Electrical Power Company (KEPCO), the largest electric utility in Korea.
Royal Bank of Canada (TSE:RY), the nation’s largest lender by assets, said its fiscal fourth-quarter profit rose 11 percent and Chief Executive Officer Gordon Nixon would retire in August after 13 years in his position. Dave McKay, 50, who runs RBC's Canadian retail banking division, will take over from Nixon, the Toronto-based lender said in a statement today. The changeover will take place on Aug. 1.
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