James Langton

1 week ago | investmentexecutive.com | James Langton

James Langton Following a compliance review, which found that many investment fund mangers are using discretion to help set their funds’ investment risk classifications, the Canadian Securities Administrators (CSA) is issuing new guidance to firms on the practice.

1 week ago | investmentexecutive.com | James Langton

James Langton The good times for European investment firms — which saw assets under management (AUM) hit record heights in the second half of 2024, boosting firms’ bottom lines — are in peril, as those gains could now be wiped out by the turmoil in financial markets, Moody’s Ratings says.

1 week ago | investmentexecutive.com | James Langton

“We want a simpler and more flexible retail disclosure regime that gives consumers higher quality and more useful information and empowers firms to design more engaging ways of communicating that information to consumers,” the paper said. To that end, the regulator is proposing changes to the cost disclosure that investors receive.

1 week ago | investmentexecutive.com | James Langton

“In both years, projected global growth would be the weakest since the global financial crisis of 2008–09, excluding the COVID-19 pandemic,” it said — adding, “Risks are to the downside.”Prior to the U.S. election, the firm was calling for 3% global growth. However, the impact of the disruption in global trade, the sharply negative equity market reaction, and the accompanying turmoil in the global bond markets, have pushed forecasts down.

1 week ago | investmentexecutive.com | James Langton

That data shows, in most provinces, the average household has a majority of their wealth in financial assets — only Ontario and British Columbia fall under the national average, the report shows. This high share of household wealth in financial assets in most of the country “was driven by the record highs of the equity markets at the end of last year,” the report said — noting that this has left much of the country exposed to the recent turmoil in equity markets.