• DSP makes changes to two funds

Desjardins Investments has appointed Ninety One North America and Hermes Investment Management Limited, respectively, as new sub-portfolio managers for Desjardins Emerging Markets Fund and Desjardins SocieTerra Emerging Markets Equity Fund. The investment strategies of these funds have also changed. However, the investment objectives remain unchanged. Management fees will also be reduced from July 10, 2023. All details here.

• Changes to Certain NBI Funds

National Bank Investments significantly reduced management fees and trail commissions and raised the risk levels of several funds. The Company has also soft capped the F5, T5, Advisor-2, F-2, FH-2 and H-2 series of the NBI Private High Conviction Equity Portfolio and the Private International Conviction Equity Portfolio. 2023 Find out all about these changes here.

• Manulife Appoints Two Global Executives

Manulife Investment Management has appointed Andrew G. Arnott as Global Head of Private Client Services. Based in Boston, he will specifically work with regional managers to ensure the retail services strategy takes into account the specifics of local markets. Colin Fitzgerald becomes Global Head, Institutional Markets. Based in London, he will work with the Institutional Markets executive team to drive growth in the firm’s institutional business. Here you know everything.

• Wellington Altus welcomes Jon Kilfoyle

Wellington-Altus Financial (Wellington Altus), the parent company of Wellington-Altus Consulting Privé and Wellington-Altus Gestion Privée, has appointed Jon Kilfoyle as Executive Vice President, Products and Platforms. The company that has made several appointments since the beginning of the year has continued to expand its leadership team to continue its growth. Jon Kilfoyle will be responsible for focusing on enhancing the company’s suite of products and platforms to provide tailored solutions to clients. Read more on the website of finance and investments.

• New manager at the Walter Group

On May 1, Jason Parravano begins a new career as Chief Financial Officer for Walter Group’s investment activities. The manager announced that he will step down as President and Managing Director of Canadian Net Real Estate Investment Trust (REIT) on April 25. He will be replaced in this position by Chief Investment Officer Kevin Henley, who has been with Canadian Net for more than six years. Read more on the website of finance and investments.

• New players at the DGIA

Two new players strengthen the ranks of Desjardins International Asset Management (DGIA). Frederic Angers has been appointed Vice President and Chief Investment Officer, Private Markets. Tony Roy assumes the role of Vice President and Head of Real Estate Investments. As part of his duties, Frederic Angers will be responsible for all private markets. He will continue to oversee the institution’s infrastructure program, which has $4.5 billion in assets under management. Read more on the website of finance and investments.

• Croesus: new API platform

Croesus is launching a new API platform aimed at simplifying the integration of data from its portfolio management solution with other FinTech systems and applications. With this platform, financial institutions and fintechs can use various APIs to access Croesus Advisor data and use it in their banking systems or wealth management applications. The platform “was built by developers for developers,” the statement said. Read more on the website of finance and investments.

• Laurentian Bank launches high-interest savings account

Laurentian Bank customers in Quebec and across Canada can open an account through a digital self-service account opening solution. The solution was developed in partnership with Thirdstream, an Alberta company that provides both online and in-branch digital account opening solutions to more than 50 banks, credit unions, trust companies and brokers across Canada. Read more on the website of finance and investments.