Mackenzie Investments

MACKENZIE MUTUAL FUNDS CLASS ACTION REGARDING TRAILING COMMISSIONS PAID TO DISCOUNT BROKERS

Retrieved on: 
Monday, March 4, 2024

LONDON, ON, March 4, 2024 /CNW/ - The Superior Court of Justice of Ontario has certified a class action which permits a defined group of investors (the "Class") to pursue claims against Mackenzie Financial Corporation and Mackenzie Financial Capital Corporation ("Defendants").

Key Points: 
  • LONDON, ON, March 4, 2024 /CNW/ - The Superior Court of Justice of Ontario has certified a class action which permits a defined group of investors (the "Class") to pursue claims against Mackenzie Financial Corporation and Mackenzie Financial Capital Corporation ("Defendants").
  • It is alleged that the Defendants paid excessive, inflated, and/or unearned trailing commissions to Discount Brokers out of the assets of the Mackenzie Mutual Fund trusts.
  • The class action claims monetary damages on behalf of the Class.
  • To obtain a copy of the opt-out form or for other important information regarding the class action:

Mackenzie Investments Opens the Market

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 /PRNewswire/ - Prerna Mathews, VP, ETF Product Strategy, Mackenzie Investments, and her team joined Keith Wu, Head, Exchange Traded Products & TMX Market Center, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Mackenzie World Low Volatility ETF (TSX: MWLV).

Key Points: 
  • TORONTO, Feb. 22, 2024 /PRNewswire/ - Prerna Mathews, VP, ETF Product Strategy, Mackenzie Investments, and her team joined Keith Wu, Head, Exchange Traded Products & TMX Market Center, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Mackenzie World Low Volatility ETF (TSX: MWLV).
  • Mackenzie Investments ("Mackenzie") is a leading investment management firm with $195.7 billion in assets under management as of December 31, 2023.
  • Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels.
  • Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing.

Bloomberg Collaborates with Google Cloud to Accelerate Innovation in Data Management and Analytics

Retrieved on: 
Friday, November 3, 2023

NEW YORK, Nov. 3, 2023 /PRNewswire/ -- Bloomberg today announced a new offering that enables customers of Google Cloud to accelerate their data strategies through the integration of Bloomberg's cloud-based data management solution, Data License Plus (DL+), with BigQuery, Google Cloud's fully managed, serverless data warehouse.

Key Points: 
  • Bloomberg Enterprise Data content and Data License Plus are now integrated with BigQuery, enabling customers to easily bring comprehensive datasets to their analytics workloads
    NEW YORK, Nov. 3, 2023 /PRNewswire/ -- Bloomberg today announced a new offering that enables customers of Google Cloud to accelerate their data strategies through the integration of Bloomberg's cloud-based data management solution, Data License Plus (DL+), with BigQuery, Google Cloud's fully managed, serverless data warehouse.
  • "We're excited to expand our collaboration with Google Cloud, remaining at the forefront of innovation in financial data management and further expanding our customers' enterprise analytics capabilities."
  • Access to Bloomberg data directly in BigQuery: Bloomberg customers can now seamlessly access Bloomberg Data License content within BigQuery for scalable use throughout their enterprise, accelerating time-to-value from analytics projects by eliminating the time-consuming process of ingesting and structuring third-party datasets.
  • Eliminated data barriers: Bloomberg and Google Cloud will make Bloomberg's DL+ solution available to mutual customers via BigQuery, allowing for the delivery of fully modeled Bloomberg data and multi-vendor ESG content that is accessible within their analytics workloads.

SLC Management appoints Senior Managing Director for High-Net-Worth

Retrieved on: 
Thursday, September 21, 2023

WELLESLEY, Mass., Sept. 21, 2023 /PRNewswire/ - SLC Management, the US$273B (C$361B) institutional fixed income and alternatives asset manager, is pleased to announce that Michael Schnitman has been appointed to Senior Managing Director, High-Net-Worth, SLC Management, effective immediately.

Key Points: 
  • WELLESLEY, Mass., Sept. 21, 2023 /PRNewswire/ - SLC Management, the US$273B (C$361B) institutional fixed income and alternatives asset manager, is pleased to announce that Michael Schnitman has been appointed to Senior Managing Director, High-Net-Worth, SLC Management, effective immediately.
  • "I'm delighted to welcome Michael to SLC Management," said Steve Peacher, President, SLC Management.
  • Since then, the SLC Management group of companies has begun marketing alternative investment products and solutions through AAM's distribution platform.
  • Over time, SLC Management hopes to expand into the HNW markets in Canada and Asia.

Conscious Economics Launches New HeARTwork Policy Framework to Address Barriers Faced by Diverse Women in Leadership

Retrieved on: 
Tuesday, June 20, 2023

To start, the framework offers 11 actionable solutions to help support diverse women and their advancement into more senior roles in business.

Key Points: 
  • To start, the framework offers 11 actionable solutions to help support diverse women and their advancement into more senior roles in business.
  • "We are sharing our policy framework with employers across Canada, which includes proposed solutions and strategies to help support diverse women.
  • "As the Minister for Women and Gender Equality and Youth, I'm proud to support Conscious Economics and the HeARTwork program.
  • To learn more about the HeARTwork policy framework and consider how you can implement these solutions internally, click here.

Franklin Templeton Establishes a Strategic Partnership with Power Corporation of Canada and Great-West Lifeco

Retrieved on: 
Wednesday, May 31, 2023

Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO].

Key Points: 
  • Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO].
  • Great-West will become a long-term strategic shareholder in Franklin Resources, Inc., with an approximate 6.2% stake, consistent with Great-West’s continuing commitment to asset management.
  • The strategic partnership aligns with Franklin Templeton’s focus to further grow insurance client assets, and significantly broadens the relationship between Franklin Templeton and the Power Group of Companies in key areas of retirement, asset management and wealth management.
  • In addition, Franklin Templeton will pay up to $375 million in contingent consideration tied to revenue growth targets from the partnership.

Mackenzie Investments Launches Sustainable Investment-Focused ETF on the NEO Exchange

Retrieved on: 
Tuesday, April 18, 2023

Today, NEO welcomes Mackenzie Investments (“Mackenzie”) back to the NEO Exchange, with the launch of the Mackenzie Corporate Knights Global 100 Index ETF.

Key Points: 
  • Today, NEO welcomes Mackenzie Investments (“Mackenzie”) back to the NEO Exchange, with the launch of the Mackenzie Corporate Knights Global 100 Index ETF.
  • The ETF seeks to replicate the performance of the Corporate Knights Global 100 Index (“the Index”).
  • “The launch of Mackenzie Corporate Knights Global 100 Index ETF on the NEO Exchange is a proud occasion for Mackenzie,” said Luke Gould, President and CEO, Mackenzie Investments.
  • “NEO is not only a champion of the Canadian ETF industry, it also shares our values of actively working toward a better tomorrow.

IGM Financial, a Member of the Power Corporation Group of Companies, Making Long-Term Strategic Investment in Rockefeller Capital Management; Becomes Shareholder Alongside Majority Investor Viking Global Investors

Retrieved on: 
Monday, April 3, 2023

Rockefeller Capital Management today announced a minority investment in the company by IGM Financial Inc. (“IGM Financial”), a member of the Power Corporation of Canada (“Power Corporation”) group of companies.

Key Points: 
  • Rockefeller Capital Management today announced a minority investment in the company by IGM Financial Inc. (“IGM Financial”), a member of the Power Corporation of Canada (“Power Corporation”) group of companies.
  • “We are very pleased that IGM Financial is becoming a strategic investor in the firm, alongside Viking Global Investors, our founding majority investor, and the Rockefeller family,” said Gregory J. Fleming, President & CEO of Rockefeller Capital Management.
  • In addition, as part of this transaction, the Rockefeller family is increasing its investment in Rockefeller Capital Management.
  • “We are thrilled and enthusiastically support this coming together of Power Corporation, IGM Financial, Rockefeller Capital Management, Viking Global Investors, and the Rockefeller family,” said Paul Desmarais Jr. and André Desmarais, Chairman and Deputy Chairman, respectively, of Power Corporation.

Canadian ETF Association Closes the Market

Retrieved on: 
Thursday, March 30, 2023

TORONTO, March 30, 2023 /CNW/ - Michael Cooke, Mackenzie Financial, and representatives of the Canadian ETF Association (CETFA), joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market in celebration of the growth of the ETF in Canada and CETFA's over 10 years of commitment to the Canadian ETF industry.

Key Points: 
  • TORONTO, March 30, 2023 /CNW/ - Michael Cooke, Mackenzie Financial, and representatives of the Canadian ETF Association (CETFA), joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market in celebration of the growth of the ETF in Canada and CETFA's over 10 years of commitment to the Canadian ETF industry.
  • The Canadian ETF Association is the only ETF Association in the world with the mandate to support the growth, sustainability and integrity of Canada's ETF industry.

IG Wealth Management Announces Changes to Fund Line-up to Deliver Enhanced Diversification Benefits to Clients

Retrieved on: 
Tuesday, September 20, 2022

Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments.

Key Points: 
  • Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments.
  • Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer.
  • Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of advisors located across Canada.
  • IGM Financial is one of Canada's leading diversified wealth and asset management companies with approximately $247.2 billion in total assets under management and advisement as of August 31, 2022.