Invesco Canada Ltd.’s new head of ETFs, Pat Chiefalo, has spent his first year on the job trying to figure out how to keep investors from walking out the door.
During that time, the company retired the PowerShares brand, underwent several leadership changes and saw hundreds of millions in ETF redemptions. Even as ETF sales in Canada hit a record of $53-billion last year, Invesco slipped to 10th place in league tables.Almost a year into his tenure, Mr. Chiefalo, who was formerly head of BlackRock’s iShares Canada and is now also Invesco’s head of index strategies for Canada, has plans to turn that around.
ESG funds currently make up 2.8 per cent of the total of $323-billion in ETFs in Canada. Aside from a slight lull in 2019, ESG ETF investing has been rising steadily since 2017. The number of ESG ETFs doubled from around 50 in 2020 to more than 100 in 2021, according to a recent report by National Bank Financial.
Invesco Canada entered the ESG ETF space in 2020 with two funds that track indexes developed by S&P Dow Jones indices: the Invesco S&P 500 ESG Index ETF and Invesco S&P/TSX Composite ESG Index . The company also launched an actively managed fixed income ESG ETF.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Zealand PM Jacinda Ardern postpones wedding amid new Omicron restrictionsNew Zealand is imposing mask rules and gathering limits after it detected a cluster of nine Omicron cases, which showed community transmission of the virus As an Albertan, can I claim refugee status? Please!!! 15 Highest paid world leaders and presidents in 2021 - Annual salary - age of course she does
Source: globeandmail - 🏆 5. / 92 Read more »
New Zealand adds new COVID-19 restrictions as Omicron spreadsNew Zealanders are set to face new COVID-19 restrictions after nine cases of the Omicron variant were detected in a single family that flew to Auckland for a wedding earlier this month, Prime Minister Jacinda Ardern announced Sunday. She is a true leader. fordnation celliottability True leader huh? Where's the money coming from Jacinda? Tell us how in details with documents I'll wait.
Source: CTVNews - 🏆 1. / 99 Read more »
New Zealand prime minister postpones wedding after announcing new COVID-19 restrictions | CBC NewsNew Zealanders are set to face new COVID-19 restrictions after nine cases of the omicron variant were detected in a single family that flew to Auckland for a wedding earlier this month, Prime Minister Jacinda Ardern announced Sunday. I wish there were more world leaders like her. Well at least we know Canada isn't the only country that the rest of the world are shaking their heads at...
Source: CBCNews - 🏆 2. / 99 Read more »
New Zealand PM postpones wedding after announcing new COVID-19 restrictionsNew Zealand Prime Minister Jacinda Ardern is postponing her wedding after announcing new COVID-19 restrictions Sunday following the discovery of nine cases of the Omicron variant in a single family that flew to Auckland to attend a wedding. It’s a hoax. Now, that's leading by example! Anyone check and compare Arden’s net worth from before she became New Zealand PM to after? Reportedly, her net worth was $800,000 when she said no forced vaccinations but jumped to $25,000,000 a year later, after changing her tune. All on a roughly $450,000 annual salary… 🤔
Source: CTVNews - 🏆 1. / 99 Read more »
Fitness: Six ways to improve your New Year’s exercise resolutionsfitness: 6 ways to improve your New Year’s exercise resolutions - via healthing_ca healthing healthing_ca Go to the gym… Oh wait
Source: nationalpost - 🏆 10. / 80 Read more »
Martha Stewart and Canopy Growth push the wellness envelope with new CBD topicals.MarthaStewart is undertaking her cannabis brand’s first-ever category expansion by launching a trio of CBD topical creams cannabis
Source: VancouverSun - 🏆 49. / 61 Read more »