“It is impossible to answer this question at this point,” admitted the Ministry of Economic Affairs The newspaper wanted to know how many millions of dollars in public money Quebec could lose by restructuring the textile company Duvaltex. In three years (from 2018 to 2021), Duvaltex and its subsidiary Armfoam received loans worth $42 million … [Read more…]
About $53 billion. This is the colossal sum that the Caisse de dépôt et Placement holds in private funds. However, it is impossible to know which companies the money ended up with. • Also read: We secretly invested $1.5 billion of our money • Also read: Foreign managers help the fund The institute flatly refuses … [Read more…]
More and more mutual funds are switching to exchange-traded funds, which experts say is a positive trend for investors. According to Morningstar Direct, there have been more than 70 mutual fund-to-ETF conversions since the start of 2021, including nearly three dozen in 2023, and experts expect more conversions to come. “It’s steadily increasing year over … [Read more…]
A major Swiss bank admits it worked with U.S. taxpayers and others to hide more than $5.6 billion from the Internal Revenue Service. Banque Pictet, the private banking arm of the Pictet Group, has agreed to pay around $122.9 million in restitution and penalties in an agreement with prosecutors. If the bank complies with the … [Read more…]
INSCMagazine: Get Social! Deciding where to invest your money is a significant choice, and the array of options available can be overwhelming. Two popular choices for investors are mutual funds and direct stock purchases, particularly when considering established companies like Titan. In the following sections, let’s delve into the advantages and disadvantages of each to … [Read more…]