IN THE NEWS

In an article published by Insurance Business Canada, CNA’s Rachel Firestone discusses the volatile market and period of rapid change faced by asset managers and the subsequent challenges as a result.

Asset management in Canada is in a period of rapid change due to macro economic developments like rising interest rates and inflation, the fallout from the COVID-19 pandemic, shifting investor preferences, regulatory developments and advancing financial technologies companies and cryptocurrencies. 

In 2021, Canadians saw the highest rate of inflation since 1991, as the market contended with the COVID-19 pandemic, supply chain disruptions, volatile energy prices, rising housing costs, and more frequent and severe weather events. 

For more information and personal insights, read the full feature: ‘Asset managers face myriad of disruptive forces and regulations’ published in Insurance Business Canada.