Latest news with #RobertTaylor
Yahoo
4 hours ago
- Business
- Yahoo
Canoe Financial announces changes to its mutual fund lineup
CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) -- Canoe Financial LP ('Canoe Financial') today announced changes to two of its investment funds. Fund name changes Effective June 20 2025, the following name changes will take effect: Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced Fund Canoe Canadian Small Mid Cap Portfolio Class will be renamed Canoe Fundamental Small Mid Cap Portfolio Class These changes reflect Canoe Financial's continued focus on clarity, precision and alignment between fund names and investment strategies. Canoe Fundamental Global Balanced FundThe new name reflects the fund's change in investment strategy to focus on fundamental, bottom-up security selection, in alignment with Canoe Financial's investment process. This change also removes the risk management overlay previously managed by Nalmont Capital Inc. ('Nalmont'). With the termination of the sub-advisory agreement with Nalmont, as it relates to Canoe Defensive Global Balanced Fund, Canoe Financial and Robert Taylor as its Chief Investment Officer, will be solely responsible for managing the fund's portfolio. Nalmont will continue to act as sub-advisor to Canoe Defensive Global Equity Fund, Canoe Defensive International Equity Fund and Canoe Defensive U.S. Equity Portfolio Class. Canoe Fundamental Small Mid Cap Portfolio ClassTo broaden the fund's opportunity set, the fund's investment strategy has been changed to increase the foreign equity exposure limit to 49%, up from its previous constraint of 30%. This change enhances the fund's ability to capitalize on attractive small- and mid-cap opportunities outside of Canada. The fund's new name reflects this added flexibility while maintaining its focus on high-conviction, actively managed small- and mid-cap equities. No changes have been made to the investment objectives of either Canoe Fundamental Global Balanced Fund or Canoe Fundamental Small Mid Cap Portfolio Class. About Canoe FinancialCanoe Financial is one of Canada's fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal. ContactCanoe Financial LP1-877-434-2796info@ Disclaimer Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Yahoo
6 days ago
- Business
- Yahoo
Canoe EIT Income Fund Announces June 2025 Monthly Distribution
CALGARY, Alberta, June 04, 2025 (GLOBE NEWSWIRE) -- Canoe EIT Income Fund (the 'Fund') (TSX - announces the June 2025 monthly distribution of $0.10 per unit. Unitholders of record on June 20, 2025, will receive distributions payable on July 15, 2025. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada's largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada's fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal. For further information, please contact:Investor Relations1–877–434– Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund's ability to generate future income. You should not draw any conclusions about the fund's investment performance from the amount of this distribution. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on before investing. Investment funds are not guaranteed and past performance may not be repeated. This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.
Yahoo
14-05-2025
- Politics
- Yahoo
Residents respond to Denka chemical plant suspending operations in St. John the Baptist Parish
ST. JOHN THE BAPTIST PARISH, La. (WGNO) — Many residents in the River Parishes are celebrating the news, Denka Chemical Plant is suspending services, citing rising costs, staffing and declining production volumes. 'We just have to be vigilant and be prepared to defend our lives against the atrocities that these people commit against us here in the Black community,' said St. John the Baptist Parish resident and Executive Director of the Concerned Citizens of St. John, Robert Taylor. St. John the Baptist Parish Denka location to suspend operations citing several factors Taylor says the production facilities along the river have changed the community. He references an Environmental Protection Agency visit back in 2016, where they explained how the chemicals can affect a person's health. 'They are dying from cancer. The respiratory illnesses that the government has shown us from their research are caused by their exposure to these chemicals. The disgust we felt, we found out about what those plants were doing to us,' said Taylor. Denka cites a $109 million loss due to inflation, but some residents think there's more to it. 'The EPA under the Biden Administration said that they have to reduce the chloroprene emissions because chloroprene is a known carcinogenic chemical. It's a win for the residents who live in the fence line of Denka,' said Shamell Lavigne with RISE ST. JAMES. The plant was originally operated by DuPont and was taken over by Denka in 2014. Orleans Parish Sheriff's Office warns of phone scam At the time, local and state officials hailed it as a great economic boost for the state. However, neighbors take issue with that and are calling out Parish President Jaclyn Hotard. 'It's an insult to the residents, to her constituents that live in Saint John the Baptist Parish who live within the fence line of Denka and, you know, $2 million is a drop in the bucket in revenue to the revenue that Denka has earned over the years while polluting the residents there,' said Lavigne. The Denka closure doesn't necessarily mean the plant will never reopen under new ownership. Residents say everyone involved now has a better understanding of the community's needs. WGNO reached out to Hotard for comment on Denka suspending operations but has not heard respond to Denka chemical plant suspending operations in St. John the Baptist Parish With Trump's backing, GOP pushes for sweeping crypto regulations Drug overdoses see major decline – except in these 2 states Louisiana tax preparer arrested in casino winnings fraud scheme He disappeared after leaving his University of Utah dorm in 1973. His remains were just identified Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
05-05-2025
- Business
- Yahoo
Town centre revamp works to press ahead
A revamp of parts of Rotherham town centre is under way after the council approved the final construction contract. The £4.1m scheme will see transformation work start at Riverside Gardens, Corporation Street, and Upper Millgate. Plans also include creating a new public space along the riverside, sprucing up Corporation Street, and improving the junction at Ship Hill. Councillor Robert Taylor, cabinet member for transport, jobs and the local economy, said it was "an exciting time for the town centre". The work, which is part of the Town Centre Masterplan, comes after a previous attempt to find a contractor failed, prompting the council to rethink its approach. The authority initially ran a tender process for just the Riverside Gardens element, but several firms pulled out, citing unclear risks and not enough design detail to offer a reliable price, the Local Democracy Reporting Service said. In response, the council switched to a two-stage design and build approach, working directly with contractor C R Reynolds to develop final designs and costs before construction begins. The Riverside car park has closed but alternative parking can be found nearby at Forge Island and the Scala car park. The council also has free parking for the first hour in council-operated car parks throughout the week, in addition to existing free weekend parking. Taylor said: "The project will also provide a green space for residents and visitors to relax in, with connections to the river and nature for families to enjoy." Listen to highlights from South Yorkshire on BBC Sounds, catch up with the latest episode of Look North Rotherham Metropolitan Borough Council Local Democracy Reporting Service
BBC News
05-05-2025
- Business
- BBC News
Rotherham town centre revamp works to press ahead
A revamp of parts of Rotherham town centre is under way after the council approved the final construction £4.1m scheme will see transformation work start at Riverside Gardens, Corporation Street, and Upper also include creating a new public space along the riverside, sprucing up Corporation Street, and improving the junction at Ship Robert Taylor, cabinet member for transport, jobs and the local economy, said it was "an exciting time for the town centre". The work, which is part of the Town Centre Masterplan, comes after a previous attempt to find a contractor failed, prompting the council to rethink its authority initially ran a tender process for just the Riverside Gardens element, but several firms pulled out, citing unclear risks and not enough design detail to offer a reliable price, the Local Democracy Reporting Service response, the council switched to a two-stage design and build approach, working directly with contractor C R Reynolds to develop final designs and costs before construction Riverside car park has closed but alternative parking can be found nearby at Forge Island and the Scala car park. The council also has free parking for the first hour in council-operated car parks throughout the week, in addition to existing free weekend said: "The project will also provide a green space for residents and visitors to relax in, with connections to the river and nature for families to enjoy." Listen to highlights from South Yorkshire on BBC Sounds, catch up with the latest episode of Look North
