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TORONTO, Oct 10 - Bank of Nova Scotia and Sun Life Financial's asset-management division are partnering to tap into the demand from wealthy Canadians looking to invest in private credit, the firms said on Tuesday.
At the same time, affluent Canadian investors are increasingly looking for alternative investments as they look to add new sources of yield and return. More private capital providers and traditional banks are looking to offer credit to companies and consumers since the global financial crisis as heightened regulation and higher costs weigh on banks' lending and services businesses.
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Scotiabank, Sun Life partner to help wealthy Canadians invest in private creditBank of Nova Scotia and Sun Life Financial's asset-management division are partnering to tap into the demand from wealthy Canadians looking to invest in...
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Home | Ottawa Sun Home Page | Ottawa SunRead latest breaking news, updates, and headlines. Ottawa Sun offers information on latest national and international events & more.
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