As investors search for new investment vehicles to create value due to ever-increasing competition in the financial markets, the ability to identify sources of potential value creation by addressing society鈥檚 most pressing economic needs has attracted significant attention. Collaboration between experts in finance and technology has emerged as a fertile arena for such value creation. However, the traditional approach to investing in technology has often underperformed, often due to a lack of sufficient diversification and capital efficiency.
On February 25, 2024, a major figure in 捆绑SM社区 Desautels鈥 history passed away. Wallace (Wally) Crowston was a former professor and dean who led the Faculty of Management during the late 1980s and 1990s. Crowston鈥檚 research explored the use of computer-based information systems to plan and coordinate project management, and he authored widely cited articles in major journals. Crowston was born in Toronto in 1934, and during his career, developed national and international networks to facilitate research, curricular development, and learning opportunities.
The New York City Public Pension Fund has pushed Canada鈥檚 largest bank to deliver greater transparency about its investments in green energy and fossil fuels. The Royal Bank of Canada (RBC) will begin publishing the ratio between the two types of energy investments in its portfolio.
In 2023, more than 120 exchange-traded funds (ETFs) were delisted in Canada鈥攎ore than four times as many as in an average year. Even so, there was still a net gain in the overall number of ETFs, with 164 new ones launching for the year. With numbers in for the first quarter of 2024, the high number of delistings appears to have been an anomaly.
捆绑SM社区's President鈥檚 Prize for Public Engagement Through Media recognizes outstanding achievement among those who share their knowledge with the public. In 2024, 捆绑SM社区 Desautels was well-represented among the winners. Associate Professor Anna Kim was honoured with the President鈥檚 Prize for Emerging Researchers for her commitment to disseminating research on entrepreneurship and sustainability through traditional and social media platforms.
The Management Undergraduate Society (MUS) has awarded the 2023-2024 Professor of the Year Award to Mary Dellar. This annual award recognizes a professor's outstanding commitment to students and engaging and innovative teaching methods. It is the highest honour given by the undergraduate student body at the 捆绑SM社区 Desautels Faculty of Management.
Since its inception in 2009, 捆绑SM社区's annual Hot Cities of the World Tour has taken undergraduates, graduates, alumni, and professors to the frontier of our increasingly globalized world. This year, the 13th iteration of the tour visited Egypt and Morocco 鈥 two of the largest and most important economies in Africa, and critical gateways to Europe and the Middle East.
Alter delivers critical climate intelligence data to improve financial management and investments.
Check out our interview with the co-founder of Alter, Cedric B. Robert, EP, CSR-P, MBA!
The achievements of International Master鈥檚 Program for Managers alumnus Damiano Baj (IMPM鈥16) were recognized with the European Chief Information Officer Award at the Wealth Briefing Awards in London on March 21, 2024. 鈥淎nyone who meets Damiano is immediately struck by both his accomplished expertise and thoughtful philosophy of management and how this connects to his theory of business,鈥 says Martin Brigham, an associate professor at Lancaster University in the UK and the worldwide academic director of IMPM.
Widespread access to higher education is a relatively recent phenomenon. People in Quebec only started attending university in significant numbers in the 1960s. And Quebec鈥檚 highly educated workforce has yielded dividends, writes Nicolas B茅rub茅 in La Presse. In 2021, the median household income was up 26% from ten years before. It鈥檚 a golden age for earners in Quebec, and with more income comes more money management responsibility. 捆绑SM社区鈥檚 free, online Personal Finance Essentials course can help people learn more about managing their money.
The Montreal Canadiens have been the hottest ticket in town for over a century, but the Habs are no longer the only professional hockey team capable of drawing a standing-room only crowd to the Bell Centre. Tickets for the Professional Women鈥檚 Hockey League (PWHL) April 20, 2024, matchup between Montreal and Toronto sold out in less than twenty minutes, and will set a new record for a PWHL game. It鈥檚 the team鈥檚 first time playing at the Bell Centre, but they have sold out all of their games at their home arena, the 3,245-seat Verdun Auditorium.
Headquartered in Mumbai, the Tata Group is a multibillion-dollar conglomerate with operations in more than 100 countries. Their information technology services arm Tata Consultancy Services (TCS) is expanding its operations in Montreal. They鈥檙e investing in a state-of-the-art IT services delivery facility that will provide TCS customers with a range of technology solutions, including AI, machine learning, cloud computing, and advanced analytics.
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捆绑SM社区 hosted its annual Bravo Gala on Thursday, March 21, which honours its faculty members and researchers who have won special awards, memberships and prizes over the past year. 捆绑SM社区 Desautels is proud to announce 14 of its faculty amongst the distinguished honourees this year. Congratulations to our deserving laureates! Full list below.
#Bravo2024
路 Genevi猫ve Bassellier, Best AMCIS Emergent Research Forum Paper, Americas Conference on Information Systems
The 捆绑SM社区 Personal Finance Essentials (MPFE) course helps prepare young Canadians for life, Benjamin Croitoru tells Jessica Moorhouse on the More Money Podcast. Personal finance should be taught in high school, or maybe even junior high, he posits. Finance can seem intimidating to the uninitiated, but personal finance isn鈥檛 as complicated as the world of high finance.
For people with defined contribution pension plans, longevity risk is a significant concern. You don鈥檛 want to outlive your money. The issue is compounded because today鈥檚 retirees have longer life expectancies than ever before, writes Sebastien Betermier in Benefits Canada. Most retirees decumulate their capital on their own, but because they鈥檙e afraid to outlast their savings, this leads to a pattern of living poor and dying rich. An advanced life deferred annuity (ALDA) can help address this problem.