Brookfield Asset Management named Connor Teskey chief executive officer, marking the final step in Bruce Flatt’s long-held plans to replace himself at the helm of the $1 trillion asset manager.

Buyout heavyweights are increasingly resorting to the old-fashioned way of making money — actually running the companies they’ve bought.

Canada is registering more and more ETFs each month, rapidly expanding offerings in a market where the average fund is roughly a 10th the size of its U.S. counterpart. Newfangled funds -- not least those pegged to Bitcoin -- are responsible for some of the glut as Toronto upholds its mantle as an industry laboratory.

With some countries in Asia starting to frame Covid-19 as a disease that needs to be managed rather than stamped out, there’s hope 2021 may not be the total travel writeoff feared a few months ago.