7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...

CEO of Horizons ETFs announces retirement

Steve Hawkins at the Horizons ETFs office in Toronto on Oct. 29, 2020.Fred Lum/Tausi Insider

Steve Hawkins has unexpectedly stepped down as president and chief executive officer of Horizons ETFs Management (Canada) Inc. after seven years at the helm of one of Canada’s largest exchange-traded fund providers.

On Tuesday, Horizons ETFs, a subsidiary of Seoul-based Mirae Asset Financial Group, announced Mr. Hawkins’ retirement, effective immediately. Mr. Hawkins, who has been with the company for 15 years, will be replaced on an interim basis by Horizons ETFs’ chief operating officer Jasmit Bhandal.

In a statement, the company said the board intends to begin a global search for a permanent president and CEO, while Mr. Hawkins has agreed to “assist” in the transition and act as an adviser to the new leader.

The company and Mr. Hawkins, 54, declined to comment.

With more than $21-billion in assets in 107 investment funds, Horizons is Canada’s fourth-largest ETF provider. The company is well-known by investors for its actively managed ETFs, a group of funds that is one of the largest in the country with about $4-billion in assets.

As well, the company gained popularity with its BetaPro funds, a group of leveraged and inverse investment strategies aimed at more experienced investors.

Under Mr. Hawkins’ leadership, the company launched the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ), the world’s first cannabis exchange-traded fund in 2017. At the height of the cannabis boom, HMMJ hit $97.40 before falling sharply, closing at $14 on Tuesday.

In 2020, Mr. Hawkins played an integral part in conducting a complete overhaul of Horizons ETFs’ business model. With half of the company’s assets in tax-efficient investment funds, Mr. Hawkins had to act quickly to develop new investment funds when the 2019 federal budget revealed that the Canada Revenue Agency was going to crack down on tax deferral strategies.

In 2019, the industry veteran of more than 20 years was appointed to a two-year term as chair of the Canadian ETF Association, of which he remains a board member.

https://www.tausiinsider.com/ceo-of-horizons-etfs-announces-retirement/?feed_id=333155&_unique_id=64751b93e26da

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