Termination of Opus 2 Funds
Unitholders may switch to Emissary Funds
- By: IE Staff
- September 10, 2003 September 10, 2003
- 11:20
Unitholders may switch to Emissary Funds
Reminds delegates of importance of fund value proposition, advantages of independent managers
Insurer on drive to become major distributor of mutual funds
Deal expected to close by month end
Venture capital fund mangers join forces
Industry assets rise for fifth-straight month
45 funds merged
Tapestry portfolios can employ hedge funds
New filings capitalize on growing sector
But not enough to push up markets
Reduce Assante holdings says analyst
Some mutual funds also being merged
Changes pending approval in October
Will operate Assante Canada as a separate entity
Fund closes to new purchases on August 28
Reps prohibited from extending credit to clients
Payments not required to flow directly to reps
Majority of fund groups show positive one-year returns
Investors favour dividend funds
Insurer to offer own family of funds
Index includes Canadian component
Arrow Epic Capital Fund closed to new investors
Family of funds now includes 24 load versions
New name for 1 World Portfolios
Consolidating subsidiaries into new company, taking stake in Fiera International Inc.