RBC GAM and BlackRock say their alliance will be good for the industry. But what about the smaller players?
The alliance “will expand their ETF businesses in Canada beyond what each would have achieved individually,” report states
National Bank analysts say the new brand represents an “alignment of capabilities”
The strategic alliance between the two asset-management giants will feature 150 ETFs with a combined $60 billion in AUM
BlackRock’s systemtic active equity team will bring expertise to iProfile International Equity Pool/Class
The actively managed ETF will use interest rate derivatives that seek to mitigate the effects of interest rate fluctuations
Demand for the units has fallen significantly in recent years
The actively managed mandates focus on fixed-income, U.S. mid-cap equities and global financial services firms
Investors can sell or wait to collect the liquidation proceeds in September
The new ETFs offer investors choice between Canadian, U.S., and global portfolios