Equity funds see monthly sales rise
Glen Gowland, chairman, Investment Funds Institute of Canada (IFIC), discusses industry consolidation due to rising regulatory costs, the impact of CRM 2 on access to advice and the future of the regulatory framework in Canada. He spoke with Jade Hemeon, senior reporter with Investment Executive, at the 2013 IFIC Annual Leadership Conference 2013 in Toronto.
There’s a need to study how these changes would affect clients’ access to advice, IFIC chairman says
Industry supports over 192,000 jobs
IFIC launches new website
Confidence in mutual funds remains high
Senior execs from international fund associations will talk about recent regulatory and market-generated changes in their jurisdictions
Net sales of equity funds revised higher
Total mutual fund AUM rose to $924.4 billion in July 2013
Long-term sales top $31 billion for the first half of 2013