The new alternative mutual funds draw on the strengths of Lawrence Park Asset Management, Marret Asset Management and Munro Partners
The firm is taking over as custodian to three liquid alt funds Picton Mahoney added to its lineup in late September
The CSA is focused on introducing greater investor-protection rules while planning to eliminate some of the unnecessary rules and requirements mutual funds face
CIBC Multi-Asset Absolute Return Strategy features $500 initial minimum investment
The new funds are based on the CSA’s alternative funds framework
Amendments rename commodity pools, and permit the funds to use leverage, both directly and indirectly
Retail investors gain access to the firm’s alternative investing strategies
Six funds now available to advisors and their clients
Proposals would make alternative investments more accessible
Amendments to NI 81-102 that are likely to be adopted this year would provide advisors with an intriguing new category of products to offer clients