The shift to passive management reflects these investments’ technological superiority for retail investors, not market conditions, new report suggests
The consolidations will occur at the close of trading Jan. 25
The alliance “will expand their ETF businesses in Canada beyond what each would have achieved individually,” report states
The strategic alliance between the two asset-management giants will feature 150 ETFs with a combined $60 billion in AUM
The company will terminate one of the ETFs on which it’s raising the risk rating
Conversions will bring lower management fees
New funds subadvised by SIA Wealth Management feature ETF series
New multifactor ETF subadvised by Dimensional Fund Advisors Canada ULC and DFA Australia Ltd
Canadian ETFs had total net inflows of $2.1 billion in the month as investors moved back to Canadian-focused ETFs
New funds will invest in established gold and utility issurers