Lower profit margins, increased demand for transparency will prompt business model rethink
Three plaintiffs have signed conditional settlement agreements with three fund companies
Angoss Software’s FundGuard now used by firms with over $1 trillion AUM
Funds would aim to provide returns in line with ETF returns
Relief from OSC subject to certain conditions
New measure an assessment of a company’s commitment to unitholders’ best interests
Firm says demand from advisors played a major role in its decision to return to producing funds
Headrick to lead new venture
Firms vulnerable to any renewed market downturn