Growing economic, sector, demographic challenges weighing on pensions
Structure could be more widely adopted, allowing efficiency gains
U.K. regulator consults on reforms to support fund industry innovation
Despite challenges, sector's results remain solid, growth prospects bright
Morningstar study analyzed more than 57,000 new funds worldwide in eight-year period
Expanded fund reporting requirements to take effect in 2026
Flows into low-cost vehicles far outpaced mutual funds over the past decade: Morningstar
Money market ETFs, tokenization threatening to shake up sector
Plus, fund launches from RBC iShares, Manulife; multiple firms announce fund changes
Research finds that active funds underperformed between 2019 and 2023