The shift to passive management reflects these investments’ technological superiority for retail investors, not market conditions, new report suggests
Eighteen funds added today
EU regulator says fees ate up 25% of retail investors’ returns
Research suggests innovation and negotiation will play a larger role in lowering costs for clients
Despite redemptions, industry assets rose by $15.5 billion
Lower management fees for imaxx Short Term Bond Fund and imaxx Canadian Bond Fund
New ratings will take effect in January
The firms are also launching a new mutual fund family
Travis Goldfeldt will take over lead manager duties from incoming Mawer president Craig Senyk
Conversions will bring lower management fees