Five changes are coming to the S&P/TSX Composite later this month
The SEC alleged an undisclosed control feature led to stale index reporting
The addition comes as the firm seeks a tie-up with RF Capital
Most active managers underperformed amid extreme volatility
International equity managers fared the best, with almost half (46%) beating their benchmark
More than 75% of Canadian equity fund managers underperformed the S&P/TSX composite last year
Over a one-year horizon, the majority of active managers once again failed to beat their respective benchmarks
The indexing giant will no longer add companies that utilize multiple share class structures to the S&P 1500 and its component indices
More than 82% of dividend and income equity funds outperformed the S&P/TSX Canadian dividend aristocrats index in 2015
Benchmark captures companies that take a long-term approach in making business decisions