Firms will see higher demand for their products as well as lower effective tax rates
Several key factors affected the relative returns of some mutual fund families
Charlemagne forms the basis of Fiera’s European division
MiFID II is likely to increase competition and drive consolidation
The purchase expands Sun Life’s wealth management business in Canada with a broader lineup of emerging market funds
The asset management firm paid $32 million in cash and shares to close the transaction
The names of 29 investment funds changed effective Dec. 15
The change reflects the industry’s success in adapting to product, cost and technology challenges, as well as rising demand in an expanding economy
The firm is entrusting Arup Datta, a well-known quantitative investor, to drive the new boutique and expand Mackenzie’s global business
City National Rochdale Emerging Markets Fund invests in quality companies in emerging markets