Evolve has announced it is closing two funds
ESMA released a new stress-testing framework on Thursday
The firm also announced two fund mergers, and new investment objectives for another fund
Changes include fund mergers, reduced risk ratings and new investment objectives
Experts share their insights
Certain series will terminate in October
Glowing returns of U.S. equity funds so far this year reflect an upward shift in investors' spirits after the dismal fourth quarter of 2018
If approved, the changes will be effective in July
Agency concerned about "increasing liquidity mismatches and credit risk"
The value of debt securities issued by Canadian corporations and governments was $4.2 trillion at the end of Q3 2018