The State of the Union of Canadian Funds industry
This two-report research bundle provides US and global asset and wealth managers with a one-stop, authoritative reference source for understanding the key trends and evaluating sub-advisory opportunities in the Canadian fund marketplace.
Insight 2016: Canadian Investment Fund Industry Review by Investor Economics
As clocks struck midnight on New Year’s Eve, 2015, the markets’ mixed—at best—performance of the concluding year left many Canadian fund industry executives with pangs of anxiety about the future. Not only were domestic equity markets largely uncooperative in 2015. Despite robust fund flows, a busy regulatory pipeline and intense competition—including from the nascent robo-advisors and the passive end of the fund shelf—translated into pressure on fees and value propositions.
The inaugural research feature of Insight every year presents a review of the key issues underpinning the development of the investment funds industry in Canada. The analysis is as much about the recent past and current environment, as it is about the future.
Mutual Fund Sub-advisory Research by Investor Economics
The mutual fund sub-advisory business in Canada, which currently accounts for nearly $200 billion in assets, is under pressure on multiple fronts. Fee compression and the push by fund manufacturers to become more vertically-integrated by moving asset management in-house are two key trends affecting virtually all firms operating in the segment. But, despite these challenges, the Canadian sub-advisory space remains an attractive outlet for US and global asset managers looking to leverage existing money management capabilities in the Canadian investment fund marketplace where demand for foreign mandates is on the rise.
This issue of Insight examines the state of the mutual fund sub-advisory business in Canada and discusses the key trends, challenges and opportunities impacting both sub-advisors and the mutual fund managers who use sub-advisors. For more information contact Daniel Bederman at Daniel@iei.ca.