CSA, CCIR propose new cost reporting requirements for investment and seg funds
Active equity and bond funds generally outperformed passive funds for the year
VC firm charged 10 years of fees upfront, drawing investors ire
Portfolio advisory changes to certain equity funds have also been announced
The bank also proposed changes to the investment objectives of two ETFs
A report for the MFDA uses behavioural insights to recommend expanded cost reporting
An FCA review has found fund managers' self-assessments are sadly lacking
At a joint meeting, regulators focused on harmonizing total cost reporting for mutual funds and seg funds
The fund will now use a proprietary factor model to minimize volatility
The company also announced fee reductions for three other funds