Mutual fund sales weak, but assets, ETF sales stay solid, IFIC reports
The Canadian Investment Funds Standards Committee has released a draft identification framework for ESG funds that will be operational before the end of 2022
ETF assets were flat and mutual fund assets fell, according to IFIC's monthly report
Temporary relief aims to help firms implement new rules on June 1
New funds target Canadian banks, U.S. tech behemoths, green property and renewable infrastructure
Russia constitutes about 3% of MSCI's emerging markets benchmark
The potential removal of Russian listings from MSCI indexes would challenge the fund industry
Some European funds suspended redemptions amid a liquidity crunch, Fitch reports
ETF sales up in January, mutual funds down as markets swoon
A total of 386 funds received the firm's FundGrade A+ award