Plus, Forstrong releases its first ETFs
Plus, asset managers continue corporate-class windup
Regulatory risks and distribution challenges have led to new money-market funds
Plus, Fidelity partners with Brookfield on private real estate
Evolve is winding up a real estate fund launched last year
Plus, Purpose adds another U.S.-dollar cash fund
Canada Life product addresses insurance-trafficking concerns that have previously dogged donations of life insurance
Only certain investors will have access to the fund, which comes with redemption limits and performance fees
Leverage, disruptive tech, ESG and a series of firsts marked 2022 launches
Data from Morningstar Direct shows that more than 2,000 U.S. mutual funds closed over the past 10 years