The TSX had a rough Q2, and so did most active managers.
The TSX had a rough Q2, and so did most active managers.
The median large-cap investment manager in Canada returned -1.4%—gross of fees—for the second quarter of 2015, according to Russell Investments Canada’s Active Manager Report, which is based on a quarterly survey of roughly 155 institutional money manager products.
That’s 0.2% better than the S&P/TSX Composite Index, which fell 1.6% in Q2.
Read the full report here.
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