Plus, why certain mutual fund managers are thriving in the U.S.
Reorganization accounts for draft legislation that will implement changes to the "allocation to redeemers" rules
Mutual fund assets rose by $9.5 billion to $1.57 trillion
Draft legislation concerning the “allocation to redeemers” methodology extends the capital gains-related timeline for ETFs
Fund will be available on the NYSE
The industry also directly employed 81,000 people
The rating for a global equity product will change this month
The new product invests in the CI First Asset ETF launched in June
Global bank and insurance index products will terminate in November
The products cover fintech, genomics, biotech, AI and robotics