CI’s Bushell: Active Funds at Risk of Being Forced Out of Market
Stock Chart for CI Financial Corp (CIX)
Underperforming active mutual funds will “bleed out” of the market, said Eric Bushell, chief investment officer with CI Investments Inc.
“There’s a big change that’s happening,” Bushell said today at the Bloomberg Canada Economic Summit in Toronto. “There are now more choices, and those folks who haven’t earned their fee are done.”
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