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CI’s Bushell: Active Funds at Risk of Being Forced Out of Market

May 21 (Bloomberg) -- 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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To contact the reporter on this story: Katia Dmitrieva in Toronto at

To contact the editor responsible for this story: Steven Frank at

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