Rough Q2 for TSX and 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.

Also read:

Client dumps advisor over closet indexing

Is it getting harder to find alpha?

Have systemic risks to markets been tamed?

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.