Insight Investment Funds Report October 2023—Distributors React to a Changed Environment

Across distribution channels, investment fund sales remained subdued throughout the first nine months of the year. The top-line figures, however, mask the fact that a significant asset reallocation is taking place in both advice-based and self-directed conduits. Fund mandates connected to income generation, including fixed income, money market, covered-call strategies and alternative income have been trending over the period. But there is more than an asset reallocation at play here.

The October Insight research feature looks at the state of wealth distribution in Canada, with a focus on how different distribution channels are using new and increasingly specific investment funds mandates. The Trendlines article explores how the recent rise in term deposits is set to evolve over the coming quarters, posing a challenge and opportunity to asset managers.