Canadian Dealer Updates for Managers: Product Approvals, KYP due diligence, Risk Ratings, Allocation Limits and more
Given the recent Client Focused Reforms implementation, hear directly from IIROC dealers on their current internal processes with respect to fund approvals, platform access and initial/ongoing fund due diligence for hedge funds, private credit funds and liquid alternatives. Key topics to be addressed in this Q&A session include:
- Trends in alternative fund flows & ESG fund flows
- New fund approval process for platform access and differences for new/existing managers and by asset class/strategy
- Expectations for initial/ongoing due diligence materials at head office and at advisor level
- Alternative allocation limits and differences for discretionary advisors or SMA/UMA platforms
- Risk rating process for alternative funds
- Recommended list status for alternative funds
- Internal proficiency requirements re: alternative funds?
- Advice for managers to best engage with IIROC dealers and support their advisors
Agenda:
- 11:00 am Update by Naveed Mohammed
- 11:20 am Update by Derek Lovett
- 11:40 am Update by Jon Vapsva
Speakers:
- Naveed Mohammed, CFA, CAIA, Vice President & Head of Investment Manager Research, BMO Nesbitt Burns
- Derek Lovett, CFA, Vice President, Portfolio Solutions, Canaccord Genuity Wealth Management Canada
- Jon Vapsva, CFA, Executive Director, Investment Funds, CIBC Private Wealth Management