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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?

Originally published on Advisor.ca

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