Meanwhile, the US market has welcomed a listing of an actively managed fund on private equity.

Toronto-based CI Global Asset Management (CI GAM) has launched the CI Structured Premium Yield Fund on Tuesday (28 January), an income solution designed to deliver the enhanced yields typically offered by structured notes. The mutual fund is designed to provide investors with regular distributions by replicating the outcome of an actively managed portfolio of diversified structured notes, primarily through investing in derivatives and/or structured notes that provide exposure to North American