Reid Baker, Manager, Analytics and Data at Fundata Canada, has been elected as Chair of the Canadian Investment Funds Standards Committee (CIFSC) for the coming year, effective 1 January.
Brian Bridger, Director, Analytics and Data at Fundata Canada will remain the committee's Vice-Chair.
The CIFSC consists of representatives from leading Canadian investment fund data publishing and analysis firms, consultants and other industry participants (excluding fund managers and distributors) who build and maintain the leading Canadian standardised investment fund category system used by investors, advisors, institutions, and media channels across Canada. The Standards Committee oversees the system, regularly monitoring the classification scheme to make adjustments when necessary, with input from national industry participants.
"With the Canadian fund industry at well over CAD1 trillion in assets under management, the work of the Canadian Investment Funds Standards Committee in setting, applying, and maintaining rigorous, objective category standards is more important than ever," says Baker. "I look forward to working with all committee participants in the coming year as we build on a productive 2014.”
