Canadian Fund Firm Mackenzie Cuts Portfolio Managers to Trim Costs

Canadian fund manager Mackenzie Investments has laid off a number of portfolio managers as part of a broader restructuring, according to people familiar with the matter.

By Layan Odeh, Chunzi Xu, Paula Sambo, Melissa Shin · Bloomberg Markets

Canadian fund manager Mackenzie Investments has laid off a number of portfolio managers as part of a broader restructuring, according to people familiar with the matter.