Inside the Market’s roundup of some of today’s key analyst actions

With retail investors continuing to participate in “the strong market performance,” TD Cowen analyst Graham Ryding expects the third-quarter results from Canadian asset managers to display notable inflows, leading him to raise his assets under management forecasts as well as earnings expectations.

" Sustained momentum in equity markets and the trend of lower interest rates are supporting flows into Canadian long-term mutual funds and ETFs,“ he said. ”$81-billion of ETF flows year-to-date (as of Sep-25) compares well to $47-billion year-to-date in 2024, while $23-billion into mutual funds year-to-date is a strong improvement from $1-billion year-to-date in 2024. The 21-per-cent flows rate (annualized) for ETFs is slightly

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