Industry

Do not mistake illiquidity for alpha

While many may have doubted the significant risk associated with liquidity in global (and domestic) financial markets — in relation to other types of risks, such as value, market or credit risk — the fallout from last year’s sub-prime crisis has prompted a thought conversion. One of the leaders in this change of thought is […]

By Romana King |June 20, 2008

4 min read

Emerging markets ideal for strategic allocation

Emerging market equities remain one of the best sectors for long-term performance, says a global investment strategist for one of the world largest institutional investment firms. Possibly even more important for investors, the volatile nature of the asset class is expected to decrease over the long term. George Hoguet, managing director and global investment strategist […]

By Mark Noble |June 20, 2008

6 min read

Supreme Court sides with BCE

The BCE Inc. takeover has been given the green light by the Supreme Court of Canada. A panel of seven judges voted unanimously to overturn the Quebec Court of Appeal’s decision against privatizing BCE, thereby approving the Ontario Teachers’ Pension Plan’s $35-billion acquisition of the Montreal-based company. “We are pleased with the Supreme Court’s decision […]

By Staff |June 20, 2008

2 min read

CIBC snaps up Golombek

CIBC has appointed Jamie Golombek to the role of managing director, tax and estate planning for its retail markets division, effective July 14. In the new role, Golombek will be working with advisors from CIBC’s various lines of business, including CIBC Private Wealth Management, Wood Gundy, Imperial Service. His loyal readers can take heart, though […]

By Steven Lamb |June 19, 2008

3 min read