Market Insights

Decorative pattern

Industry

No Olympic rally seen for South Korean stocks

Wednesday’s announcement from the International Olympic Committee that the 2018 Winter Games would be held in Pyeongchang, South Korea, is being heralded as a boost to the nation—at least in the Korean media. In terms of investment potential, however, the games will barely register. While large international gatherings can spur infrastructure investment in underdeveloped locales, […]

By Staff |July 7, 2011

2 min read

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Industry

RBC enters ETF market

Things are about to get very interesting in the Canadian exchange traded funds industry. RBC Global Asset Management has filed preliminary long form prospectuses with the OSC to launch its inaugural offerings in the ETF space. The bank-owned asset manager’s entrance to the market will consist of eight corporate bond ETFs. The funds start with […]

By Staff |July 7, 2011

2 min read

Decorative pattern

Industry

IPO market defies odds

Braving a string of economic uncertainties from Europe, the U.S. and Japan, the Canadian market for initial public offerings continues to flourish, according to the quarterly PwC survey of activity on Canadian equity exchanges. IPO activity in Canada picked up speed in the second quarter of 2011, but could have returned a better figure were […]

By Vikram Barhat |July 6, 2011

2 min read

Decorative pattern

Market Insights

The Weekly Pulse: Case for a can kicking

By all conventional measures Greece as a sovereign nation is insolvent and all efforts to prolong an inevitable default is in essence just kicking the can down the road. Equity and commodity investors breathed a huge sigh of relief this week as the Greek parliament voted on and passed contentious austerity legislation. The new rules cut wages, raise taxes, and privatize Greek institutions there by enabling the indebted nation to receive its next tranche of a EU and IMF orchestrated bailout.

By David Andrews |July 5, 2011

5 min read