News and resources for Canada's top financial advisors
Market Insights
Last month, we looked at some of the perils of leveraging, using actual market data starting in years 1990 and 1973. Of course, plucking two years out of history can’t reveal the entire picture, so let’s look at a cost versus benefit calculation for all years since 1900, using a leveraging calculator based on market […]
March 30, 2009
5 min read
By most accounts, the current financial crisis is epochal — the worst since the Depression. Still, it is a truism in asset management: look after the downside and the returns will look after themselves. But how well do asset managers look after the downside? In the current market meltdown, evidence of failure isn’t hard to […]
By Scot Blythe |March 27, 2009
3 min read
The world is in a deep global recession that’s expected to continue until at least the end of this year, but that doesn’t mean the markets aren’t rife with opportunity, according to the latest Global Investment Outlook by the country’s largest asset manager, RBC Asset Management. According to RBC’s 70-page spring investment outlook, authored by […]
By Mark Noble |March 12, 2009
While they’ve been around for just over two years, Guaranteed Minimum Withdrawal Benefit (GMWB) segregated funds have made a significant impact on the Canadian marketplace. The introduction of an investment vehicle that offers the opportunity to participate in investment markets while guaranteeing a stream of income for life has been so attractive to the marketplace […]
By Jason M. Pereira |March 1, 2009
The battle still rages between those who propose to “be” the market and those who prefer to “beat” it. But thanks to a deluge of new options, passive and active products can now co-exist in portfolios. And with the recent advent of index mutual funds designed specifi cally for the MFDA channel, those advisors now […]
By Preet Banerjee |March 1, 2009
7 min read
Equities rolled off a cliff last year, for the second time in a decade. And yet, stocks are still expected to deliver the best returns over the long haul — albeit muted returns compared to the blistering 1990s. That’s the conclusion of Elroy Dimson, Paul Marsh and Mike Staunton, researchers at the London School of […]
By Scot Blythe |February 19, 2009
Small caps fell harder and faster than large cap stocks in 2008. In fact, the definition of small cap itself is in question as valuations have plummeted to extreme lows. Yet, history suggests small caps usually have good performance during the early stages of a stock market recovery. A report released by Merrill Lynch on […]
By Mark Noble |February 18, 2009
It’s something every advisor knows and hopefully puts into practice: get your clients to establish an emergency bank account. From the 1970s through to the 1990s, this was a no-brainer, as interest rates were relatively good on the usual savings vehicles — high-interest savings accounts and Canada Savings Bonds. But in the last decade or […]
By Janet Freedman |February 10, 2009
4 min read
During recessions and market downturns, homeowners often take comfort in their biggest investment asset: their home. But should they? With spending and investing on many people’s minds these days, home prices, and the widespread conviction that investors never lose money on a house purchase, are being tested. As with much in life, the value of […]
By Scot Blythe |February 10, 2009
This year’s federal budget was not obviously aimed directly at financial advisors and their clients. There’s nothing comparable to measures we have seen in recent budgets such as pension income splitting in March 2007 or the tax-free savings accounts announced last February. Nevertheless, there are aspects of the 2009 budget that we should be thinking […]
By Peter Drake |February 3, 2009
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