Market Insights

Decorative pattern

Market Insights

Get productive

Magazines have a long lead time. When we agreed to do this article, the GTSX was over 14,000 points and rising, and it was expected Canada might skirt the U.S. recession with minimal damage. A 40% decline in stocks worldwide was on no one’s radar. Good-quality stocks that paid a 3% dividend a year ago […]

By David Christianson and Daryl Diamond |December 1, 2008

10 min read

Decorative pattern

Market Insights

Manager of the year

Gerald Coleman, Morningstar Canada’s 2008 Manager of the Year, is in a buying mood. The founder and head of the Harbour team of managers at CI Investments Inc. has a long history of letting cash pile up when he can’t find any investment opportunities to his liking. But increasingly, the price is right for Coleman, […]

By Diana Cawfield |December 1, 2008

3 min read

Decorative pattern

Market Insights

Analyst report

Hanif Mamdani, lead manager of PH&N High Yield Bond, attempts to mitigate the inherent peril of high-yield bonds by focusing on the area of the credit spectrum where “junk” meets “investment grade.” There are significant risks in the fund right now, stemming from the point we’re at in the credit cycle, and the nature of […]

By Al Kellett |December 1, 2008

3 min read

Decorative pattern

Market Insights

Institutional replication could smooth returns

One of the key highlights from this downturn may very well be the performance difference between portfolios modelled after a traditional asset allocation mix, and those that emulate an institutional asset mix. Advisors may have to take a hard look at their client asset allocation and consider emulating institutional portfolios. For almost 30 years, the […]

By Mark Noble |November 18, 2008

5 min read