Investments

Risk rating lowers for emerging markets

Increased confidence in emerging market investments was underlined today by Excel Funds Management’s announcement that it has reduced the investment risk rating for two of its newest funds. Bhim D. Asdhir, president and CEO of Excel Funds Management, explained that the change “recognizes the fact that the ratings of emerging market sovereign and corporate debt […]

By Staff |March 7, 2011

2 min read

U.S. debt fight may spook markets

Earlier this week the U.S. Treasury revised its estimate for when Washington will hit the $14.294 trillion statutory limit on government borrowing. The limit is now expected to be reached between April 15 and May 31, having previously been pegged at April 5 to May 31. The announcement was accompanied by the usual dire warnings […]

By Dean DiSpalatro |March 4, 2011

4 min read

Emerging markets expert leaves Excel

In the second major development in emerging markets money management in less than two months, veteran money manager Gavin Graham has left his contractual arrangement as Global Strategist with Toronto-based Excel Funds Management.

By Al Emid |March 3, 2011

2 min read

Turmoil boosts Canadian-focused funds

The political upheaval that has swept across North Africa and, to a lesser extent, the Middle East, has stifled returns in foreign equity fund categories, while Canadian investments have benefited from surging resource prices, according to Morningstar Canada. When international tensions mount, there’s usually an upside for gold. February followed the historical pattern—bullion topped $1,400 […]

By Steven Lamb |March 2, 2011

2 min read