News and resources for Canada's top financial advisors
Market Insights
While in attendance of a presentation on a new issue that implemented a reverse dispersion equity collar on an energy stock portfolio, it struck me that this type of product can fit nicely into sophisticated client portfolios, but the mechanics of the collar are a bit beyond the basic option trading strategy. In order to […]
By Preet Banerjee |October 1, 2008
5 min read
Moving to the sidelines during frothy markets and capitalizing on downturns has paid off in the past for Francis Chou. While his deep-value approach is far from safe, we expect him to take calculated risks and we expect he’ll be able to navigate through this current crisis adroitly, which is why this fund is one […]
By Philip Lee |October 1, 2008
4 min read
Having experienced numerous cycles in his 43-year career, Richard Driehaus believes that the U.S. market is going through a painful consolidation phase that may be nearing an end. “We could be in the process of making a bottom,” says Driehaus, co-manager of the $335.9-million AGF Aggressive U.S. Growth and founder and chief investment officer of […]
By Michael Ryval |October 1, 2008
3 min read
(September 2008) With the U.S. bank bailout failing in the house of representatives, the questions now becomes, what’s going to happen to America’s economy? While you’ll hear a bevy of politicians and pundits pontificate on how this will affect the States in the coming days and weeks, on Friday, before the government’s rescue plan failed, […]
By Bryan Borzykowski |September 24, 2008
7 min read
Products
(September 2008) The idea that exchange-traded funds can be used within an active investment portfolio is getting a big push from some of the country’s best-known actively managed mutual fund firms. Some fund companies believe ETFs are the most efficient way to offer some alternative asset classes, and by offering them within a mutual fund […]
By Mark Noble |September 18, 2008
(September 2008) Volatile financial markets are not helpful to the economics of retirement. They can cause stress, worry or, depending on your risk tolerance, buying opportunities. Understanding and applying behavioural finance theories can not only mitigate much of the potential damage but can also actually improve the economics of retirement during these difficult times. Behavioural […]
By Peter Drake |September 15, 2008
6 min read
(September 2008) One of the key tenets of Modern Portfolio Theory (MPT) holds that diversification among asset classes is one of the most important ways for an investor to both moderate his risk and enhance his prospects for above-average performance over time. Thus, over the years, investors have scrambled to find asset classes which generated […]
By Ockham Research |September 11, 2008
(September 2008) In late 2002, when deflation fears were running rampant through the financial markets, a little-known Fed governor by the name of Ben Bernanke thrust himself into the glare of publicity by giving a speech in which he explained what the Fed could do to ensure that deflation didn’t happen in the U.S. Like […]
By Steven Saville |September 10, 2008
(September 9, 2008) Economic news last Friday confirmed why the U.S. stock market had its biggest down week in five months. Friday’s Non Farm payrolls fell by 84,000 in August, and revisions to prior months added another 58,000 job losses. The increase in the jobless rate sent the Misery Index, which adds unemployment to inflation, […]
By Staff |September 9, 2008
(September 8, 2008) Equity markets in North America have staged a significant rally this morning following the U.S. government’s move over the weekend to take over beleaguered mortgage lenders Freddie Mac and Fannie Mae. While Fannie and Freddie have seen its share prices collapse and Sovereign Bancorp, a significant holder in Freddie Mac, has dropped […]
By Colin Cieszynski, CMC Markets |September 8, 2008
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