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In an interview with Advisor.ca, U.S. commodities commentator Steve Briese, the editor of www.commitmentsoftraders.org and an advisor for JovInvestment Management’s Horizons Global Contrarian Fund, says the regulation already exists to solve speculation. The problem is the U.S. Commodity Futures Trading Commission (CFTC) has flagrantly ignored its own rules limiting who can speculate in the market. […]
By Mark Noble |June 18, 2008
4 min read
Market Insights
If you’re wondering how Canada’s investment managers are feeling about the country’s economic future, Morningstar Canada can sum it up in two words: cautiously optimistic. In the research company’s first Morningstar Investment Manager Survey in four years, the overall consensus among the 23 investment firms surveyed was that North America’s economy should improve in the […]
By Bryan Borzykowski |June 13, 2008
(May 2008) When Jim Flaherty announced in October 2006 that income trusts would be taxed in 2011, many investors thought the market was as good as dead. But that hasn’t been the case. In fact, the income trust sector has not only rebounded, its benchmark is outperforming the TSX Composite Index by about 7%. Leslie […]
By Bryan Borzykowski |May 29, 2008
5 min read
Brent Smith, chief investment officer of Fiduciary Trust Company and lead portfolio manager of the Quotential program, and his associate Steven Lingard, explained to about 200 advisors at a road show in Toronto that they believe a market recovery is imminent — particularly in the U.S. — and they have rebalanced their portfolios accordingly. “If […]
By Mark Noble |May 16, 2008
Discussions about ETFs have a tendency to turn into a debate about passive versus active investing. Many of ETFs’ biggest boosters are investors who believe mutual fund managers can’t beat an index benchmark consistently, making the management expense ratio (MER) on mutual funds unwarranted. But the ETF doesn’t have to be a passive investment. Last […]
By Mark Noble |May 7, 2008
(May 2008) I recently had the opportunity to travel and meet with colleagues in Fidelity’s Asia-Pacific offices. A week-and-a-half spent in Tokyo, Hong Kong, Bangalore and Sydney certainly opened my eyes to the similarities and differences in how these countries and cultures view retirement. While there are many marked differences in how retirement is changing, […]
By Peter Drake |May 1, 2008
(April 2008) With more investors turning away from risk and investing in government bonds, one debt instrument that has fallen out of favour with investors is the maple bond. In the last six months of 2007, there were only 15 Maple issues worth $4.9 billion; that’s a 53.8% drop over the same period in 2006. […]
By Bryan Borzykowski |April 21, 2008
(April 2008) AIC Ltd. is moving ahead with a new “turnaround” strategy that it hopes will quell the rising tide of redemptions and market failings that have cost the company $6.5 billion — or about 58% in assets — in the last six years. The company is promoting its new partnerships with three American-based deep-value […]
By Romana King |April 4, 2008
3 min read
(March 2008) By now, every advisor will have determined which parts of the federal government budget apply to their practice. The majority of the headlines have focused on the 2009 introduction of the tax-free savings account, enhancements to registered education savings plans and proposals to increase flexibility in freeing up locked-in federally legislated pension funds, […]
By Peter Drake |March 24, 2008
(March 2008) A few years ago the thought of a hedge fund manager tipping his hand or letting investors get a glimpse inside his “black box” was laughable, the stuff of fairy tales. This secrecy was acceptable — and still is — because alternative investments, hedge funds, were more narrowly defined and available only to […]
By Kate McCaffery |March 20, 2008
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