News and resources for Canada's top financial advisors
Market Insights
(April 2006) The drive toward lower MERs and overall costs may be benefiting investors, but it has ravaged the third party sub-advisory industry, according to the latest research from Investor Economics. Between December 2001 and December 2005, the number of fund companies using sub-advisors dropped 34%, from 94 to 62. The number of long-term funds […]
By Steven Lamb |March 31, 2006
3 min read
(March 2006) Retail investors seeking insight on ‘where to invest next’ often look to the institutional side, reasoning that the largest money managers can afford superior research. While the energy sector may have been the obvious story in the recent past, institutional pooled equity funds continued to favour financial services stocks in the fourth quarter […]
By Steven Lamb |March 15, 2006
Products
(March 2006) You use domain names every time you visit a website or google a term to find more information. But do you know what gives value to a name? Do you know how to assess that value? What you don’t know actually spells opportunity. Just as in financial markets, there are primary and secondary […]
By Pierre Saint-Laurent |March 10, 2006
4 min read
(March 2006) After several years of poor performance — both in terms of sales and investment returns — foreign mutual funds appear to be levelling off, as total assets under management stabilize, according to research from Investor Economics. “Though currently out of favour, we believe this theme will reassert itself,” reads the latest issue of […]
By Steven Lamb |March 10, 2006
(March 2006) Investors seeking yield were well compensated when interest rates fell; they received capital gains that in many instances gave them better returns than equities. In a rising rate environment, however, income investors find it more difficult to make an adequate return. Not only do rising rates usually result in lower bond valuations, but […]
By Michael Barrett |March 1, 2006
7 min read
(February 2006) Investors who enjoyed the massive upside to the energy rally were more than a little disappointed this past week, as the price of crude oil plummeted from over US$66 a barrel to $62, slashing 400 points off of the energy-heavy TSX Composite index. Is the party over for the energy sector? It’s hard […]
By Steven Lamb |February 10, 2006
(January 2006) I’m a firm believer in risk management. That’s a bit like saying “I’m a firm believer in breathing.” We are all risk managers whether we admit it or not. And if that’s the case, I’d rather be more precise about it than less. The absolute basis of portfolio risk management is diversification. It’s […]
By Pierre Saint-Laurent |January 23, 2006
(January 2006) The last time the S&P/TSX Composite broke through 11,000 investors foolishly believed the good times wouldn’t end. But end they did. Markets around the world fell hard, led by a raucous sell off in the U.S. tech sector. The markets have recovered, but the U.S. is shaky and could be a catalyst to […]
By Mark Brown |January 23, 2006
(January 2006) As the hurdles to income trust investment have fallen, more and more cash has flowed into the structures, driving a demand for research. Unfortunately, the majority of income trusts represent operations that can only be considered small- or even micro-cap businesses, resulting in limited analyst coverage. This is slowly changing, with more institutional […]
By Staff |January 13, 2006
5 min read
(December 2005) This past year may be best remembered for the continued rally in resources, or the various developments in the income trust sector, but it also marked the launch of a new product line that has quietly gathered significant assets for the fund companies behind them. Life-cycle funds aim to reduce the workload of […]
By Gavin Adamson |December 22, 2005
6 min read
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