Jim Hall, director of research at Calgary-based Mawer Investment Management Ltd. and chair of the company’s board of directors, says his success as a fund manager can be summed up by a slogan that once ran on Mawer billboards in Calgary: Be boring. Make money. Hall, who took home the award for Morningstar Equity Fund […]
Towers Watson recently held its annual U.K. client conference, bringing together clients, consultants and money managers to discuss topical issues. Delivered through a case-study environment, each team was asked to determine how rosy or grim the future might be and how it would structure its defined benefit pension fund investment portfolio as a result. For […]
The emerging markets will be pivotal in staving off another global recession, according to The Conference Board of Canada’s World Outlook, Autumn 2010. The report predicts that the global economy will finish 2010 with 3.6% growth, before slowing to 3.3% in 2011, with economic weakness in much of Europe, the United States and Japan acting […]
Exchange traded funds have emerged as important instruments for investors and advisors. That’s not surprising, but the way they’re being used might be: once touted as the ultimate buy-and-hold vehicle—buy the stock market for the equity risk premium and forget about individual stock volatility or manager underperformance—ETFs have become another tool in the kit of […]
While they’re clearly too big to ignore, the momentum of emerging markets may be starting to roll over. At least that’s what Paul Ehrichman, head of global equity, with Global Currents Investment Management suggested in his keynote address at Legg Mason’s Rethink 2010 Investment Symposium on November 4 in Toronto. While nations such as China […]
Canadian securities regulators expect improved environmental disclosure from the country’s reporting issuers and have released a guidance document towards meeting that goal. “Issuers are increasingly recognizing the current and potential effects on their performance and operations, both positive and negative, that are associated with environmental matters,” states the document, which was released Wednesday by the […]
Canadian Western Trust Company (CWT) has achievement a new internal benchmark by surpassing $6 billion of assets under administration. The milestone represents approximately 20% growth in CWT’s assets under administration over the last 14 months. “Our ability to build our client base and achieve this level of growth through a challenging economic period confirms the […]
Sun Life Financial launched its new investment company Sun Life Global Investments (Canada) Inc. on October 13, which will roll out a new lineup of funds that harnesses world-class investment and product capabilities. The company will start accepting client investments on October 25, and will offer a suite of 12 funds, including seven funds sub-advised […]
Behavioural finance, or the study of investor psychology, marries the psychology of decision-making with investors’ trading behaviour and asset pricing. Departures from rational decision-making emerge because individuals do not enjoy unlimited information-processing capabilities and instead rely on rules of thumb when making decisions under uncertainty. This leads to systematic cognitive errors and mispriced assets. But […]
Integrated Asset Management Corp. (IAM) has launched a new global alternative investment manager, River Plate House Capital Management Inc. River Plate will offer long- and short-term investment strategies focused on real interest rates, as well as customized solutions for managing liability and risk. Michael Hyman is the company founder, president, CEO and chief investment officer, […]