Originally from our sister publication, Advisor.ca. As risk aversion continues to haunt equity markets, corporate credit risk looks reasonably good. Despite deleveraging and a prolonged economic decline that threatens to take down companies, investing in corporate bonds might be a worthwhile alternative to equities. With about 10,000 issuers and an increasing number of emerging markets […]
Canada’s economy will avoid slipping back into recession, but growth will remain modest in 2011 and 2012, according to the Conference Board of Canada’s Canadian Outlook—Autumn 2011. “The ongoing volatility in equity and commodity markets is a reminder of how fragile the state of the U.S. and global economy remains,” said Pedro Antunes, the Conference […]
The capital market volatility of the past few months has been unsettling for pension plan sponsors and participants alike. Even before Standard & Poor’s downgrading of the U.S. credit rating, indicators pointed to deterioration in the financial position of most DB plans. For one, accounting discount rates for many plans decreased by 50 to 60 […]
An unsettling trifecta for market contagion
Volatility is here to stay, so how will you manage it? That was a key message at Legg Mason Canada’s Global Investment Forum, held on Sept. 29, 2011, in Toronto. Timothy Schuler, senior vice-president and investment strategist with Permal, discussed the factors influencing world markets today and what portfolio managers are doing to mitigate the […]
Understanding why they do what they do.
Winner of the 2011 AIMA Canada - Hillsdale Research Award.
Coverage of the 2011 Global Investment Conference
Turns out they really do outperform.
The federal government has proposed changes to rules governing federally supervised private pension plans to make them less sensitive to financial market volatility, Reuters reports. Finance Minister Jim Flaherty said the regulatory amendments would provide more tools to sponsors of federally regulated private pension plans to “better manage their funding obligations while providing additional protection […]