Women view wealth and retirement quite differently than men, a new study finds. A survey of 1,200 Canadians, undertaken by Fleishman-Hillard on behalf of Sun Life Financial, finds women more committed to retirement, but far less willing to work past the age of 65. Twice as many men (32%) than women surveyed say they want […]
The majority of money managers strive to make the right call on the direction of the markets. Keith Balmer, a portfolio manager at U.K-based AHL says there is case to be made in reacting to, rather than predicting, markets. AHL manages more than $22 billion in managed futures assets. The AHL Diversified Programme, a managed […]
If exchange traded funds are to capture more market share from traditional mutual fund trusts, they will need to make inroads with institutional money managers, according to a report on the U.S. market by State Street. The firm’s VisonFocus report says a higher adoption of ETFs by funds and institutions will go along way to […]
While the majority of retail asset backed commercial paper investors got 100% of their principal investment back, many believe the firms that sold ABCP have received little more than a slap on the wrist in their settlement with securities regulators. Members of the ABCP Retail Owners Committee argue the $138.8 million in penalties were far […]
Other than a subtle shift in tighter risk management, the global securities lending business hasn’t slowed down much in the last year, according to a new study conducted by RBC Dexia. While there is increased scrutiny on institutional investors to mitigate their risk—which includes high amounts of leverage exposure—the securities lending business doesn’t appear to […]
The politics that naturally accompany infrastructure projects are a major headache for the private half of public/private partnerships (P3s), resulting in cumbersome decision-making and slow implementation, according to a KPMG International survey. However, the asset class is nevertheless expected to grow in popularity with institutional investors. KPMG’s global survey of more than 455 infrastructure executives […]
The transition to a national securities regulator is underway. Jim Flaherty, Minister of Finance, announced the launch of a transition office, which will lead Canada’s effort to establish the Canadian securities regulator. The Transition Office will lead all aspects of the transition to a national regulator, including the development of a federal Securities Act, collaborating […]
The country’s preeminent life and health insurance association says Canada’s public healthcare system is in trouble and should work closely with private industry to solve impending problems. Insurers make money on the gaps in public coverage, so it’s probably not surprising the Canadian Life and Health Insurance Association (CLHIA) — its member companies account for […]
Asset allocation deals with a lot of assumptions about the return projection of asset classes and the correlation of assets within a portfolio. Unfortunately, lessons from this most recent downturn mean investors may have to rethink those assumptions, one seasoned asset allocation strategist says. At the recent CFA Institute’s Annual Conference in Orlando, Darren Sasveld, […]
(Orlando, FLA) — The current rebound in bank share prices has prompted optimism in the markets, but renowned forecaster Nouriel Roubini warns the fundamental factors just aren’t there to fuel a sustainable rally in stocks. But he doesn’t rule out a recovery altogether. Roubini, professor of economics and international business at the Stern School of […]