Investors are finally getting the message that they need to save more for their retirement, making an aging population less of a drag and more of a growth driver for the asset management industry, according to a survey of CEOs in the business. The PwC survey found that 68% of CEOs at asset management firms […]
There’s no question volatility was once again at the forefront in 2010. Having started the year off right, the markets quickly deteriorated in the second quarter before surging ahead again in the third and fourth quarters. This type of volatility is likely to continue over the next couple of years as markets respond to an […]
Foreign exchange markets once again face uncertain times. Heightened exchange rate volatility is driving increasing interest on the part of institutional investors in currency hedging strategies focused on mitigating the impact currency fluctuations have on investment returns. The integration of robust and efficient currency hedging tools and policies are a vital component of the investment […]
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 […]