OMERS Shakes Up Canadian Stocks
Moves them to quantitative program, cuts staff.
- December 8, 2011 September 13, 2019
- 11:45
Moves them to quantitative program, cuts staff.
Coverage of the 2011 Investment Innovation Conference.
Fewer investors are looking to ETFs as a set it and forget it approach to investing according to a new report by Strategic Insight. Instead, they’re being used for tactical strategies and investors are making frequent adjustments to their ETF portfolios.
US plan sponsors are embracing ETFs while pension funds in the UK are shunning them. But in Canada they appear to be making headway in the pension space.
Coverage of the 2011 Investment Innovation Conference.
This week, Institutional Investor turns a more critical eye on ETFs, their increasing complexity and their use of derivatives and leverage. Here they quote another academic, Mark Zurack, professor of finance and economics at Columbia Business School who points out wisely that ETFs don’t always add value. In fact, there are now so many that the market is too crowded – “There are 1,000 ETFs and most investors can probably accomplish their goals with 10,” he says, adding, “What do you do with the other 990?”
Finance professor Jeremy Siegel says that ETFs can’t possibly move markets or distort the prices of individual stocks as some critics claim. For one thing, the market is simply too small and even inverse funds can’t possibly be driving prices the way some people say they do. Do you think he's right?
Research by William McNally and Brian Smith looks at Option Grant Timing...and finds some dodgy practices in Canada.
Low volatility investment strategies have been on the rise in the pension space as gun shy plan sponsors look for ways to manage risk. ETF providers are taking a page out of the institutional playbook to offer low volatility products to the rest of the world. How do they work and what can they offer to plan sponsors?
New EDHEC study shows instability and higher credit risk.