The ORPP is “a harebrained idea,” according to Dr. Jack Mintz, economist and fellow at the University of Calgary. Speaking at the 2015 Portfolio Management Association of Canada’s National Conference on Tuesday in Toronto, Mintz called the Ontario Retirement Pension Plan “an intrusive plan predicated on the belief that Ontarians do not save enough. There […]
The Conservative decade is over. The Liberals won all 33 seats in Atlantic Canada, and 184 overall, with 170 needed for a majority. Stephen Harper conceded to Justin Trudeau just after midnight, and Conservative Finance Minister Joe Oliver failed to win re-election in his riding of Eglinton-Lawrence. What does the red wave mean? Read: Hands […]
Volatility is back. But, given that the last time we saw the VIX above 30 was 2011, clients may not remember what it feels like. The volatility index closed at 40.74 Monday, up 45.34% since Friday.
Benchmark-oriented active managers will fall behind.
Forget the leading edge. When it comes to investing, predictable companies will produce better returns, says David Winters, CEO of Wintergreen Advisors in Milwaukee, WI, and manager of the Renaissance Global Markets Fund.
High-grade corporate bonds are better investments than government securities, argues John Braive, vice chairman of CIBC Global Asset Management.
Some investments thrive on shocks says Black Swan author.
You shouldn’t worry about black-swan events, says Nassim Taleb. You should worry about an investment’s vulnerability to those events—in other words, its fragility.
Plus, taxpayers should have a say in how much bankers are paid.
Forget Europe. The U.S. is more fragile, says Nassim Taleb. According to the author of The Black Swan, the country’s highly centralized government and hefty public debt make it more vulnerable to outsized shocks, also known as black-swan events.