Institutions Turning to Timberlands
Trees mature into higher value products.
- May 10, 2010 September 13, 2019
- 12:03
Trees mature into higher value products.
AIMA Canada debate: are you paying for alpha … or beta?
Shift from finance companies to infrastructure.
After the turmoil of 2008 and 2009, hedge fund investors have learned to dread the “four horsemen.” That’s how Bernice Miedzinski, executive vice-president at Man Investments Canada characterizes the Bernie Madoff fraud and the Lehman Brothers collapse, which froze some hedge fund accounts, as well as the sub-prime meltdown, factors that along with falling markets, […]
For an asset class largely held for patient, long-term returns, private equity is turning out to be as volatile on a monthly basis as the daily swings in the public stock markets. A year ago, the difference between closing an exit deal and failing to close a deal was a matter of days. By March, […]
Despite a decade of advances in technology, trading strategies and ownership, Canada’s equity marketplace seems to be in about the same place it was a decade ago: fragmented, pricey and riven with conflicts of interest. And the irresistible progress of technology is partly to blame. That’s the view from the Toronto Stock Exchange. “We’re at […]
What seemed a bump in road in 2002 has now become a frighteningly deep hole for plan sponsors. At the same time, it is shedding a light on just how few people have pension coverage in Canada. As GM’s pension deficit hovered in the news, two provincial finance ministers took the floor at the 8th […]
Many publicly traded public equity companies are trading far below their opening price when they went through an initial public offering in the heady days of 2007. Perhaps that’s just as well, suggests one private equity executive. While banks certainly have a share of the blame in inflating asset bubbles, they’re not the only ones, […]
Canadian equities have proven no place to hide during the financial storm, and that applies to firms operating in private markets too: venture capital, mezzanine financing and leveraged buyouts. And that storm whips up winds in all directions. Fundraising has dwindled as traditional private equity investors find themselves overextended. The general partnerships that invest the […]
Despite the pall that hangs over private equity, there’s still life in the marketplace as some transactions get done. They target growing firms with low levels of debt. And they’re willing in invest in a tough environment. Take the example of Consolidated Fastrate, a 43-year-old logistics and trucking firm. It was recently acquired by Fenway […]