Home Newspaper Mid-January 2015

Mid-January 2015

Building Your Business

With high stock valuations in attractive sectors and commodities in a slump, Canadian investors are treading carefully

Most portfolio managers have their eyes set on equities, but their enthusiasm is tempered by rich valuations for U.S. stocks and the potential that the…

The amount of money Japan's government can spend to stimulate that economy is limited by its monumental public-sector debt. Thus, the government needs to find…

Most economists have predicted rate increases annually since 2009, but those predictions have not come true and rates have remained low. Once again, the consensus…

Growth in Asian countries (excluding China) is being driven by a healthy combination of external demand and rising domestic consumption. Potential tightening of global financial…

Thanks to a confluence of factors, the U.S. dollar (US$) is expected to continue to rise against most currencies, including the euro, the Japanese yen…

After a solid year, slower domestic growth and uncertainty in the energy sector are likely to mean a more muted performance for banks, insurers and…

Given the weakness in the region's economies - plus the risks they face on several fronts - the overall sentiment on European equities is negative.…

The U.S. is one of the brighter spots among world economies. But with a sharply rising currency and markets nervous over the effects of plummeting…

Financial markets are worried about deflation, particularly in Europe but also elsewhere. In the U.S., the combination of steep drops in oil prices and a…

Global financial regulators have made considerable progress in 2014 on reforms sparked by the 2007-09 global financial crisis. In the year ahead, regulators will continue…

Although yield spreads for corporate issues over government bonds have tightened, the premiums still are attractive. But you and your clients must remember that when…

The drop in oil prices has precipitated a decline in energy stocks. However, they could rebound if oil prices begin rising. In contrast, no quick…

As the world's second-largest economy assumes a more sustainable rate of growth, fund portfolio managers remain optimistic. The government has chopped lending rates and announced…

Most portfolio managers suggest that gold prices won't generate much excitement this year, but there is a school of thought that runs contrary to that…

News

Enterprise social networks bring together all forms of digital communication on a single dashboard

New head of Sprott Assett Management wants to pursue a more conservative strategy in stock-picking for the firm's funds

A new study suggests clients benefit from their advisors' bias toward equities, but those gains may be offset by fees

The acquisition of Ten Star's mutual fund dealer is the latest in a long line of purchases for Investia, an IA subsidiary

The value of Canadian IPOs rose last year but remained lacklustre, with a few major deals in the oil and gas sector driving the upward…

A recent decision from the Tax Court of Canada resolves a decades-old dispute over the tax treatment of some fund fees

CEOs forecast strong business prospects in the year ahead, but see regulatory initiatives as a threat to growth for 2015

Regional robo-advisors are growing fast. Many are expanding both geographically and in the services they offer, including special tools designed for traditional advisors

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Low levels of confidence in Canada's insurance industry probably stem, in part, from high-profile cases of denied claims

Three U.S.-based trade repository firms that set up shop in Canada in October say the OSC's proposed fee hike is substantial

Investment research

StatsCan's latest report on corporate Canada reveals that insurance carriers' net income rose by 59% vs the same quarter in 2013

If deflation spreads, Canadian federal bonds and U.S. treasuries would soar in value, as their guarantees of payment trump all other debt

A covered-call strategy is an ideal approach for Twitter's stock

Focus on Products

Fund portfolio managers expect rates to rise in mid-year

Performance of very large companies often lags the market

Toronto-based CIBC Asset Management Inc., manager of the Renaissance Investments family of mutual funds, has completed the merger of Renaissance Corporate Bond Fund with Renaissance…

Toronto-based Mackenzie Financial Corp. has introduced three new funds to its lineup: Mackenzie Unconstrained Fixed Income Fund, Mackenzie Monthly Income Conservative Portfolio and Mackenzie Monthly…

Toronto-based CI Investments Inc. has announced portfolio-management changes to two funds: CI Canadian Small/Mid Cap Fund and Red Sky Canadian Equity Corporate Class Fund. Toronto-based…

Toronto-based Manulife Asset Management Ltd. has hired Kathryn Langridge and Philip Ehrmann as senior managing directors and senior portfolio managers for the firm’s new global…

Study says advisors should follow the pension plan model

Comment & Insight

The prime minister has taken credit for returning Canada to balanced budgets after years of deficits

Advocates say building the site C hydroelectric megaproject in northeastern British Columbia is a no-brainer and that Site C will serve the province’s growing power…

Sports fans of all stripes like to spend and party, so it looks like Winnipeg's economy is in for a much needed boost this year

The latest events used to be spread by a lone newsman shouting from a street corner the digital world is renewing that tradition. What's next…

Front Page

What central bankers do in 2015 will affect your clients' portfolios

CRA interpretation bulletin is considered to be outdated

Widespread concerns with CCMR proposal