Latest SPIVA scorecard shows only 48.4% of Canadian small-cap funds beat the index
Only Canada, Austria and Denmark would display fiscal deficits now associated with speculative grade sovereigns
Canada’s budgetary balance to remain strongest of G7 nations in 2006, 2007
Sensitivity ratings measure volatility
Less than one-third of equity funds beat the index
High energy prices fuel improved performance
Standard & Poor’s Investment Policy Committee reiterated its recommended model asset allocation of 65% stocks, 20% bonds, and 15% cash in its 2006 outlook. Within the stock allocation portion, S&P advises that 20% be allocated toward non-U.S. equities. The IPC also established a year-end S&P 500 Index target of 1,360, which implies an approximate 9% […]
Standard & Poor’s announced yesterday that it would include all option expenses in earnings reports for its U.S. indices, including the S&P 500.The inclusion of option expense will result in a 4.2% decrease in earnings for the S&P 500 in 2005, it notes. The information technology sector will be hardest hit, with an earnings reduction […]
Warns direct taxation could result in negative ratings actions
S&P predicts 0.5% drop in GDP