Amidst roiling equity markets, many have said the days of the equity risk premium are over; however, according to Roger Ibbotson, it’s not only alive and well, but there are also new risk premia that investors must consider to capture opportunities in today’s markets.
(June 18, 2003) Representatives from the Ontario Securities Commission (OSC) and the Alberta Securities Commission (ASC) fielded lots of questions at the second national summit on income trusts in Toronto last week, sponsored by the Canadian Institute. The regulators provided an update on initiatives underway to crack down on income trusts in both provinces. Both […]
(June 13, 2003) A growing number of big businesses are issuing income trusts, pushing this sector forward. But watch out for rising interest rates that threaten to take a bite out of performance, says Brian Petersen, head of the income trust group at RBC Capital Markets. Speaking at the Canadian Institute’s second annual Income Trust […]
(June 5, 2003) IDA president Joe Oliver faced some tough questions yesterday as he presented the latest version of his association’s proposed policy on research analyst standards at a luncheon held by the Toronto Society of Financial Analysts. Policy 11 has been revised in response to 18 recommendations from the Securities Industry Committee on Analyst […]
(May 26, 2003) The numbers aren’t good, but it’s probably too soon to declare a crisis in Canada’s defined benefit pension system. However, the industry does need to improve the ways it manages risk within pension plans. Those were the main conclusions from a one-day forum in Toronto last week, sponsored by the Association of […]
(March 28, 2003) One short line in the Ontario budget could mean a major boost for the already booming income trust market. The province is proposing legislative changes clarifying that investors in publicly traded trusts would not be liable for the activities of the trust. Investment in trusts has been hampered by uncertainty surrounding the […]
(March 12, 2003) Major players in the move to reform Canada’s fragmented securities regulatory system came face to face with the disgruntled mining industry yesterday at the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto. Speaking on a panel organized by PDAC’s securities committee were David Brown, chair of the […]
(February 20, 2003) “Calls for regulatory reform to boost investor confidence in the U.S. are echoing throughout Canada and around the world,” says Investment Dealers Association president Joe Oliver. But if Canada is going to reform its fragmented system of securities regulation, political leaders must step up to the plate to champion the cause, Oliver […]
(January 31, 2003) Not a time for general rejoicing. That’s how Don Coxe, chair and chief strategist with Harris Investment Management in Chicago, described the current U.S. investment climate during a conference call earlier this week hosted by BMO Mutual Funds. Fund managers from North America, Europe and Asia offered their views on world equity […]
(January 27, 2003) Look out for wild cards such as a war with Iraq in 2003, economists say. Consulting firm Watson Wyatt gathers projections from Canada’s leading economists and portfolio managers for its annual survey of economic expectations, released last week. The survey contains positive forecasts for some key economic indicators, with economists expecting the […]