When bonds do poorly, all traditional bond investors have been able to do, is decrease bond duration and increase cash, says Philip Mesman, a portfolio manager at Picton Mahoney Asset Management in Toronto.
Traditional bond strategies don’t generate the robust yields they once did. Consider alternative strategies instead.
Ralph Lopez, a divorced, self-employed advertising consultant, planned a ski trip with his children, and his advisor urged him to purchase travel insurance before departing.
The U.S. recovery has primarily benefited the top 1% of the population, economist Joseph Stiglitz says.
Help clients understand the risks of investing in high-yield bonds.
OBSI’s arms are now twice as long, but weaker than ever.
In-Kyung Choi, 48, is an anchor for a local news station in Halifax. Retirement’s almost 20 years away, but she’s recently changed advisors because she felt her assets weren’t producing adequate returns. Her new advisor asks her to do an asset inventory as part of the planning process. The exercise jogs her memory. Her late father had mentioned a life insurance policy he took out on her when she was born. Problem is, she doesn’t know which company issued it, how much it’s worth or if it’s still active. The policy could have significant cash value, so In-Kyung’s determined to track it down.
The real estate sector’s not going to drive economic growth, Avery Shenfeld, chief economist at CIBC World Markets, said at a conference in Toronto today.
Help clients diversify fixed income holdings.
The Conservative government has tabled legislation to implement key elements of this year’s budget. But it contains more than tax credits.