If you define home bias as being 100% of a portfolio in Canada, then I think it’s a mistake. If you define home bias as being anything that’s over 3% to 4% of a portfolio, then I think it’s very important that Canadians have a home bias.
Fall is often charitable giving season in Canada. It is the time of year that sees a lot of activity around charitable donations from those who are, after having put it off until the last moment, scrambling to meet the December 31 deadline to make charitable donations for the given tax year. The timing couldn’t […]
Investor education is about the investor, not investments. Far too much emphasis is placed on informing clients about investments and very little on what the client needs to know, according to Charlotte B. Beyer, founder and CEO of the Institute of Private Investors and founder of New York-based Investor Education Collaborative. “The ultimate purpose of […]
Mention social media to most advisors and they are more likely to think of their kids tweeting about the latest Justin Bieber track, rather than their high-net worth investors (HNWI). But the wealthy are more interested in social media than you might think. That wake up call came at the Strategy Institute’s 12th annual Marketing […]
Their prey is finally in sight. The Canadian chapter of the U.S.-based Tiger 21, an exclusive club for high-net worth individuals (HNWIs), has been scoping the Canadian financial landscape for HNWI for some time. Now, it has zeroed in on a few membership potentials on the run up to its launch in the spring of […]
The two-year-long vertiginous roller-coaster ride may have driven investors to safer and more stable investment destinations. Or so would suggest the steady stream of recent media articles that seem to place more-than-moderate focus on dividend stocks. Growth oriented managers grudgingly accept there’s been a shift, but summarily dismiss any suggestion that dividend investing has become […]
Small business owners would do well to invest surplus funds within the company instead of increasing their salary to maximize RRSP contributions, says a report from CIBC. The report Rethinking RRSPs for Business Owners: Why taking a salary may not make sense is based on research headed by Jamie Golombek, CIBC’s managing director of tax […]
As an investment destination, Japan has been on the outs for many investment managers. The country’s long list of woes includes two decades of economic stagnation, an ageing population, historically high unemployment, falling salaries and a colossal national debt of $7 trillion. Adding insult to injury, long-time rival China recently leapfrogged Japan to become the […]
Blog Polls Royal Bank of Canada’s recent acquisition of the U.K.-based BlueBay Asset Management PLC lends further credence to the claim that Canada is guiding the global M&A movement. Coming as it does, barely days after PwC reported Canada’s formidable role in the global deal-making arena, RBC Wealth Management’s C$1.56-billion marquee megadeal is further proof […]
Canada is leading the charge of global mergers and acquitisions, according to PwC’s latest quarterly roundup of the Canadian M&A market. The dollar value of the Canadian deal market during the last three months was a staggering $95 billion, up 240% from the first quarter of 2010 and 168% from the second quarter. Canadian activity […]