The Loonie is holding steady around parity, so consider the benefits of hedging.
It’s hard for investors to break through all the ETF noise, especially when each provider is claiming they have a superior market intelligence and the lowest fees, reports Josh Ehrlich of ETFinsight. So how can investors sort through all the choices? Learn from the U.S., says Ehrlich. Read: Canadian ETF market grows apace U.S. ETFs […]
A man posing as a successful Ivy-league businessman has been convicted of defrauding several celebrities out of nearly $250,000. The victims include former Toronto Argonauts players Michael “Pinball” Clemons and Damon Allen, as well as former child actor Ken Vadas, and former Sick Kids specialist Dr. Rahim Valani, reports thestar.com. The Crown found Oakville, Ont. […]
The alleged manipulation of LIBOR by banks may have cost Fannie Mae and Freddie Mac $3 billion in uncollected interest payments, reports ft.com. These alleged losses would have affected their holdings of floating-rate bonds and interest rate swaps from September 2008 through to June 2010. Read more. Also read: UBS agrees to $1.5 billion LIBOR […]
UBS is currently in a dismal position, as it pays out billions over Libor-fixing allegations.
Mark Carney has received an early Christmas gift this year.
Despite the slowest growth rate in over 20 years (7.7% predicted in 2013 and 8.1% in 2014), China is still attractive for investors, reports Josh Ehrlich of ETFinsight. Investors just need to know where to look. One area that could offer returns is China’s private sector. But identifying what companies are independent of the government […]
The tide is turning for mortgage securities.
JPMorgan Chase has named Kevin Watters as the chief of its home loan business, reports Reuters. He’s relieving co-chief operating officer Frank Bisignano of his temporary assignment. Bisignano was assigned in part to help fix problems that stemmed from bad loans before housing prices collapsed. Read more. Watters’ appointment follows Monday’s announcement that the U.S. […]
The holidays are (almost) upon us and with the festive season comes company parties. And while these gatherings are a great way to let loose after working hard all year, hosts should take some precautions. Profitguide.com provides these tips to ensure your company shindig is an epic night that leaves you smiling and safe. 1. […]