Capital Group has announced a globally diversified fixed income portfolio for Canadian investors: Capital Group World Bond Fund (Canada). Read: Longer low for bond yields The strategy seeks to provide a prudently managed portfolio of bonds and other debt securities of global issuers, and can complement equity portfolios. Read: The case for Japanese equities With […]
Rising rates are less important to corporate bonds than potential tax reforms
Canadian defined-benefit pension plans, buoyed by rebounding Canadian equity returns, posted Q3 2017 returns of 0.4%, says RBC Investor and Treasury Services All Plan Universe. This marks the sixth-straight quarter of growth for Canadian pension plans. Q2 total returns were 1.4%. Read: RRSP, pension limits are outdated, report says Canadian equity returns reverted to positive […]
Heading into the final quarter of 2017, expect Canadian stocks to outperform U.S. stocks. That’s because of “a highly forgiving valuation discount, still robust economic activity and improving commodity prices,” says a Q4 global outlook report by BlackRock, with an introduction by Kurt Reiman and Aubrey Basdeo. Reiman is BlackRock’s chief investment strategist for Canada, […]
At the National Institute on U.S.-Canadian Securities Litigation in Toronto this week, regulators and litigators discussed industry developments. Best interest standard at a standstill? Panellists expressed concern about the best interest standard’s regulatory uncertainty and unintended consequences for advisors and firms’ business models. For example, the OSC needs to clarify the difference between a best […]
Investment management firm Fiera Capital Corporation has added three senior fixed income professionals. Charles Lefebvre, Luc Bergeron and Tan Vu Nguyen are joining the firm’s fixed income team, said a release on Thursday. The three new team members previously worked together at Optimum Asset Management. Their new titles are: Charles Lefebvre, vice-president and senior portfolio […]
CI Investments Inc. has launched the Signature Floating-Rate Income Pool. Read: Low-rate strategies for fixed income The pool invests in a conservative, actively managed global portfolio of floating-rate bonds and leveraged loans, as well as shorter-term, high-yield, investment-grade bonds, which are less sensitive to changes in interest rates compared to other fixed income securities. The […]
With low rates, go long on bonds and be strategic with weightings
WisdomTree Asset Management Canada has launched two smart-beta fixed income ETFs: WisdomTree Yield Enhanced Canada Aggregate Bond Index ETF (CAGG) and WisdomTree Yield Enhanced Canada Short-Term Aggregate Bond Index ETF (CAGS). Read: Institutional investors use ETFs for fixed income, smart beta CAGG seeks to enhance income potential by sourcing and re-weighting sub-components within the Bloomberg […]
A below-consensus outlook for U.S. and Canadian growth and inflation means central banks can wait to raise rates. But they aren’t