I often ask prospects what levels of return they want. This is a simple test to see if they have achievable expectations.
How to get beyond box-checking suitability questionnaires
Behavioural finance research suggests the investment industry has misjudged the risk tolerance of wealthy investors.
Last week, SEC chairwoman Mary Shapiro axed the decision to put proposed new regulatory reforms of U.S. money market funds to a vote. It’s alleged many of the commissioners planned to vote against the proposed changes, for fear they’d have too great an impact and cause investors to seek riskier alternatives. Read: Income solutions for […]
Global demand for gold is declining, with buyers in India and China continuing to pare purchases due to weak global growth. Financial Times reports the halt in consumption is driving down prices and depressing the profits of gold miners like Barrick Gold and Newmont, as well as hedge fund managers. Read: Foreign investors reducing Canadian […]
Conventional wisdom about retirement planning needs to be adapted to suit the new environment faced by today’s Canadians who are retired or about to retire.
Having these conversations now can save you future stress
Invesco Canada announced a change to the risk ratings of four of its mutual funds, effective today. The risk ratings of Trimark Global Endeavour Fund and Trimark Global Endeavour Class are changing from “medium to high” to “medium.” Read: Invesco to merge global funds Also, the risk ratings of PowerShares Tactical Bond Fund and PowerShares […]
The majority of Canadian manufacturers (85%) are optimistic about business over the next two years, finds a survey by KPMG. “Investing in innovation, increasing efficiencies and managing risk are top-of-mind moving forward,” says Laurent Giguère, national industry leader, industrial markets, KPMG in Canada. She adds, “As smaller, niche players operating with a strong dollar, Canadian […]
Long-term interest rates remain historically low, and the U.S. Federal Reserve has no plans to raise rates until 2014.