After taking a 21% tumble last year, emerging markets have rebounded so far in 2012 on the back of a resurgent investor appetite and a risk-on mood for emerging markets.
Risk appears to be back in vogue. While most investors are wary of the European and U.S. stock markets, money has already been pouring into emerging markets so far this year, with funds dedicated to the asset class enjoying their best start to a year since 2006.
Anchoring is a psychological condition that stems from a person’s upbringing and experiences
Government fiscal stimulus and central bank programs are trying to motivate businesses and consumers to spend more by keeping the interest costs low, but at the detriment of long-term savers.
Overconfidence can breed a tendency to diversify less and trade more aggressively, which creates challenges if you’re their advisor.
Relying solely on risk-tolerance questionnaires to assess clients is wrong, Tom Idzorek of Morningstar told the New York Consultants Conference, hosted by the Investment Management Consultants Association (IMCA) earlier this week.
How dangerous are synthetic ETFs in Canada? No one knows.
In my last article, I noted that a portfolio manager's return is made of two components: beta and alpha. Beta is the return you get by investing in various risk factors, like market risk.
The importance of developing a risk management culture and infrastructure in today’s complex markets cannot be overstated. UBS Bank found it the hard way, on the back of a $2 billion-plus loss, but put the spotlight on the importance of managing a complex trading operation, and the need for developing a robust risk management system.
The first Canadian baby boomers have hit official retirement age; soon their ranks will swell. Many advisors built their practices around accumulating wealth for these clients. Now comes the tricky part: planning for the actual retirement phase.