Canada’s Bank Bond Traders Masters of a Dwindling Universe Ari Altstedter, Bloomberg News Canada’s “Masters of the Universe” are finding their kingdom a little smaller as global regulations that have cost U.S. and European colleagues their jobs start to bite at home. Bond traders at Canada’s Big Six banks — whose U.S. peers Tom Wolfe […]
“The luck of the third adventure is proverbial.” Elizabeth Barrett Browning After seven years at zero and nine years since the last hike, ‘Lady Janet of Brooklyn’ is poised to move interest rates higher tomorrow. Recent history suggests that the various asset classes ought to tremble with fear. In 2013 when ‘Helicopter Ben’ Bernanke announced […]
We are very excited to welcome our first institutional investor, Kensington Capital Partners. Kensington has made an allocation through their fund of funds, Kensington Hedge Fund 1, which selects the best emerging Canadian hedge fund managers. Kensington elects to focus on emerging managers as “statistical analysis has demonstrated that investments in these younger, hungrier, more nimble […]
“Adventure. Excitement. A Jedi craves not these things.”Yoda Not so long ago, in a galaxy not far, far away, equity markets shed more than 10% of their value. It was a period of great terror and despair. Investors lived in fear of a slowing global economy and the Empire unleashing their much dreaded weapon, the […]
Happy New Year? | December 2015
“It is always wise to look ahead, but difficult to look further than you can see.” Winston Churchill After a difficult 2015, which saw the TSX down over 11% and jokes of the northern peso surfacing, Canadians are undoubtedly hoping for a sweeter 16. While we are not in possession of a crystal ball, we […]