Enbridge Inc. has announced: •$30.4 billion transfer of the Canadian Mainline, the Regional Oil Sands System and Canadian renewable energy assets to Enbridge Income Fund •Transaction supports higher dividend payout and positions Enbridge to extend …
Search Results for: performance
June 18, 2015
The Greek tragedy is approaching a climax: The European Central Bank plans to hold an emergency session of its Governing Council on Friday to discuss the deteriorating liquidity situation of Greek banks, three people familiar …
June 17, 2015
The big news of the day was the FOMC statement: Information received since the Federal Open Market Committee met in April suggests that economic activity has been expanding moderately after having changed little during the …
June 16, 2015
After a very brief review of the recently released OSC-commissioned report Mutual Fund Fee Research, I have seen the future and it is Spanish: First, credit institutions heavily dominate the Spanish mutual fund industry: banks …
June 15, 2015
There is grave concern that some young adults are paying off their student loans: In a growing refinancing boom, a new generation of private lenders — backed by hedge-fund billionaires and Silicon Valley royalty — …
June 12, 2015
The June 2015 Financial System Review released by the Bank of Canada had a few interesting nuggets. For instance, a chart showing where the negative yields are in Europe: Click for Big And there has …
June 11, 2015
A lot of people get enraged over mutual fund fees, and the extreme awfulness of an advisor who recommends a relatively higher MER. But as I’ve often noted, performance doesn’t mean as much in this …
June 10, 2015
Today’s whining over liquidity focusses on investor homogeneity and the victory of deep pockets: The size of the U.S. corporate-bond market has ballooned by $3.7 trillion during the past decade, yet almost all of that …
June 9, 2015
There’s an interesting trend in US bank accounting: Big U.S. banks have been shifting huge chunks of their securities portfolios from AFS to HTM as they seek to offset the coming impact of a rate …
June 8, 2015
Nothing happened today … well, equities got banged up. It was a poor day for the Canadian preferred share market, with PerpetualDiscounts off 3bp, FixedResets losing 25bp and DeemedRetractibles down 11bp. The lengthy Performance Highlights …