As noted in MAPF Portfolio Composition: April 2015, the fund now has a large allocation to FixedResets, mostly of relatively low spread. Many of these were largely purchased with proceeds of sales of DeemedRetractibles from …
Search Results for: performance
MAPF Portfolio Composition: April 2015
Turnover continued to be above average in April, at about 24%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively …
May 1, 2015
The CME’s Department of Selective Enforcement has decided to make a sudden fuss about spoofing and two guys have been scapegoated: CME Group Inc. said it suspended two traders for placing manipulative trades similar to …
April 30, 2015
More news about the generational wealth transfer of ludicrous university tuition: Surging student-loan debt represents a key risk to the economy’s expansion because wage gains are failing to keep up, according to Beth Ann Bovino, …
April 29, 2015
The big news of the day was the FOMC press release: Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory …
April 28, 2015
A spokesman for the Ministry of Finance has declared there is no housing bubble: “We don’t believe we’re in a bubble,” Bank of Canada Governor Stephen Poloz said in testimony Tuesday to the House of …
April 27,2015
I talked about my fascination with the Amazon drone proposal on April 13 and it turns out that one Assiduous Reader is involved with the project up to his neck! Now some more details have …
April 24, 2015
A story on Bloomberg brought to my attention a Morningstar study titled 2015 Fee Study: Investors Are Driving Expense Ratios Down: Investors are paying less for fund management, largely as a matter of choice. The …
TD.PF.E Settles: A Little Soft On Moderate Volume
TD.PF.E, a FixedReset, 3.70%+287, announced April 15 has settled. It will be tracked by HIMIPref™ and has been assigned to the FixedReset subindex. The issue traded 832,925 shares today (consolidated exchanges) in a range of …
April 23, 2015
Assiduous Reader JP (who always sends me interesting links, unlike most of you) sent me a link a while ago about metals demand in China: China’s steel and metals markets, a barometer of the world’s …