Search Results for: performance

Market Action

March 31, 2015

The BCSC has released an attempt to justify their existence: In support of Fraud Prevention Month, the British Columbia Securities Commission (BCSC) Chair and CEO Brenda Leong today announced the results of research commissioned by …

Read More

Market Action

March 30, 2015

The Economist has a good piece on income inequality: Mr Piketty argues that over the long run the rate of return on wealth exceeds economic growth. Over time, this relationship increases inequality as the share …

Read More

Market Action

March 27, 2015

The new issue of LBS / LBS.PR.A was priced today at 19.60, compared to its March 26 NAVPU of 18.74. Nice work if you can get it! I have updated the post announcing the offering. …

Read More

Market Action

March 26, 2015

GMP Capital Inc., proud issuer of GMP.PR.B, was confirmed at Pfd-3(low) [Trend Negative] by DBRS: DBRS Limited (DBRS) has today confirmed the Pfd-3 (low) rating on the Cumulative Preferred Shares of GMP Capital Inc. (GMP …

Read More

Market Action

March 25, 2015

Big Pharma is watching you! As Novartis AG’s chief executive, [Joe] Jimenez is barreling down untested paths at the frontier of biology and digital technology to prepare for a future in which the use of …

Read More

Market Action

March 24, 2015

It’s nice to see my number one market worry get some play in the press: 1. Fund managers decide how much their assets are worth Legalese: “Asset valuations will be determined by managers. The fund …

Read More

Market Action

March 23, 2015

Negative yields bring reaching for yield: Norway’s $870 billion sovereign wealth fund said this month that it added Nigeria and lifted its share of lower-rated company debt to the highest since at least 2006. Allianz …

Read More

Market Action

March 20, 2015

Greek bank depositors not only have to deal with the potential for bank failure should Greece exit the Euro, but I’m sure they’re also worried about a punitive tax on deposits in good banks. So …

Read More

Market Action

March 19, 2015

TIPS are in high demand: The U.S. Treasury Department can thank the Federal Reserve for the surge in demand at Thursday’s auction of inflation-protected bonds. The $13 billion in 10-year Treasury Inflation-Protected Securities, or TIPS, …

Read More

Market Action

March 18, 2015

Lucky Assiduous Readers! It’s time for me to get on my favourite hobby-horse again … one I’ve been riding for over twenty five years now … and will probably keep flogging even if it dies: …

Read More