To my astonishment, it looks like there is an adult on the buy-side: Oeyvind Schanke, head of asset strategies at Norway’s $860 billion sovereign wealth fund, has worked out how to dodge traders in the …
Search Results for: performance
November 14, 2014
There are some thoughts that Keystone has missed the boat: Delays of the Keystone XL pipeline are providing little obstacle to Western Canadian oil producers getting their crude to the U.S. Gulf Coast, with shipments …
November 13, 2014
OSFI honcho Jeremy Rudin made a speech today at the Life Insurance Invitational Forum: We are also consulting with you in the international arena. We have a Canadian, Frank Swedlove of the CLHIA, who recently …
November 12, 2014
There’s a bit more detail on the FX pseudo-scandal: From at least January 2008 through early 2012 traders adopted an array of strategies to maximize their profits at the fix, regulators said. If one of …
November 11, 2014
Sweden is joining the ranks of mortgage-rule tinkerers: Sweden plans to tighten rules on mortgages to try to chip away at mountains of household debt that threatens the stability of one of Europe’s best-performing economies. …
November 10, 2014
Global bank standards look like they may be meaningful: The world’s largest banks will have to build up their loss-absorbing liability buffers to see them through a crisis, as regulators tackle too-big-to-fail lenders six years …
November 7, 2014
There was a good US jobs number today: The American labor market is powering past a global slowdown as unemployment decreased to a six-year low in October and 214,000 workers were added to payrolls. The …
November 6, 2014
Our political and appointed masters are once again avoiding communication with Canadians: Lawrence Schembri isn’t the first official to warn how dangerous this could be. But his paper, published today, is notable in that it …
November 5, 2014
OSFI honcho Jeremy Rudin spoke to a Senate committee today but didn’t actually say anything. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts up 26bp, FixedResets gaining 10bp and DeemedRetractibles …
November 4, 2014
The Parakeet has considered the problem of youth unemployment and come up with the ideal solution: work for free! How bad are things in Canada’s job market? Bank of Canada Governor Stephen Poloz says bad …