There is perplexity about the recent fall of junk: There’s no obvious explanation for the 1.5 percent decline in U.S. high-yield securities in the past month, or the $9.9 billion of cash pulled from mutual …
Search Results for: performance
August 5, 2014
I would have thought it axiomatic that any investment in corporate securities bears with it a chance of loss – but maybe others have different axioms: One of the biggest winners in the push to …
MAPF Portfolio Composition: July, 2014
Turnover remained steady in July, at about 9%. 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 homogeneous Straight Perpetual …
August 1, 2014
At present, it appears that confidence in the markets is increased by regulation (at least according to the regulators): Singapore will introduce a minimum price for mainboard shares and reduce the lot size for transactions …
July 31, 2014
How ’bout that London property market, eh?: For equity-derivatives broker Andrew Adamson, it was a trade too good to pass up. In October, he was offered 1,000 pounds ($1,700) per square foot for his London …
July 30, 2014
The Swedes are serious about bank regulation: Sweden will start publishing banks’ individual capital requirements in a step designed to reveal risks investors have so far been unable to measure based on reported buffers. The …
July 29, 2014
A silly publication titled Virtuous Banking: Placing ethos and purpose at the heart of finance has just hit the streets with a thud: While it cannot plausibly be argued that a systematically stable system is …
July 28, 2014
A story on regulatory secrecy alerted me to the fact that Joe Oliver is no more honest than his predecessor: When Finance Minister Joe Oliver went to Europe in June, he boasted about how the …
July 25, 2014
Algonquin Power & Utilities Corporation, proud issuer of AQN.PR.A and AQN.PR.D, was confirmed at Pfd-3(low) today by DBRS: APUC’s non-consolidated key financial metrics are in line with the current rating profile. Non-consolidated debt-to-capital has remained …
July 24, 2014
A paper by Nicholas Labelle, Varya Taylor titled Removal of the Unwinding Provisions in the Automated Clearing Settlement System: A Risk Assessment is interesting: A default in the Automated Clearing Settlement System (ACSS) occurs when …