Eric Rosengrun of the Boston Fed urges a restrained approach to tapering: Federal Reserve Bank of Boston President Eric Rosengren, who cast the lone dissent last month against a Fed decision to taper bond buying, …
Search Results for: performance
MAPF Portfolio Compostion: December 2013
Turnover declined dramatically in December, to about 1%. 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 …
January 3, 2013
Bernanke gave himself a little pat on the back: “The combination of financial healing, greater balance in the housing market, less fiscal restraint, and, of course, continued monetary policy accommodation bodes well for U.S. economic …
January 2, 2014
Nothing happened today, either. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts up 27bp, FixedResets off 1bp and DeemedRetractibles gaining 12bp. The Performance Highlights table is heavily skewed towards winners, …
December 31, 2013
Nothing happened today. Another hot day for the Canadian preferred share market, with PerpetualDiscounts winning 53bp, while both FixedResets and DeemedRetractibles were up 25bp. Volume was abysmally low. HIMIPref™ Preferred IndicesThese values reflect the December …
December 30, 2013
It seems I have another competitor, of whom I was not previously aware: NexGen Canadian Preferred Share Tax Managed Fund, managed by Jeff Herold of JZechner Associates Inc.. He had a piece in the Globe …
December 27, 2013
There are some interesting battles surrounding solar energy in the States: A system of generous net metering rules may have made sense at the outset of the solar revolution to get the party started. Now, …
December 24, 2013
TD.PR.A and TD.PR.C were called for redemption yesterday, filling in a blank in the schedule of upcoming Exchange Dates. Of the thirteen Exchange Dates between now and February 24, ten will be resolved by redemption. …
December 23, 2013
Bloomberg has an article detailing the importance of going to the right school. The Globe & Mail today features some of the more unusual investment advice I’ve seen recently: While the couple pay a low-cost …
LCS.PR.A Upgraded to Pfd-4(high) by DBRS
DBRS has announced that it: has today upgraded the rating of the Preferred Shares issued by Brompton Lifeco Split Corp. (the Company) to Pfd-4 (high) from Pfd-5 (high). In April 2007 the Company issued 3.1 …