The OSC has approved a new investment platform. As one might expect when government agencies agree on something really, really good, it’s over-regulated, vomit-inducingly precious and has little to do with either innovation or capital-raising: …
Search Results for: performance
June 19, 2013
The MMF industry is resisting even the ineffective reforms proposed by the SEC: The compromise, unanimously approved by SEC commissioners June 5, would harm investors and the economy, and would increase systemic risk, the Investment …
June 18, 2013
It’s nice to see someone with a brain making an impact amidst all the SEC lawyers: Concern that American stock markets have become more susceptible to split-second crashes due to computerization isn’t supported by the …
June 17, 2013
Overall it was mixed day for the Canadian preferred share market, with PerpetualPremiums gaining 3bp, FixedResets up 5bp and DeemedRetractibles off 1bp. The averages concealed a lot of underlying volatility, however, as the Performance Highlights …
June 14, 2013
This housing news is counter-intuitive: Home repossessions in the U.S. jumped 11 percent in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks …
June 13, 2013
Riding the tiger is easy … the hard part is getting off: Federal Reserve Chairman Ben S. Bernanke has repeatedly said a reduction in the Fed’s $85 billion in monthly bond purchases wouldn’t mean an …
June 12, 2013
Apple’s CFO is doubtless celebrating his $1.5-billion trading win: Investors are nursing losses of up to 9 per cent on Apple’s record-breaking $17bn bond offering, less than six weeks after the securities landed in their …
James Hymas Quoted In Les Affaires
Dominique Beauchamp was kind enough to quote me in her article Privilégiées : comment se prémunir contre la hausse des taux (“Preferred: how to protect themselves against rising rates” – translation by Google) [Translation by …
June 11, 2013
Interesting piece on Australian covered bonds: Australia’s covered bond boom is waning less than two years after the market started as yield-hungry buyers more than double purchases of residential mortgage-backed securities. Issuance of the debt, …
June 10, 2013
Last Friday we had good news regarding North American employment – now there is good news from the UK: The pound had its biggest weekly gain versus the dollar in more than three years as …