OSFI’s revolving door revolved again, with the departure of the Assistant Croupier: I am writing to announce the departure from OSFI of Mark White, Assistant Superintendent, Regulation Sector, effective October 31, 2011. Mark has accepted …
Search Results for: performance
June 13, 2011
Everything old is new again! Treasury STRIPS are popular: Demand for zero-coupon bonds is rising so fast that Wall Street banks created $205.2 billion of them as of May, the most in three years and …
CNPF: US-Listed Canadian Preferred Stock ETF
It has been announced that GLOBAL X FUNDS LAUNCHES FIRST CANADA PREFERRED ETF (CNPF): Global X Funds, the New York based provider of exchange traded funds, today launched the Global X Canada Preferred ETF (Ticker: …
June 10, 2011
I find the US Municipal bond market of great interest, simply because the investor profile is so similar to that of Canadian preferred shares. I was recently looking for some estimates of holdings by investor …
June 9, 2011
Today’s top news is that Interactive Brokers thinks about what they’re doing: Interactive Brokers Group Inc., the electronic market maker and securities firm, raised margin requirements to 100 percent for some Chinese stocks, because of …
June 8, 2011
Why are so many investors unhappy with their advisors? Because they got what they deserved: Investors would rather pay commissions for the financial advice they receive than a fee based on assets under management, said …
June 7, 2011
The Sino-Forest plot thickens: Muddy Waters Research, the firm founded by short seller Carson Block, “pre-marketed” its June 2 report on Sino-Forest Corp. (TRE) to hedge funds for the past five weeks, said an analyst …
MAPF Portfolio Composition: May 2011
Turnover increased in May, to about 23%. Trades were, as ever, triggered by a desire to exploit transient mispricing in the preferred share market (which may be thought of as “selling liquidity”), rather than any …
June 6, 2011
This is old, but Laurie Carver wrote a good piece on Credit Rating Agencies titled Losing Credit: Brooks says the NAIC decided to move to the new methodology because of rating agencies’ failure to accurately …
BPO.PR.I: What is the Meaning of Existence?
On an unrelated thread, Assiduous Reader prefhound writes in and says: Why is BPO.PR.I still outstanding? As of Jan 1 this year, the company could have redeemed at par $25 and the investor could have …