The audited financial statements for my pooled fund, Malachite Aggressive Preferred Fund, for 2007, have been posted, together with a full statement of transactions in 2007. The monthly, quarterly, annual and annualized performances to the …
Search Results for: performance
April 4, 2008
There’s a wonderful article on risk models by Avinash Persaud at VoxEU: Alan Greenspan and others have questioned why risk models, which are at the centre of financial supervision, failed to avoid or mitigate today’s …
April 3, 2008
Accrued Interest notes that he’s hearing some chatter about credit markets finally troughing, and urges caution: Anyway, as much as I’d like to believe in a bottom in credits, we need to get through mid …
DBRS: CIBC Credit Ratings on Negative Trend
DBRS has announced that it: has today revised the ratings trend of Canadian Imperial Bank of Commerce (CIBC or the Bank) and related entities to Negative and removed the Bank from Under Review with Negative …
MAPF Portfolio Composition : March 2008
There was a good level of trading in March, almost all within the perpetualDiscount sector. MAPF Sectoral Analysis 2008-3-31 HIMI Indices Sector Weighting YTW ModDur Ratchet 0% N/A N/A FixFloat 0% N/A N/A Floater 0% …
Alarmist Filler Piece on Prefs
Desperate for copy, the Financial Post published a column titled Banks’ preferred shares not a sure thing today, which was brought to my attention by Assiduous Reader tobyone in the comments to March 31: In …
Best & Worst Performers: March 2008
These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices. Issue Index DBRS Rating Monthly Performance …
March 28, 2008
No commentary today, I’m afraid! Month-end calls, with a shrill, unpleasant, voice! Besides, I’m sulking. All those comments for March 27 and nobody explained to me why, given prices for all the other instruments, CIT …
March 19, 2008
Two articles today brought into sharp relief the issue of individuals’ compensation within the financial services industry. Naked Capitalism republishes an article from the Financial Times which brings up the old chestnut about an investment …
SplitShares : Massive DBRS Review of Financial Splits
DBRS has announced that it: has today placed the rating of certain structured preferred shares (Split Shares) with significant exposure to the financials sector Under Review with Developing Implications. Each of these split share companies …