Slate Asset Management to fund real estate companies hurt by pandemic
The $500-million fund will provide capital to struggling firms
- May 26, 2020 May 26, 2020
- 11:53
The $500-million fund will provide capital to struggling firms
The lockdown is creating winners and losers
Companies have slashed dividends in response to the Covid-19 pandemic
In previous recessions, services have been the stabilizer rather than the centre of the pain
Liquidity will be the biggest challenge for companies this year
The firm's assets under management dropped 7%
A report credits federal support with dampening the effects of widespread unemployment
The divergence in dividend commitments requires more stock-specific research
Canadian funds with a global equity mandate performed best
The pandemic's impact on markets led to a decline in assets under management