Home Investments Alternative Investments

Latest news in Alternative Investments

The inefficient frontier

If you believe everything you read and heard in the media about the financial crisis, you would think hedge funds are responsible for the mess…

Diversification is over-rated

If diversification is the only “free lunch” investors have, then what is over-diversifi cation? A sub-par meal at an expensive restaurant? Our industry has gone…

Private equity firms batten down the hatches

Canadian equities have proven no place to hide during the financial storm, and that applies to firms operating in private markets too: venture capital, mezzanine…

Hedge funds expect regulation, added costs

This year is not going to be easy for hedge fund managers, according to a survey of the managers themselves. While almost all want to…

Private equity: Start up or buy out?

There seem to be cycles in private company investing. Those with long memories will remember Michael Milken and junk bonds. In recent memory, there were…

Fewer features, higher fees future for GMWBs: Manulife

While guaranteed minimum withdrawal benefit funds have been a huge hit in the Canadian marketplace, at least one company isn’t looking to gain shelf space…

Hedge funds: The next generation

Despite headline blowups and depressed returns, not all is bad in the hedge fund world. There’s still growth to be found in the future —…

The end of fund of funds

The $50 billion fraud by Bernard Madoff probably spells the end of the fund-of-funds business. While Madoff wasn’t operating a hedge fund, he was using…

Beta loaded

Despite being caught with their hands in the beta cookie jar last quarter, hedge funds had one of the best relative performances ever in Q3…

  • By: Chris Holt
  • December 22, 2008 July 10, 2018
  • 00:00

Big frauds and small starts

Big frauds often start small. Unforgivably, they often start with small omissions. Let’s take Bernard Madoff Investment Securities, whose managed accounts are now out $50…

Dual dividends

Cheryl Crowe has a unique job. As SRI specialist with Assiniboine Credit Union in Winnipeg, Crowe researches the social investment world, provides internal training and…

  • By: Doug Watt
  • December 12, 2008 July 29, 2018
  • 12:36

Buyer beware

Recent years have introduced a host of exchange-traded funds (ETFs) that let investors access asset classes in cheap and novel ways: iShares (Barclays) introduced funds…

Prime hedge fund worries

The collapse of Lehman Brothers didn’t just take down the whole investment banking model of Wall Street; it also put the squeeze on a significant…

ETFs push competitive bounds

ETF products just got more complex — to make investing simpler. Barclays Global Investors Canada has launched four fund-of-funds portfolios that are intended to go…

Hedge funds face image problem

If you mentioned the names Bear Stearns, Ospraie and Sowood to investors a year ago, their eyes would likely have lit up with dollar signs…

PPNs fall out of favour with investors and issuers

When Desjardins Group announced Monday that it was closing two lines of its principal-protected notes (PPNs), it was just another nail in the coffin for…

How things work

"Is there a bear in your portfolio?" screamed the ad with the picture of a mean-looking grizzly. It sure got my attention. Bear or inverse…

Fundcos offering ETF access to MFDA advisors

(September 2008) The idea that exchange-traded funds can be used within an active investment portfolio is getting a big push from some of the country’s…

  • By: Mark Noble
  • September 18, 2008 July 10, 2018
  • 00:00

Where the money is not

It’s a money trail that leads from Nassau to Montreal and Minnesota – a trail of tears said to have evaporated $1.5 billion or more…

AIMA to launch fund of hedge fund guidelines

(July 2008) Due to the growing popularity of fund of hedge fund products, the Alternative Investment Management Association said it will publish the world’s first…

Institutional speculation fuels commodity boom: Expert

(June 2008) Large institutional investors are fuelling the commodities boom, pouring vast sums of money into long-only positions, with actual demand playing a much smaller…

ETFs evolve into active investments

(May 2008) The exchange-traded fund market remains predominantly geared toward those looking for an inexpensive way to get exposure to market indexes. The low-cost nature…

Transparent alternatives wanted

(March 2008) A few years ago the thought of a hedge fund manager tipping his hand or letting investors get a glimpse inside his “black…

Investors overlooking muni-bonds

(February 2008) Everyone knows that government savings bonds are a safe way to invest, but they’re not much fun when it comes to returns. So…

The new long-term private capital

(January 2008) With recent stock turmoil pushing BCE shares to well below the takeover price negotiated by a consortium led by the Ontario Teachers’ Pension…