This is the third instalment in a series that explores a number of finance and investment concepts in both theory and in practice. Chemists use the term “volatility” to describe the tendency of a liquid or solid to evaporate at…
What is Responsible Investing ("RI")? Definitions vary widely, and it can take a number of different forms. But in general, RI involves focusing on more than just financial profits. It recognizes that an investment is more than just transactions and…
Today’s investment environment, characterized by low interest rates and historically higher asset valuations, presents a challenge for investors, particularly those faced with the task of balancing their needs to generate income and growth, with managing risk to protect their capital.…
As it turns out, 2014 proved to be a very challenging year for active equity fund managers. The S&P 500 reached all time highs, yet close to 90% of US active managers trailed the index. The Vanguard 500, a leading…
A Frustrating Landscape for Private Fixed Income Investors The fixed income market landscape in Canada continues to frustrate investors. A confluence of economic events that have taken place over the past several months has sent the 10 year Government of…
This piece by Dr. James Grubman and Dr. Dennis Jaffe, is one of the many thought-provoking guest essays originally featured in my new book, ‘Family Wealth Management – 7 Imperatives for Successful Investing in the New World Order’, available on Amazon…
The research team at Lazard Asset Management in New York has put together a concise report on the current state of the oil market and investment implications of a lower oil price. In my opinion, this piece does a great…
In mid-2014 I chaired the 10th Canadian Private Family Office Invitational in Banff, Alberta, where I led a panel discussion on how families of wealth can effectively manage direct private equity investments. In addition to me, the panelists included family office…
