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…
I’ve always loved to travel. Whether it be for work, school or pleasure, travel to new and unfamiliar destinations has been one of the few constants in my life over the past 10 years. I have now been to over…
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…
Looking back to the Spring 2018 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Solving the Hassle Map So, what is a hassle map? It…
Looking back to the Spring 2017 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Our Time in Japan My colleague Eric Weir and I spent…
As you might imagine, we do a substantial amount of reading in our work of managing the financial and personal affairs of families of wealth. This includes quarterly investment letters, political think pieces, global trends and, of course, topics in…
Looking back to the Winter 2015 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Hearing from Clients A few months ago, we asked some clients…
You are going to hear more and more about 'gamma'. This is what a family office does. This article featured in the Journal of Retirement by David Blanchett and Paul Kaplan of Morningstar provides excellent detail on the concept. "[I]nvestors…
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…
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…
