Tag Archives: Industry info

It’s True: More Canadians are Cashing in their RRSPs Early

It’s True: More Canadians are Cashing in their RRSPs Early

Using data from Statistics Canada, Global News did some digging in order to answer the question:  Are more Canadians cashing out their RRSPs early?  The answer is a decided yes.

According to the article on GlobalNews.ca:

The biggest increase was from 2007 to 2009, when 1.86 million Canadians took out RRSP cash early. That figure dipped slightly by 2012, to 1.82 across Canada, but remains about 7 per cent above 2007 levels nationally, 12 per cent above 2007 levels in Quebec and almost 10 per cent above in comparatively wealthy Alberta.

These infographics tell the story.  Although it isn’t … Continue reading

Tagged:

Comments Off on It’s True: More Canadians are Cashing in their RRSPs Early

The Activist Investor Scorecard

The Activist Investor Scorecard

With thanks to The New York Times, here’s an activist investor scorecard for some of the most well-known in the industry (at least in the U.S.).

According to the scorecard’s creators, William Alden, Michael J. de la Merced and Jennifer Daniel:

The activist investors of Wall Street — who often buy stakes in companies and lobby for change — are an increasingly powerful force. Sometimes these investors achieve nearly all their goals, like shaking up a board, and sometimes they earn huge profits. Other times, they achieve their goals and still suffer losses — or they fall short of their … Continue reading

Tagged:

Comments Off on The Activist Investor Scorecard

Market Returns by Nation

Market Returns by Nation

Novel Investor has developed this impressive infographic which provides an at-a-glance look at changes in market trends across the top 12 international stock markets in the MSCI EAFE over the past 15 years.  (The U.S. is conspicuously absent presumably because it was developed for an American audience.) As of December 31, 2014, with an average annual return of 7.75%, Canada sits in second place behind Australia at 10.04%.

The “best” vs. “worst” returns underscore what a wild ride it’s been.

Tagged:

Comments Off on Market Returns by Nation

This Week in Financial History

This Week in Financial History

For the week of January 19th

January 19, 1982

Statistics Canada announces 1981 inflation rate of 12.5%; a 33-year high.

January 20, 1870

Woodhull, Claflin, & Co. run by Victoria Woodhull and Tennessee Claflin becomes the first brokerage firm run exclusively by women.

January 22, 1968

In an emergency move, the New York Stock Exchange closes 90 minutes early, at 2 p.m. The early close, reports The Wall Street Journal, is meant to help inundated trading clerks catch up on a “deluge of paper work that has resulted from a recent sustained period of unusually heavy trading.” The … Continue reading

Tagged:

Comments Off on This Week in Financial History

Industry Rankings According to the Guru Strategy

Industry Rankings According to the Guru Strategy

Using John P. Reese’s Guru Strategy, Validea.com has ranked the U.S. industries with the largest number of stocks.  The guru strategy is based on “investing models that rank dozens of industries using a wide range of financial and fundamental data. The rankings include a value index, a growth index, and an overall index that takes both growth and value factors into account”.  They are:

 

Tagged:

Comments Off on Industry Rankings According to the Guru Strategy

Best Predictions of the Past 25 Years

Best Predictions of the Past 25 Years

How many of these would you have selected?  CNBC’s Jeff Cox put together this list of the greatest forecasts of the past 25 years.  As he says:

“…the financial markets are littered with forecasters, most with either an outwardly bullish (optimistic) or bearish (pessimistic) bias. Most of them missed the financial crisis when it hit by being too bullish, and some have been too bearish since, worrying that another systemic collapse is around the corner when in fact equity markets, at least, continue to zoom to new highs.”

In Cox’s view, here are the best of the best:

Continue reading

Tagged:

Comments Off on Best Predictions of the Past 25 Years

IIAC Top Under 40 Award: Nominations Now Being Accepted

IIAC Top Under 40 Award: Nominations Now Being Accepted

Established in 2013 by the Smarten Up Institute, in collaboration with the Investment Industry Association of Canada, the IIAC Top Under 40 Award is designed to celebrate an individual whose drive, dedication, and personal and professional qualities render him or her capable of having a positive influence on the investment industry early in his/her professional life.

One recipient will be awarded the opportunity to work alongside one of the top industry leaders for a one week period in association with the Smarten Up Institute’s Mentor Program®.  A real benefit is the rare opportunity for a young ‘up and comer’ … Continue reading

Tagged:

Comments Off on IIAC Top Under 40 Award: Nominations Now Being Accepted

Banks Continue to Battle Cybersecurity Challenges

Banks Continue to Battle Cybersecurity Challenges

CDW Financial Services has produced a compelling infographic regarding the challenges facing the financial services industry when it comes to cybersecurity.  In an effort to determine the extent of the threats, CDW surveyed more than 150 U.S. bank managers familiar with cybersecurity issues.

 

Take a look at our latest infographic, which debunks cybersecurity myths, highlights vulnerabilities and provides an overview of best-in-class solutions to keep cyber criminals at bay.

Tagged:

Comments Off on Banks Continue to Battle Cybersecurity Challenges

IIAC Member Firms’ Key Industry Issues

IIAC Member Firms’ Key Industry Issues

The IIAC recently conducted a survey of its member firms – respondents included C-Suites and Committee and Working Groups members – on a wide range of topics relevant to Canada’s investment industry and capital markets.  One of the questions asked participants to rank the industry’s key issues in order of importance. 

Here are the top five:

Know your client and suitability Client Relationship Model Multiple marketplace regulation Cross-border issues (e.g. FINRA rules) U.S./International tax reporting

The IIAC’s positions and advocacy efforts on these and other important issues can be found here.

Tagged:

Comments Off on IIAC Member Firms’ Key Industry Issues

Warren Buffett’s Top 25 Stocks

Warren Buffett’s Top 25 Stocks

It’s hard to argue with success.  So TheStreet.com decided to put together a list of Warren Buffet’s top 25 holdings.  As of September 30, 2014, here are the top 10:

1.Wells Fargo & Company (WFC)Value of Holdings: $24.04 billion Portfolio Weighting as of 9/30/2014: 22.3%

2.The Coca-Cola Company (KO)Value of Holdings: $17.06 billion Portfolio Weighting as of 9/30/2014: 15.8%

 3.International Business Machines Corp. (IBM)Value of Holdings: $13.38 billion Portfolio Weighting as of 9/30/2014: 12.4%

 4.American Express Company (AXP)Value of Holdings: $13.27 billion Portfolio Weighting as of 9/30/2014: 12.3%

 5.Wal-Mart Stores, Inc. (WMT)Value of Holdings: … Continue reading

Tagged:

Comments Off on Warren Buffett’s Top 25 Stocks