Category: Investments and markets

Second Quarter 2013 Review

Canadian Equity Canadian stocks were down 4.1% over the quarter, erasing year-to-date gains. The decline came in June due to weak performances from the materials, telecom services, technology and utilities sectors. Utilities, an interest-sensitive sector, was hurt as a result of rising bond yields, while telecom was pressured by the threat of increased...

The decline of active management

Ryan takes a look at managers through an active share lens to classify managers into different styles of active management. He then combines active share with tracking error (discussed in the previous article) to determine the true style of investment funds. This article was first published in Benefits Canada. Follow this link. http://www.benefitscanada.com...

Picking a winner: A tool for selecting active managers

Ryan Kuruliak, Vice President, has written an article in Benefits Canada entitled Picking a winner: A tool for selecting active managers "My previous article discussed techniques for monitoring an investment manager’s track record to avoid making poor (and expensive) hire/fire decisions. In that article I also promised to introduce a tool investors can use...

Predictable underperformance

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled Predictable underperformance "While most investors employ active management in an attempt to achieve market beating performance, I don’t believe investors fully realize just how likely it is that they will have to endure bouts of short to longer term underperformance in...

The risks of reaching for yield

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled The risks of reaching for yield "Pension plan sponsors require higher income to pay pension promises and higher returns to close the gap between their assets and liabilities. It’s not a surprise"....

First Quarter 2012 Review

Canadian Equity The Canadian equity market as measured by the S&P/TSX Composite Index grew 4.4% over the first quarter of 2012. Gains were led by the health care sector which represents 1.5% of the overall Index. Other notable outperformers included the consumer discretionary and financials sectors. The energy sector was the only negative performer,...

Fourth Quarter 2011 Review

Canadian Equity The Canadian economy regained some of the momentum it lost earlier in the year and reported positive GDP. The Canadian equity market as measured by the S&P/TSX Composite Index grew 3.6% over the quarter but finished the year down 8.7%. Gains were led by the industrials sector followed by the energy sector which posted positive results...

Back to basics: What, me, rebalance?

Ryan Kuruliak's most recent Benefits Canada Expert Panel article can be found here . The article discusses the benefits and challenges of portfolio rebalancing.

Benefits Canada - First Watch - Matching money manager fees to performance

Matching money manager fees to performance

Second Quarter 2011 Review

Canadian Equity The Canadian stock market continued to be resilient in the first quarter as a global economic recovery drove the S&P/TSX Composite to a gain of +3.1%. This is the fourth consecutive quarter of positive returns. Nine of the ten equity sectors finished positive. The strongest performing sectors were financials, health care and consumer...

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