Investors

Is the Boeing rally for real?

Is the Boeing (Boeing Stock Quote, Chart, News NYSE:BA) rally for real? At least one veteran investor says the stock is still a no-go zone for him, even as it has risen sharply off its May lows. Woe be the airlines during COVID-19, but the weight pulling down Boeing is a lot heavier, says portfolio ...

The Great Coronavirus Unwinding?

Fred Imbert, Yun Li and Eustance Huang of CNBC report stocks post biggest rally since 2008, clawing back some of their coronavirus collapse:Stocks rose sharply in volatile trading Friday as Wall Street tried to rebound from the sharp losses suffered in the previous session — the worst since th ...

Is the Capitalist System Really Broken?

Catherine Clifford of CNBC reports on on how America’s capitalist system is ‘broken,’ according to billionaire financier Ray Dalio:“The world has gone mad and the system is broken.”So says Ray Dalio, the billionaire financier and founder of Bridgewater Associates, the largest hedge fund i ...

CIO's 2019 Power 100 List

Chief Investment Officer recently announced its Power 100 list for 2019:For the eighth edition of the Power 100, we laud the asset owners who have distinguished themselves in navigating a changing, and often perilous, market landscape. Come 2020, the ground surely will continue to shift beneath the ...

CDPQ, OTPP Finance New Insurance Platform

CDPQ and Ontario Teachers’ have partnered with industry veteran Anurag Chandra to launch a new insurance platform:Constellation Insurance Holdings (“Constellation”), founded by Anurag Chandra, former CEO of Prosperity Life Insurance Group (“Prosperity”), announced today that it has partne ...

Will the Fed Goose Markets?

Stocks jumped on Friday, building on strong weekly gains, as a weak jobs report spurred rate-cut hopes:The Dow Jones Industrial Average traded 260 points higher, led by gains in Microsoft and Apple. The S&P 500 climbed 1.2% as the tech sector outperformed. The Nasdaq Composite gained 1.7%.The U.S. ...

OMERS, CPPIB and Highway 407

The Financial Post reports that SNC-Lavalin's proposed sale of 10 per cent of the 407 to the Ontario Municipal Employees Retirement System (OMERS) for $3.25 billion precludes the possibility of a bidding war and also puts the company on the hook for a sizable breakup fee if the deal falls apart:SN ...

Canadian Funds Vying For Jio's Infra Assets

Krishna V Kurup of Reuters reports, Global investors in talks to invest in India's Reliance Jio infra investment trusts:Global investors are in talks with Reliance Industries Ltd (RIL) to invest in two infrastructure investment trusts set up to own Reliance Jio’s tower and fiber assets, the Econo ...

OMERS Gains 2.3% in 2018

Benefits Canada reports, OMERS posts 2.3% return for 2018:The Ontario Municipal Employees Retirement System posted a 2.3 per cent return for 2018, pulling in $2.2 billion.In 2017, the fund saw a return of 11.5 per cent for the year and boosted its funded status to 94 per cent. For 2018, the funded ...

The Legend of Jack Bogle?

Art Carey and Erin Arvedlund of the Philadelphia Inquirer report, John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89:John C. Bogle, 89, who revolutionized the way Americans save for the future, championed the interests of the small investor, and railed against ...