Monday morning briefing – October 28, 2019
Will active managers become more activist? A look at volatility in the private markets. Interest in impact investing continues to rise. And much more in this week’s briefing.
Economic/industry news
The ECB held its central interest rate steady: ECB holds rates at historic lows as Mario Draghi waves farewell to Frankfurt
Canadian retail sales dropped in August: Retail sales fell slightly in August, Statistics Canada reports
Why growth has outperformed value: The real reason value has been lagging growth
A look at what will impact markets over the next few decades: Aging population top global investment trend, institutional investors say
Interest in factor investing on the rise: Factor investing strategies becoming more popular for fixed income: survey
Will active managers become more activist?: A Wall Street revolution: Why active fund managers have ‘stopped yawning and started flexing their muscles’
Gold’s comeback: The story behind gold’s resurgence
News and notes (U.S.)
A look at the hedge fund industry in September: State of the industry: September 2019
Hedge funds have experienced net redemptions in 2019: Hedge fund industry sees 6th consecutive quarter of outflows
Charles Schwab launches the Schwab Alternative Investment Marketplace: Schwab launches alts marketplace for advisors
Jeffrey Vinik closes hedge fund: Billionaire investor Jeffrey Vinik closes hedge fund less than a year after its relaunch
A look at volatility in the private markets: KKR: Private markets are much more volatile than they appear
U.S. executives believe M&A activity will be better next year: US M&A remains resilient despite market fears
A look at ETF flows in 2019: Where the ETF money flowed in 2019
News and notes (Canada)
Picton Mahoney to acquire funds from Vertex One: Picton Mahoney gains five funds from Vertex One
New ETF from Mackenzie: Mackenzie launches emerging markets bond ETF
Mutual funds were in favour in September: Mutual fund sales soared in September
A look at the possible financial impact from a Liberal minority government: How a Liberal minority government could help, or hit, Canadians’ wallets
Learn about the head of the Canada Infrastructure Bank: A profile of Janice Fukakusa, chair of the Canada Infrastructure Bank
On the pulse – New frontiers in fintech
How finance can benefit from AI: What can AI and big data do for finance?
Four principles to launch unique products: 4 crucial steps to transform banking products for a fintech world
Partnership formed to launch fintech research unit: Fintech research unit founded by AMF, Finance Montreal
Why improving the onboarding process is crucial: Research shows banks could lose $22.75bn to slow onboarding
Alberta Investment Management Corp. using AI to predict stock price movements: Institutional investors turning to AI, data science to improve processes, yield alpha
Using API to better your business: How can organizations take advantage of the API economy?
Cyberattack discovered, focused on institutional investors: Cyber attack hits prominent hedge fund, endowment, and foundation
Wealthscope launched to help investors look at total portfolio diversification: New tool to help those accumulating and decumulating retirement assets
WealthBar acquires Snap Projections: WealthBar deepens financial-planning commitment with acquisition
Is there a place for blockchain in fintech?: Blockchain: Is it the future of fintech?
High-net-worth topics
The high-net-worth in the U.K. are concerned about the political landscape: Politics is more worrying than Brexit for Britain’s wealthy
Wealthy executives have specific needs from a financial advisor: What high-earning executives need, and aren’t getting, from advisors
A look at the world’s ultrawealthy: Who are the ultrawealthy? These charts will give you an idea
Polls & surveys – What financials are saying
Interest in impact investing continues to rise (American Century): US, UK millennials embrace impact, ESG investing: Survey
Lacking knowledge of fixed income securities (BNY Mellon): Survey reveals severe lack of awareness on fixed income
Canada falling behind in dealing with climate risk (FTSE Russell): Canada’s climate readiness gets a thumb-down