Changing how investment returns are reported
Understanding your investment returns is something most investors want. Last year there was a change to how that return is calculated. The significance is that understanding the simple logic of this change will help investors better understand how well their investments are doing. Last year the Canadian Securities Administrators mandated that investment returns be calculated […]
Disconnect between investor client and investment manager
There is a conflict of interest between the two major participants in the financial services industry. I anticipate this conflict will continue. Specifically, there is a disconnect between the investor client and investment managers responsible for managing mutual funds and other investment products. On the surface, it would appear that both investor clients and those […]
