Research Department

Investment Advice: The Inside Story

By Raymond Kerzérho · November 15, 2016 - 0 comments

Evaluating investment advice is a difficult but necessary step on the path to your financial success. In this third post and in the upcoming fourth one in this series on the value of investment advice, we’ll describe some of the services performed by competent investment advisors, with a particular focus on services that provide hard-to-quantify benefits.

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The Right Advisor: Finding a Needle in a Haystack

By Raymond Kerzérho · November 7, 2016 - 0 comments

It may be difficult to evaluate investment advice, but it’s a necessary task on the path to your financial success. In this second post on the value of investment advice, we’ll look at the profile of individuals who need an advisor, describe the types of advisors available and offer pointers to find the professional that’s right for you.

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Understanding the Value of an Investment Advisor

By Raymond Kerzérho · November 1, 2016 - 0 comments

A competent investment advisor can help you make the most of your portfolio and avoid costly mistakes. However, investment advice comes at a cost, so it’s important to understand the services performed and their value. This series will help you do just that. This first post looks at why it’s so hard to put a value on financial advice.

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Active Fund Performance in the Developed World

By Raymond Kerzérho · May 16, 2016 - 0 comments

The SPIVA Canada scorecard, a Standard and Poor’s report on the relative performance of active mutual funds relative to their benchmark index, was released a few days ago. For over ten years, this report has documented the underperformance of active management. Less well-know is the fact that the same analysis is published for other major markets around the world. We would like to discuss the results observed in all developed markets, except Japan (the SPIVA Japan report is published in Japanese!).

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