WP Talk

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Canadians’ net wealth and net savings positions have weakened as expenditure and debt outpaced income and assets.

US equity-index futures struggled for direction as traders remained concerned over hawkish central banks, worsening economic data and earnings hiccups in the world’s largest economy.

What’s the world’s most valuable brand in 2023?

Nominations are open for the 9th Wealth Professional Awards

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why Harbourfront’s president is excited for 2023; Market pressures add to US active mutual fund woes; and Canadian oil firms eye growth fund to boost carbon capture.

Infrastructure investing has historically benefited in inflationary environments and is emerging to be an attractive feature given today’s market dynamics. In the latest episode of WP Talk, Dave Wahl, director, senior portfolio specialist at Franklin Templeton, discusses the importance of investing in infrastructure today and the top advantages it provides. He also delves into the current market conditions and makes a case for why you’ll need an active strategy if you’re going to reap the benefits of infrastructure investing.

 

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Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the prospectus and fund fact/ETF facts document before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.

The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.

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Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

The balance between ensuring the retirement security of Canadians and protecting against climate change is not being adequately planned by pension funds.

The world is becoming less trusting of institutions that impact our wealth and wider lives according to a new report.

Disney heiress Abigail Disney and The Hulk actor Mark Ruffalo are among the group of 205 millionaires and billionaires who on Wednesday urged world leaders and corporate executives attending the WEF in Davos to swiftly enact wealth taxes to combat "extreme inequality."

Nominations are open for the 9th Wealth Professional Awards

These stories in full at wealthprofessional.ca and in our newsletters, plus: The economy is impacting Canadians’ 2023 home renovation plans; HomeEquity Bank’s reverse mortgage business still booming; and What car brands are the choice of wealthy buyers?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

A major survey of business leaders has revealed a generally-negative outlook for the global economy in the next 12 months.

Canada’s new single self-regulatory organization has announced the members of its Investor Advisor Panel (IAP).

BMO has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas. 

Nominations are open for the 9th Wealth Professional Awards

These stories in full at wealthprofessional.ca and in our newsletters, plus: RBC iShares beefs up its shelf with covered-call ETFs; Don’t be blinded by the ESG premium, says top PM; and should young adult clients be wary of finfluencers?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

There is more data this week highlighting the pressures that Canadian households are feeling after almost a year of rising prices and interest rate hikes.

Report shows tumultuous year for global ETF industry.

The personal relationships that are a traditional core of the investment banking may be holding the industry back from innovation.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Nominations are open for the 9th Wealth Professional Awards; Fiera Capital names new global head of real estate; and Can Canada stick its post-rate hike landing?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Wealth inequality report calls for greater taxation of wealthiest 1%

WEF economists poll shows bleak outlook for global economy 

Bitcoin starts the year on a high as FOMO helps crypto find its mojo

These stories in full at wealthprofessional.ca and in our newsletters, plus: Equity rally falters as markets take a reality check; European debt no match for US Treasuries say investors; and China’s blue chip stocks are back in favour.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

CFIB's Main Street Quarterly report reveals some signs that recession could be avoided, at least for now.

Optimistic tone from Royal LePage as Q4 2022 Canadian home price data is unveiled.

Markets digest stats to second-guess the Fed; equities rise on positive signs.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Bank of Canada losses could exceed $8 billion; how were high income Canadians impacted by the pandemic; and a top woman advisor looks back on her rally car racing career.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

While there may be many headwinds for the global banking industry in 2023, one thing dominates concern among its chief risk officers (CROs).

Canada’s largest cities are getting bigger and more expensive, forcing hundreds of thousands of people to search for affordable housing elsewhere.

Economic uncertainty and the continued pressure of inflation and rate hikes has not dampened the resolve of Canadians to reach their financial goals in 2023.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Cracks form around Canadian banks’ outperformance record; Why defensive stocks are ideal amid profits recession; and as Blue Monday approaches, are you a Whole Foods advisor or a Wal-Mart advisor?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Investors in Canada’s commercial real estate (CRE) market will remain exposed to risk from several economic factors in 2023.

Hour-long interviews with almost 80 billionaires with an average US$4.9 billion by JP Morgan Private Bank has revealed how some of the world’s wealthiest families manage their fortunes.

New research by the Canadian Federation of Independent Business (CFIB) shows that over seventy-six percent (76%) of small business owners are expecting to sell their company within the next 10 years.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Evolve Funds Group officially launches new yield funds; Ontario farmland’s long history of phenomenal growth; and after 2022’s perfect storm, are REITs poised for a breaking dawn?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Wealth managers for some of the world’s richest families have revealed their key focuses for the year ahead.

A new analysis by Point2Homes.com considers the cost of renting and homeownership across Canada and reveals the cities where the cost of shelter is the highest and lowest.

Despite the market fall, worldwide net inflows into ETFs totaled US$867 billion throughout 2022, which is second-highest on record only to the US$1.29 trillion peak reached in 2021, according to new figures from BlackRock.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Richardson Wealth announces successful transition to Fidelity Clearing; PSP Investments bolsters its senior executive leadership; and have central banks’ shock treatment brought fixed income back?