Persistent inflation could contribute to a recession, but there are steps that can take to ease the pain
The recovery from the pandemic created strong demand for products and services, but supply remained weak as a result of supply chain disruptions, labour shortages, and the rising cost of food and oil. Together, these factors have contributed to high inflation, which central banks are fighting by raising interest rates. But some of these factors are beyond the reach of central bank鈥檚 efforts, like rising energy prices caused by the war in Ukraine, said Prof.
More efficient capital management could help pension funds strained by longer life expectancy
Canadians are living longer than ever. Life expectancy at retirement has increased by about four years since 1980. This creates a cash crunch for pension funds. Increasing current plan members contributions is one way to address this, but more efficient capital management can help too. Pension funds have a distinct advantage over other investors, argues Prof. Sebastien Betermier in Policy Options.
Delve: Can Loyalty in Investor Relationships Calm the Competitive Disruption of ETFs?
On the surface, the Exchange Traded Fund or ETF is a relatively straightforward concept, but it has become a major disruptor in the sphere of money management. In the past few years, mutual fund managers started to also manage ETFs for their clients鈥攁 way to potentially alleviate competition, maintain client loyalty, and keep institutional money within a growing family of funds.
Prof. Betermier lands new role as Director of ICPM
Sebastien Betermier, Associate Professor of Finance and Finance Area Coordinator at the Desautels Faculty of Management at 缅北强奸 has been appointed as the new Executive Director of The International Centre for Pension Management (ICPM).
Investing experience can help navigate market downturns
Many young investors have never lived through a major market downturn, and some novices could overreact as markets fall, according to Sebastien Betermier, an Associate Professor of Finance at Desautels.
Desautels鈥 event highlights innovative research and recognizes scholars
On Friday, May 13, members of the Desautels Faculty of Management gathered to celebrate the innovative and impactful research conducted by its scholars.聽
Fifteen professors were on hand to deliver two-minute presentations of their most interesting and research.
Canada鈥檚 largest pension plans are driving green development through real estate investments
The skyscrapers of Toronto鈥檚 financial district house Canada鈥檚 largest banks, and some of its most successful companies. The buildings themselves are largely owned by Canada鈥檚 largest pension funds, which have directly developed real estate across major Canadian cities.
Supply chain disruptions caused inflation, and the war in Ukraine is making it worse
Inflation is up. Way up. In March 2022, Canada experienced its biggest increase in inflation in more than three decades. The oft-cited monthly inflation figure represents the rate of change in the consumer price index, and many consumers are already feeling the pinch in their pocketbooks.
But why is it happening? Inflation is typically caused by either increased consumer demand in a strong economy, or by supply shortages that drive prices higher.
Prof. Sebastien Betermier talks investment strategies with Rational Reminder podcast
Stocks with high expected return appeal to many new investors, but can be exposed to high risks. Investors must consider how these risks can impact their overall financial situation,聽Prof. Sebastien Betermier tells the Rational Reminder podcast.
Professor Augustin receives Bank of Canada Governor鈥檚 Award
Congratulations to Patrick Augustin,聽Associate Professor of Finance, who received聽the Bank of Canada Governor鈥檚 Award.
DGFRC-sponsored finance workshop concludes successfully
The 9th edition of HEC-缅北强奸 Winter Finance Workshop as a special edition in collaboration with Goethe University successfully concluded on March 29, 2022. The conference, sponsored by the聽Desmarais Global Finance Research Centre, took place March 27-29 in Ischgl, Austria, and featured presentations of academic papers in all areas of finance, including interdisciplinary work in law and finance.
The Russian economy has cratered 鈥 but most Canadian investors are unlikely to have much exposure to it
Russia produces about 10 per cent of the world鈥檚 oil, but the rest of its economy is more of a lightweight. Before it attacked Ukraine, and had its financial system crippled by severe sanctions, Russia accounted for about three per cent of global GDP. Because Russian stock markets were closed after the invasion, investors have been unable to sell their holdings.
Can Cross-Border Funding Frictions Explain Financial Integration Reversals?
Authors: A. Akbari, Francesca Carrieri and A. Malkhozov
Publication: The Review of Financial Studies, Volume 35, Issue 1, January 2022, Pages 394鈥437
Abstract:
The potential long-term impact of unprecedented economic sanctions on Russia
While the use of economic sanctions for political means is no new strategy, the magnitude of the sanctions imposed on Russia in the wake of Putin鈥檚 invasion of neighbouring Ukraine is unprecedented, says Professor Sebastien Betermier in an interview with CTV Montreal.
The truth behind divestment at public and private firms
The transition to a clean energy economy is only beginning, but its reverberations are already being felt in global markets.