Blog: Cutting Through the Noise
Postings
A Good Money Manager is Brave Enough to Say "I don't know"
Excerpt from Tom Bradley's blog on October 21, 2006
The Globe and Mail, Report on Business Published October 21st, 2006 There are plenty of sports analogies that are appropriate to investing, but I find golf provides the most fertile ground. With both golf and investing, it takes only a ...Read More
An Evolving Asset Class - "Not-so-private" Equity
Excerpt from Tom Bradley's blog on October 18, 2006
Every few weeks there is news of a takeover in the Canadian market. Increasingly, the buyers are private equity firms rather than other industry players. Of course, this is just part of a worldwide phenomenon. Private equity firms are hungry ...Read More
Diversify or Prepare to Suffer the Fallout
Excerpt from Tom Bradley's blog on October 9, 2006
The Globe and Mail, Report on Business Published October 6, 2006 This column represents an anniversary of sorts. It's the tenth column of my burgeoning writing career with the Report on Business. Of the previous nine, the best reaction I've ...Read More
PPNs III: Believe Me. I'm Not Making This Up
Excerpt from Tom Bradley's blog on October 6, 2006
I promised myself that I wouldn't do any more postings on structured products for at least a few weeks, but I can't resist this one. The Financial Post had a small item on Monday about CIBC coming out with a ...Read More
PPNs II - Why Would Anyone Buy the BMO/Saxon Note?
Excerpt from Tom Bradley's blog on October 6, 2006
I thought that Rob Carrick's article in the Saturday Report on Business was excellent. It did a side by side comparison of the Saxon Balanced Fund and the BMO Saxon Balanced Protected Deposit Notes (another new PPN with a brutal ...Read More
Steadyhand Investment Funds Update
Excerpt from Tom Bradley's blog on September 27, 2006
This is just a quick update to let people know where we're at on the startup of Steadyhand Investment Funds. First of all, I want to thank those who sent us their best wishes and encouragement after our initial announcement. ...Read More
The Agony and Ecstasy of the Absolute-return Manager
Excerpt from Tom Bradley's blog on September 22, 2006
The Globe and Mail, Report on Business Published September 22nd, 2006 Because I'm starting a new mutual fund company, I've had the opportunity to sit down and talk to a lot of money managers over the last few months. I've ...Read More
Sleepless in Kitsilano
Excerpt from Tom Bradley's blog on September 21, 2006
I woke up way too early this morning (against my will). I decided not to fight it and instead used it as a chance to catch up on the reading that has been piling up. Part of the pile was ...Read More
Business Startup Reality Check I - The IRC
Excerpt from Tom Bradley's blog on September 15, 2006
I went to a seminar yesterday sponsored by the law firm, Borden Ladner Gervais (BLG). It was about setting up an "Independent Review Committee" (IRC) for a mutual fund company. Going forward, each company must have a committee of independent ...Read More
Investment Industry's Perverse World: Pray for Bad News
Excerpt from Tom Bradley's blog on September 5, 2006
The Globe and Mail, Report on Business, Guest Column Published September 2nd, 2006 If I had to choose one word to describe the investment industry, I'd pick ‘perverse’. It is like no other industry I know. That word came to ...Read More
PPNs - The Investment Industry's Vioxx
Excerpt from Tom Bradley's blog on August 30, 2006
Since my column on principal-protected notes was published in the Globe & Mail on August 1st, I've had lots of e-mails. Almost without exception, they've been supportive of my view. Stuff like: "right on" ... someone needs to take a ...Read More
You're Paying Too Much If...
Excerpt from Tom Bradley's blog on August 23, 2006
Jonathan Chevreau of the National Post is known for continually pounding away on the fee issue. He had lots of ammunition this week when he got his hands on a U.S. academic study called "Mutual Fund Fees Around the World". ...Read More
