The Globe and Mail shed a bit of light on the small universe of private real estate investment trusts (REITs) in Canada. The article touches on both the benefits and perils of this emerging product segment. I recently reviewed a Canadian...
The Globe and Mail recently reported that Michael Lee-Chin was planning a return to the retail investment industry. He has spoken specifically about his desire to bring institutional private equity exposure to retail investors in Canada. ...
For those seeking a safe and dependable income source, today’s painfully low interest rates pose a real challenge. Bank of Canada Governor Mark Carney regularly reminds us that persistent low rates can be dangerous because they incent...
Real estate has long formed the core of investors’ hard asset exposure. Individuals and institutions invest in real estate for many reasons – i.e. diversification, cash flow and/or inflation protection. As with asset classes beyond...
In a recent Globe & Mail article, I was quoted as saying that I was amazed that real estate mutual and segregated funds still existed. I was surprised at the extent of feedback I received on this seemingly innocent quote. But clearly, the...