It's a new world out there. This completely revised and updated edition will show Canadians how to survive and thrive in uncertain and volatile markets. The new edition includes performance analysis on more than 100 newly established ETFs. Exchange traded funds have been called the next generation of mutual funds. Some advocates even believe ETFs will overtake mutual funds as surely as CDs made LPs obsolete. In 2000 there were 30 ETFs trading on North American stock exchanges with assets of $36.5 billion. Today there are more 100 ETFs being traded with assets of more than $75 billion. Analysts predict that within the next five years the number of ETFs will skyrocket, holding assets in excess of $1 trillion. The New Investment Frontier is the first book that will guide Canadians through the bewildering world of ETF investments. It not only discusses the various Canadian and American ETFs available, but it also examines the different tax considerations for Canadians buying American ETFs and RRSP restrictions. Although they are not yet numerous on Canadian exchanges today, ETFs are a growing and significant market presence. The largest Canadian ETF is the i60 Fund which was the fifth-most-traded stock on the TSE. The New Investment Frontier will prepare Canadians to take part in the cutting edge of international investment.
Sweeping changes have hit the financial services industry at the same time as more and more Canadians are turning to professionals to invest their money. Consumers want to work with qualified professionals, but are often left to work with narrow, product-based sales representatives.
Elegant tomboys, academic femmes, small town kisses, and international dykes; road trip encounters and scenes from a straight bar; questions arising from an in-between culture; the music of travel and hotel room orgasms. Crossing race, culture, and gender constraints, No Margins leads the reader through the lushness of lesbian life and the vastness of Canadian experience.
A sophisticated guide to today?s hottest investment vehicle? exchange traded funds The ETF Strategist is aimed primarily at investment advisers and sophisticated retail investors who are interested in using exchange traded funds, or using them more effectively than they already do. Compared with mutual funds, ETFs can offer a better way to diversify risk, target specific sectors or countries, avoid style drift, and maintain a specific asset allocation that might include real estate or commodities. Previous ETF books have focused on their mechanics, regulation, and other basic information. But The ETF Strategist goes much further, showing how ETFs can improve many aspects of an overall investment strategy. It explores advanced concepts such as alphabeta separation, which basically means ?don?t confuse skill with risk.? And it shows how different ETFs can be combined to find the ideal balance of risk and potential reward.
The Impact of Dynamic-related Diversification on the Multi-business Firm
Author: Matthias Knecht
Publisher: Springer Science & Business Media
Category: Business & Economics
The decision to diversify lies at the core of corporate strategy and is one of the most important decisions for top management. Matthias Knecht introduces a new perspective on corporate diversification that extends the academic discussion and reveals substantial new insights with regards to one of the most pressing questions in strategic management: what makes a diversification strategy successful? The author introduces the dynamism of industries as the dominant force in the firm’s environment that influences the organization on all levels. Due to strategic, organizational, and managerial similarities of businesses competing in similar dynamic environments, synergistic benefits and superior economic performance can be realized through the combination of dynamic-related businesses in the corporate portfolio. This study provides a quantitative, multidimensional operationalization of industry dynamism and an in-depth assessment of the dynamism of a wide range of industries. At the core of the study lies the investigation of the performance impact of dynamic-related diversification strategies. The results provide new insights into successful portfolio construction strategies in the face of today’s dynamic environments.
New York Businessmen and the Economic Development of the Old Northwest
Author: John D. Haeger
Publisher: SUNY Press
The American West did not grow in isolation from the East. On the contrary, New York financiers and other eastern entrepreneurs were crucial to Americas western economic development, providing the necessary capital and expertise to transform the West into a productive part of the nations economy. This thesis is powerfully demonstrated by John Denis Haeger in this study concerning the Old Northwest (the present-day states of Ohio, Michigan, Indiana, Illinois and Wisconsin) during the years 1815-1840. The result of years of research in manuscript collections and government documents, the book provides a comprehensive picture of early land speculators, examining their investments in farm lands, town lots, banks and transportation improvements, as well as their influence on western businessmen and institutions. It also explores their political and economic affairs on the East Coast, since these matters dramatically affected the scope of their western investments. Historians generalizations about nonresident investors or eastern speculators have previously assumed a common type and business method when, in fact, easterners possessed varying economic goals and utilized different business strategies. To demonstrate this, Haeger compares and contrasts the promoter Charles Butler and the conservative speculators Isaac and Arthur Bronson, key figures among New Yorks financial elite, whose careers and strategies are for the first time described in detail. The activities of these investment pioneers, whose every move was calculated to return profits, challenge the traditional images of westward expansion as a largely unplanned and spontaneous movement of people and capital.
How to Profit from the Coming Boom in Biotechnology
Author: Tom Abate
Publisher: Times Books
Category: Business & Economics
A sophisticated investor's practical tool kit for analyzing the science, business, opportunities, and risks in the century's most promising industry The world is entering a biotechnology boom-but only informed investors will prosper in the incredibly complex biotech business. Separating the bioengineered wheat from the chaff, San Francisco Chronicle science and technology columnist Tom Abate, one of the top objective authorities on biotech, gives investors the analytical foundation to understand the science, finances, time horizon, and technological and commercial potential of this burgeoning industry. In The Biotech Investor, Abate provides sophisticated business analysis, guidelines for assessing company leadership, easy-to-digest reports from the labs, and indispensable investor tools and metrics. He explains how breaking news, medical conferences, U.S. Food and Drug Administration approvals, and the patent process affect investing strategies. Finally, he looks beyond medicine to review the financial opportunities presented by biotechnology advances in everything from agriculture to jean manufacturing, and shows investors how to identify "coattail" industries such as instrumentation and software development that will benefit from biotech successes. The Biotech Investor is the comprehensive, expert source for successful and intelligent investing in one of the twenty-first century's most promising industries.
A compelling blend of legal and political history, this book chronicles the largest tenant rebellion in U.S. history. From its beginning in the rural villages of eastern New York in 1839 until its collapse in 1865, the Anti-Rent movement impelled the state's governors, legislators, judges, and journalists, as well as delegates to New York's bellwether constitutional convention of 1846, to wrestle with two difficult problems of social policy. One was how to put down violent tenant resistance to the enforcement of landlord property and contract rights. The second was how to abolish the archaic form of land tenure at the root of the rent strike. Charles McCurdy considers the public debate on these questions from a fresh perspective. Instead of treating law and politics as dependent variables--as mirrors of social interests or accelerators of social change--he highlights the manifold ways in which law and politics shaped both the pattern of Anti-Rent violence and the drive for land reform. In the process, he provides a major reinterpretation of the ideas and institutions that diminished the promise of American democracy in the supposed "golden age" of American law and politics.
This revised and updated second edition of The Globalizationand Development Reader builds on the considerable success of afirst edition that has been used around the world. It combinesselected readings and editorial material to provide a coherent textwith global coverage, reflecting new theoretical and empiricaldevelopments. Main text and core reference for students and professionalsstudying the processes of social change and development in“third world” countries. Carefully excerpted materialsfacilitate the understanding of classic and contemporarywritings Second edition includes 33 essential readings, including 21 newselections New pieces cover the impact of the recession in the globalNorth, global inequality and uneven development, gender,international migration, the role of cities, agriculture and on thegovernance of pharmaceuticals and climate change politics Increased coverage of China and India help to provide genuinelyglobal coverage, and for a student readership the materials havebeen subject to a higher degree of editing in the new edition Includes a general introduction to the field, and short,insightful section introductions to each reading New readings include selections by Alexander Gershenkron, AliceAmsden, Amartya Sen, Anne-Marie Slaughter, Cecile Jackson, DaniRodrik, David Harvey, Greta Krippner, Kathryn Sikkink, LeslieSklair, Margaret E. Keck, Michael Burawoy, Nitsan Chorev, OscarLewis, Patrick Bond, Peter Evans, Philip McMichael, Pranab Bardhan,Ruth Pearson, Sarah Babb, Saskia Sassen, and Steve Radelet