7.3%
7%
Source: The Alberta Investment Management Corp.
“When the pandemic hit, they were in the process of scaling up the online part of the business and the pandemic was an opportunity to accelerate it. They saw their online business explode. Now they’re online and offline is slowly coming back. They’re able to overcome difficult situations and bring value to customers.”
And Ehrmann says that while China will likely have the best year out of the emerging markets, there’s considerable potential in countries like Brazil and India. “Given that they fell sharply and their economies were curtailed and continue to be damaged by the pandemic, it’s hard to predict exactly when things will turn. But there’s been a move toward normalcy. I expect as the year progresses, some of these larger and strongly performing economies will catch the eye [of institutional investors].”
PRESS DIGEST-Canada - April 16 Reuters 2 hrs ago
April 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
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THE GLOBE AND MAIL Magnet Forensics Inc, a cybersecurity company based in Waterloo, has formally filed to go public in a C$90-million ($72.02 million) offering that could be the first new issue from the tech-heavy region in 15 years. https://tgam.ca/3e6rbFr The NEO Exchange is launching a listing mechanism called the growth acquisition corporation, or G-Corp, a go-public vehicle similar to a special purpose acquisition company, or SPAC, but geared toward companies with a smaller market value. https://tgam.ca/3mPOEPg
7.3%
7%
Source: The Alberta Investment Management Corp.
“When the pandemic hit, they were in the process of scaling up the online part of the business and the pandemic was an opportunity to accelerate it. They saw their online business explode. Now they’re online and offline is slowly coming back. They’re able to overcome difficult situations and bring value to customers.”
And Ehrmann says that while China will likely have the best year out of the emerging markets, there’s considerable potential in countries like Brazil and India. “Given that they fell sharply and their economies were curtailed and continue to be damaged by the pandemic, it’s hard to predict exactly when things will turn. But there’s been a move toward normalcy. I expect as the year progresses, some of these larger and strongly performing economies will catch the eye [of institutional investors].”
The Globe and Mail Larry MacDonald Published April 15, 2021
It looks like small investors can compete against institutional and professional investors after all.
That may be one of the takeaways from the recent collapse of Archegos Capital Management. The money manager’s failure also highlights regulatory gaps that allow stocks to be unduly influenced, the potential for hidden short squeezes and investment opportunities among Archegos’s pummelled stocks.
First, consider an investment made by Archegos, the Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corp. (AIMC). All three acquired large stakes in GSX Techedu Inc. , a firm operating in the highly competitive Chinese online education market.
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Nathan Denette/The Canadian Press
Alberta’s government-owned investment fund named Evan Siddall as its new chief executive officer on Thursday, while announcing the $118-billion asset manager underperformed its benchmark last year.
Mr. Siddall, former CEO of the Canada Mortgage and Housing Corp., will take over at the Alberta Investment Management Corp. (AIMCo) on July 1. He replaces Kevin Uebelein, who has run AIMCo for the past six years.