From food to haircuts, prices seem to be rising everywhere. A key concern for investors is whether this pandemic-induced inflation will be transitory, as economic growth reverts to pre-pandemic levels, or will persist over the longer term.
Will Inflation Persist? Read More »
It has now been a year since the beginning of the COVID-19 pandemic. After strong returns in the first quarter of 2021, client portfolio valuations are now higher than pre-pandemic levels. Although financial assets have nicely recovered, everyday life remains constrained as we patiently await a return to “normalcy”.
A Year into the Pandemic Read More »
In the quickest meltdown in financial history, global equities experienced their worst quarterly performance since the 2008-09 financial crisis. While the Canadian stock market declined almost 24%, U.S. stock markets dropped 16% in Canadian dollar terms.
Extraordinary Times Read More »
Hemisphere Capital Management (HCM) has recently completed a comprehensive audit of our entire client investment returns history. Utilizing a U.S. based CPA firm that specializes in auditing investment returns, HCM committed nearly eighteen months (and thousands of man hours) to completing this process. We’re proud of our extensive track record of providing trustworthy investment counsel and want our clients to know they can rely on the investment returns we report. As such, achieving this gold standard of reporting performance was well worth the significant time and expense.
Ensuring Accurate Client Returns Read More »
In January 2017, clients of Hemisphere Capital Management (HCM) will get their first taste of the Client Relationship Model, Phase 2 (known commonly as CRM2). CRM2 introduces standardized reporting requirements for regulated Canadian financial advisors. Not surprisingly, HCM already meets the bulk of CRM2’s reporting requirements. Although well-intentioned, CRM2 will likely create confusion for most HCM clients rather than improve reporting transparency.
