Navigating The Financial Markets.
Newsletters
WPC Rising Stars 2021
WPC has named our very own Skyelar Siwak as one of the top young professionals in Canada’s Wealth Management Industry for the 2021 year. As one of their featured winners, Skyelar was able to share with WPC what has contributed to her growing success in the industry since joining the Hemisphere Capital Management team over six years ago.
Will Inflation Persist?
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.
A Year into the Pandemic
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”.
Extraordinary Times
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.
Ensuring Accurate Client Returns
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.
Welcome to CRM2
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.
Recent Newsletters
-
The Hemisphere Approach to Wealth Management12 May 2023
-
The Way We Were25 Jan 2023
-
The Looming European Natural Gas Crisis29 Nov 2022
-
The Dollar Safe Haven14 Sep 2022
-
Valuations Matter13 Jul 2022
-
The Geopolitical Divide04 Apr 2022
-
WPC Rising Stars 202119 Oct 2021
-
Will Inflation Persist?14 Oct 2021
-
A Year into the Pandemic12 May 2021
-
Extraordinary Times21 Apr 2020