Archive for the ‘Regulations and Industry Governance’ Category

In a much-anticipated report, the SEC (Securities & Exchange Commission) in the United States late Friday night recommended to Congress that broker-dealers be subject to the same fiduciary standard that applies to investment advisers. This issue...

In recent client meetings, we’ve been asked by investor clients if we use performance incentive fees.  The short answer is “No”. HighView doesn’t use these fee structures with our clients for two reasons.  We believe that...

I have been asked more than a few times by advisors whether I think product commissions will be banned.  While we can never say never, I’ve had enough questions on this to warrant an article.  In the October issue of Investment Executive, I...

The Globe & Mail recently reported that indexing giant Vanguard has surpassed Fidelity as the world’s largest mutual fund company.  The article poses the question of whether this event indicates a growing interest in index-investing.  I...

I just finished reading The Great Reflation by Tony Boeckh. Tony is the former long time Editor and Publisher of The Bank Credit Analyst and current author, along with Robert Boeckh, of The Boeckh Investment Letter. I highly recommend this book for...

As we’ve all witnessed over the past several months, the globally coordinated response of the world’s major central banks to inject liquidity into the capital markets has resulted in a major “bounce back” in equity prices...

Over the past several months, the current global financial crisis has been an emotionally trying and painful experience for anyone who is responsible for the oversight of large pools of capital for the benefit of others — foundations, endowments,...