Leo Kolivakis's blog

Will phosphate be bigger than Potash? These Montreal hedge fund managers think so and they're betting big on some small Quebec mining companies...

I was summoned into a meeting at the Caisse late yesterday afternoon and received a hard slap on the wrists...

More ugly truths...

Specialist hedge fund consultants are at “the leading edge of the phenomenon of many pension plans, especially public plans, moving to direct hedge fund investment,” said David Harmston, partner and global head of Albourne Partners' client group. Is he right?

Here is the ugly truth on health, finance, organizations, weasels, Quebec's absolute return funds, the state of the Greek, US and Canadian economy, the 'solarcoaster', insanity and unrequited love! Enjoy!

Exposing the truth on Quebec's $175 million Absolute Return Fund...

A fascinating look at how US public pensions are betting their future on hedge funds...

Nearly all of Japan's corporate pension funds, which collectively manage more than $900 billion, have lowered their guaranteed yield in the last decade from about 5.5 percent to below 3.5 percent on average, and are now looking at hedge funds and other alternatives to juice their returns...

According to Mebane Faber, by investing in a portfolio with uncertain outcomes, pension funds could experience increasingly volatile and even negative returns. Paradoxically, in an effort to chase the universal 8% rate, pension funds may be laying the groundwork for returns even lower than the risk free rate...

Take some time to read my personal message on this Father's Day...

Spent the last couple of days at a pension conference here in Montreal...

Eurozone politicians fiddling while Athens burns...

Unitholders of TimberWest Forest, the largest landowner in B.C., approved the sale of the company Tuesday to two large Canadian public pension funds...

Air Canada flying off course?

The Supreme Court of Canada just threw us back into the Dark Ages...