Within the next seven years, passive investments, such as index and exchange-traded funds (ETFs), are set to outpace active investments and achieve a leading share in the U.S. market, according to a February 2017 report by Moody’s Investors Service. Moody’s says that passive investments currently account for $6 trillion in global assets and 28.5% of assets under management in the U.S. | Read Article |

When you visit buy-side managers, understand that many of them are measured on more than just simple market performance. In this article, we touch on a few performance measures used to rate portfolio managers. Knowing some of the metrics of measurement can help you understand portfolio management motivations. | Read Article |

For the past several years, the use of plans of arrangement has been the preferred method of acquiring public companies in Canada. While a takeover bid will frequently require that a subsequent going-private transaction be implemented following completion of the bid to enable the acquirer to obtain full ownership of the target company, the use of a plan of arrangement (an "Arrangement") provides the acquiror with a single-step means to acquire 100% of the securities of the target. | Read Article |

After nearly a decade of debate and discussion, the effective date for the International Accounting Standards Board’s (IASB) new financial instruments standard (IFRS 9) is less than one year away. IFRS 9 is one of three new accounting standards effective in the next two years that represent wholesale changes to the way companies account for significant transactions. While the new revenue standard (IFRS 15) and the new leases standard (IFRS 16) have been stealing the spotlight recently, the impacts and opportunities provided by IFRS 9 are no less important for some companies. | Read Article |