
A study by WhiteOak Capital Mutual Fund reveals that diversification improves risk-adjusted returns. It shows that including a small equity allocation in a debt portfolio can enhance returns and lower volatility
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The dollar sank to the lowest level since May after Federal Reserve Governor Christopher Waller noted progress on inflation and as the yen surged against its major counterparts.
New York City’s transit network is planning to offer $785 million of debt backed by a levy on sales of luxury real estate.
Prime Minister Mark Carney said a trade deal with the US is still possible, but only if the terms keep Canadian automotive and steel operations competitive.