Articles & Insights
Financial Post: Managing Wealth  |  22 May 2010

Volatility risk vs. longevity risk

It’s a scary world. The threat of a bond default by Greece, a tiny country with an economy smaller than Ontario’s, has sent tremors through the world’s stock markets. With other Mediterranean countries sliding towards the fiscal abyss, fear has become contagious. Investors worry that even the trillion-euro loan package won’t salvage the situation. Then, in the midst of this global drama, the Dow Jones plunges nearly 1,000 points, an intraday record. Read more >