Features & Departments

Diversification: a Bigger Free Lunch
The benefits of diversification have grown dramatically over time, yet many investors still ignore this free lunch...by John Y. Campbell

World of Ideas: John Kenneth Galbraith
In an interview, legendary economist John Kenneth Galbraith talks about neoliberalism, the technology boom and the current political situation in North America...by Barb Clapham

What Has Worked on Bay Street
Some intuitive and some surprising factors are shown to have generated the highest and most constant return payoffs for Canadian investors...by John J. Schmitz and Sean Cleary

Derivatives
Highlights from the recent Derivatives Conference held by the Montreal Exchange include the role of futures markets in an e-commerce world and a look at new derivatives products.

Special Report

Risk Conference 2000
Our panel of experts presents the latest risk management techniques for pension funds. Overview by Barb Clapham

Currency Risk: the Verdict on Currency Overlay...by Eric Innes

Canadian Fixed Income: Adapting to Change...by Frank Ashe

Country Versus Industry Effects...by Mike Brooks

Hedge Funds...by Eric Kirzner and Alex MacKay

Integration of Risk and Return...by Chris Cockburn and Shawn Menard

Minimizing Regret: an Alternative Approach to Controlling Risk...by Harindra de Silva

Mirror Risk in Benchmarks...by John A. Prestbo

New Credit Risk Tools...by Craig Shepherd and Alain Belanger

Pension Expense Policy...by Steve Bonnar

The Impact of Technology...by J-F Courville and Jeremy Armitage

The Use of Derivatives...by Alan White Departments

Field Notes
Are all index funds created equal?
An index fund mirrors the performance of a specific benchmark. Do investors need to know more?..by Paul Halpern

Editorial

Exchange