The Canadian economy expanded at a blistering pace (c.4%) in the first half of 2017. Having raised rates twice to 1%, the Bank of Canada (BoC) has paused to let the markets and the economy absorb these rises. In 2017, the equity market performance has been relatively muted following a strong 2016, partially because of uncertainty about NAFTA. However, from a bottom-up perspective, the portfolio manager of Canadian General Investments (CGI), Greg Eckel, continues to find attractive opportuniti
23 Nov 2017
Buy: Strong performance, attractive dividend
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Buy: Strong performance, attractive dividend
Canadian General Investments Ltd (CGI:LON) | 2,190 0 0.0% | Mkt Cap: 456.9m
- Published:
23 Nov 2017 -
Author:
Saumya Banerjee -
Pages:
11
The Canadian economy expanded at a blistering pace (c.4%) in the first half of 2017. Having raised rates twice to 1%, the Bank of Canada (BoC) has paused to let the markets and the economy absorb these rises. In 2017, the equity market performance has been relatively muted following a strong 2016, partially because of uncertainty about NAFTA. However, from a bottom-up perspective, the portfolio manager of Canadian General Investments (CGI), Greg Eckel, continues to find attractive opportuniti