June Report from DM

Putting Size Advantage to Good Use

In the past, we’ve alluded to the inverse relationship that often exists between investment manager size and the ability to add value beyond the broad market index. This is especially true in Canada where, on one hand, banks and mutual funds have gathered massive amounts of investor capital (in many cases exceeding $100 billion) but on the other, many of the most attractive companies in the TSX are comparatively small.

Click here to read more:  DM-Monthly-Report-Jun-15.pd