. The REIT operates in an industry with positive fundamentals, which along with management’s acquisition strategy should support future growth. After the REIT reported its second-quarter earnings results, eight analysts issued buy recommendations. Ottawa-based Minto Apartment REIT owns a portfolio of 26 rental properties as at June 30. The majority of the properties are located in Ottawa and Toronto. Other cities where Minto has a presence include Montreal, Calgary and Edmonton.
What Canadian portfolio managers are buying, selling and thinking amid the latest bout of market volatility Worries about slowing global growth, trade wars and that upside-down yield curve have sent stocks tumbling this month, including the Toronto stock market’s worst plunge this year on Wednesday. ? Staying put could also be the best strategy. The Globe and Mail spoke with a handful of Canadian portfolio managers about their take on the recent market volatility and how they’re reacting. Brenda Bouw reports .Story continues below advertisement
Robo-adviser Wealthsimple is partnering with independent wealth manager Grayhawk Investment Strategies Inc., as the online portfolio platform looks to gain a foothold in the arena of ultra-high-net-worth investors.