As the G-20 assembles in Toronto, Canada will soon be recognized by the world as a haven for global investors according to Don Coxe, Strategy Advisor, BMO Capital Markets.
In his latest Basic Points report, Mr. Coxe has analyzed the broader economic impacts of the EU-debt on the global recovery. One winner in the current storm will be the Canadian dollar, which he says is its way to becoming a recognized global store of value
Mr. Coxe took your questions on the current international investment climate. Click on the blog box below to replay the discussion. BlackBerry and iPhone users can view a mobile-friendly version by clicking here.
Mr. Coxe has more than 35 years of institutional investment experience in Canada and the U.S.. As chairman of Coxe Advisors LLC., he follows global capital markets, based on his maxim, "Never invest on the basis of a story on Page One - that is the efficient market. Invest on the basis of a story on Page Sixteen, that is headed on its way to Page One".
He is a former global portfolio strategist for BMO Financial Group and was co-manager of the flagship Harris Insight Equity Fund. Since 1992, Mr. Coxe has been analyzing and making recommendations on global markets for clients of BMO Financial Group through his monthly journal Basic Points. He was ranked No. 1 in 2007 and 2008, by Canadian institutional investors in the Brendan Woods survey.
At the end of 2008, Mr. Coxe retired to focus his efforts on his consulting business and new special projects.
The Coxe Commodity Strategy Fund launched in 2008 - at $297-million - was the largest IPO in Canada for the year. Mr. Coxe continues to serve as portfolio consultant to Harris Investment Management Inc., the investment adviser to the Coxe Commodity Fund.
In the future, Mr. Coxe intends to devote time to addressing the global food challenge, which is likely to become the global food crisis. Before entering the investment business, he served as general manager for the Ontario Federation of Agriculture and general counsel for the Canadian Federation of Agriculture. For many years, he was involved in framing public policy for agriculture and for public pension funds. He considers his greatest accomplishment the repeal of provincial death taxes on Canadian family farms.