Live From the Desk

Managing Interest Rate Risk

Rising interest rates are a concern on everyone’s mind as they look at their portfolio over the next five years. Not surprisingly, a common question we receive is “how do we protect a portfolio against rising rates?” There are multiple techniques portfolio managers can use to reduce interest rate risk. However, it’s important to first …

Read More

Slow times at Ridgemont Mall

Now that the US government is back in the business of being in business, can we all get back to business? There is little doubt that small businesses and the retail consumer are two of the most important drivers of the North American economy. That said, the retail landscape has changed over the years with …

Read More

#abouttime

#abouttime @vertex_one 140 characters…who thought that would last? Well it definitely has. So, we have started an official Vertex One twitter account! We’ve been using Twitter on the investment desk for years as a highly effective way of remaining informed and connected. For years, traditional sources of media (radio, print, t.v.) have been waning, gradually …

Read More

The Pricing of Risk

The Pricing of Risk The most important thing we do everyday at Vertex One The importance of pricing risk is under-appreciated and often misunderstood. In all endeavors that involve some level of risk, there is an evaluation performed, whether it is a conscious or unconscious decision. The person pictured on the tightrope has evaluated his …

Read More

Climbing the Debt Wall

We have written before about the US Central Bank and their zero interest rate policy (ZIRP). Admittedly, some of us favoured Richard Fisher’s (President of the Federal Reserve Bank of Dallas) philosophy that they should raise interest rates immediately so that companies will be more likely to initiate capital projects before interest rates rose too …

Read More