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Stock impact report

Why this mid-cap money manager seeks out ‘misunderstood' stocks [Globe and Mail, The (Toronto, Canada)]

Burford Capital Limited Ordinary Shares (BUR) 
US:NASDAQ Investor Relations: burcon.ca/investors/corporate_factsheet.php
investment industry news and insights, the week's top headlines, and what you and your clients need to know. For more from Globe Advisor, visit our homepage Money manager Jerome Hass says Canadians pay much less attention to mid-cap stocks now than when he co-founded his firm 17 years ago – and he believes that's a problem for investors and the economy at large. “It's disconcerting to us, and we think it should be disconcerting for Canadians,” says Mr. Hass, a partner and portfolio manager at Lightwater Partners Ltd. in Toronto, which oversees more than $100-million in assets. “If that market segment steadily disappears … so too do the jobs and infrastructure that go with it.” He says there are more barriers for investors looking to invest in small- and mid-cap players, and, “as a consequence, most investors load up on the top 150 large-cap names in Canada.” Dwindling interest is also unfortunate given the opportunities he sees in the mid-cap space, which his firm categorizes Show less Read more
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