Global Gains: 10 International Markets Every Wealth Manager Should Watch
Published Sunday October 29 2023 by Michael Hoffman
10. Canada: The Stable Neighbor
Canada is known for its stable economy, strong banking system, and abundant natural resources. The Toronto Stock Exchange (TSX) is the ninth-largest stock exchange in the world, offering a variety of investment options.
Canada’s economy is closely tied to the United States, making it susceptible to economic trends and policies originating from its southern neighbor. Wealth managers should consider this relationship when evaluating investment opportunities in Canada.
Navigating international markets requires a nuanced understanding of local conditions, regulations, and risks. By keeping an eye on these ten markets, wealth managers can broaden their investment horizons and potentially achieve higher returns for their clients.