Outlook: Canadian banks attractively valued, say managers
Interview of Martin Hubbes, Gavin Graham, John Hadwen |
Three portfolio managers discuss the Q1 2008 earnings of Canadian banks, the banks' exposure to credit markets in the U.S., and their stock valuations. Each manager says Canadian bank stocks are attractively valued. The discussion includes Martin Hubbes, chief investment officer at AGF Funds Inc., Gavin Graham, chief investment officer at Guardian Group of Funds Ltd. and John Hadwen, a portfolio manager and financial services analyst for Signature Advisors at CI Investments Inc.