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Norman Levine

Portfolio Manager and Managing Director at Portfolio Management Corp.

About Norman Levine:

A CFA charter holder, Norman has more than 40 years of investment experience as an account executive, research analyst, portfolio manager, and investment strategist at Merrill Lynch Royal Securities, Crown Life, Canada Trust, Barclays McConnell and BMO Nesbitt Burns. He joined Portfolio Management in 2003 as a managing director, where he oversees discretionary portfolios for high-net-worth individuals and families. He graduated from York University with a BA and from Syracuse University with an MBA. He is a former director of the Toronto CFA Society.

About Portfolio Management:

Founded in 1964, Portfolio Management Corporation is among the oldest and most established independent investment management firms in Canada. Serving high-net-worth individuals and families, the firm focuses on delivering highly personalized and custom-tailored investment services through discretionary portfolio management. Using global stocks, fixed income and cash, individual portfolios are designed to provide stability and diversification. The firm currently manages more than $550 million in assets.
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Preferred Shares Remain An Attractive Long-Term Investment

We see the preferred share shakeout as a great buying opportunity, particularly among rate-reset preferreds -- especially those that have a rate reset of at least two years into the future -- as their plunge in prices has made their yields attractive and there is significant potential for capital gains if and when Canadian interest rates do begin to rise.
01/04/2016 03:06 EST