Alt Trust Q3 Press Release
The MacNicol Alternative Asset Trust earned a 1.4% investment return, net of fees, for the quarter ending September 30, 2023. The investment environment was defined by persistent inflation, resilient economic data, and rising interest rates across the United States and Canada. The fund was mainly higher due to strong private real estate and hedge fund returns. During the third quarter, the Trust realized two notable exit transactions, and made a number of new investments.
Alt Trust Q2 Press Release
The MacNicol Alternative Asset Trust earned a 1.9% investment return, net of fees, for the quarter ending June 30, 2023. The investment environment was defined by higher interest rates, persistent inflation, and very robust labor markets in Canada and the US. The fund was mainly higher due to significant gains in land development and residential real estate partnerships due to strong housing demand in both Canada and the US.
Toronto RIA opens Miami office in bid to build US wealth business
David MacNicol, the president and founder of Toronto-based wealth and fund management firm MacNicol & Associates, started wintering in Miami to escape the blustering, snowy cold of eastern Canada.
MAAM Selected Articles
MacNicol & Associates featured articles and news posts.
13th Floor Investments: Building Wealth and Community
One of the alternative investment vehicles we often talk about is real estate. The fact of the matter is, even with market dips, real estate delivers great returns over long [...]
RealVision: Disrupting On-Demand TV
Soaring inflation. Recession. Market vulnerability. All these have drawn people to check their financial pulse — how does the global market affect us? And are we prepared to weather [...]
Litigation Funding as an Asset Class
Jurissa Financial Holdings Inc. (“JFH”) has received a Permission to Organize for Jurissa International Bank Inc. (“JIB”) from the Puerto Rican Office of Financial Institutions (“OCIF”).
OnCore Golf: Going the Distance
Technology is reshaping the golf industry. From GPS systems that calculate the distance to the hole to self-driving carts, performance-enhancing club designs and swing analysis systems, we can say that [...]
Fliteboard: Surfing, Redefined
In an era of innovation, it’s not a foreign concept to integrate technology into every aspect of our lives – especially with sports and leisure. It was 2020 when [...]
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