Investment Q&A

Q: One of my largest holdings in my RRSP is Blackstone L.P. Today they announced they are converting to a Corporate structure as at 7.1.19. It appears the market likes it. What effect will this have on the dividends (ie: yield & taxes), the SP now and going forward in your estimation? Should I buy more (to a reasonable % of course), sell or hold?

Q: Hi 5i, please comment on my international div. group for global income or your own top 5 picks, thanks.

Q: Bill asked about this equity and you indicated there was a 35% withholding tax on distributions. Does that apply when held in an rrsp?

Q: I would like to purchase this however I understand US limited partnerships are treated a certain way by CRA. What is the best type of account for this investment to be held in by a Canadian for? Thank you. Bill

Q: Looking at adding a 2% position of Blackstone (BX) to my RRSP Portfolio. Started following the company in October and has since dropped 25% - close to it's 52 week low. Dividend is now at 8% - seems to fluctuate. Is it okay to buy at this time and is the dividend safe.

Q: Which would you prefer? I'm looking for stability and growth over yield and if BX, is it best held in an RSP for tax treatment? Thank you.

Q: Does the recent Saudi controversy present a value opportunity here? How has the risk/reward outlooked changed in your opinion? What are your current views given a 5 yr holding period in a modest non registered account? Do you think downward ptessure will continue making patience the appropriate approach at this time? Please deduct at least 6 questions.

Q: I made an investment in Blackstone some time ago as a source of fairly high and reasonably secure income. It also offered me diversification into private equity and additional investment in the US.
It's now had a significant move up and I'm inclined to "stay the course" for the reasons given. While I understand that you don't concentrate on US investments I would still appreciate your current opinion on this one.

Q: Hi there - what would be your preference between these two companies for a 3-5 year hold?

Q: Hi 5I,
How would a small investor get in to Private equities. This only seems possible for High Net Worth Clients. Is there good Publicly traded company's or ETF's that focus on Private equities. Is this a type of asset class that is recommended to diversify your portofolio.
Thank you

Q: In these volatile times I am looking for a dividend payer that's more stable. Your opinion, please - and any alternatives you might like to suggest?

Thank you.

Q: Are you able to comment on BX, particularly the business they're in. I understand they're US and that's not really your focus but you may still be able to provide an opinion.

Q: Hi,
What is your favorite ways (stocks, ETF, Fund, etc) and current top picks to invest in Private Equity?

Q: I own some KKR, which has done well, and have been considering either purchasing more of this or investing in another alternative asset manager - possibly Blackstone Group, or Carlyle Group (CG on the Nasdaq, although I was unable to bring this up on your system). All continue to have very good runs. Does a purchase in this group make sense to you at this point? If so, is there one member of the group, or a related company, that you would recommend?

Thanks - Don

Q: There have been concerns lately over private equity valuations and ONEX's premium to NAV has shrunk. Is it late in the cycle for this co/group and what are some US comparables? Thank You.

Q: My allocation to US financials is higher than I had planned at approximately 26 to 28%. I do not HAVE to sell, not having strong ideas where to redeploy. However, subject to your input, I thought it might be prudent to sell or trim. (Selling or trimming would also provide cash reserve in case markets faint-- although 'gathering' dry powder is often counter productive). I ask your input, with reasons, on which of the following financials you would trim or let go entirely:
- WFC ; KIE (US insurance ETF) ; Lloyds Bank London (the ADR listed as LYG)
- KKR; BX (Blackstone)

I read various reports and did research. I didn’t find THAT much that I didn't like in the above. I am hoping you can tell me which ones are likely to show least total return, and why. I’d be grateful for your suggestions supported by your reasoning and any other thoughts you have. Many thanks

Q: BX.US: This is a typical private equity investor, investing where a small investor cannot go. I see they are also a subprime lender :-(
Would you put money here instead of, say BAC?
Art

Q: Note high yield -- It is mentioned in Trumps trip to Saudi Arabia

What is your outlook for stk for next 12 mo. & outlook for high dividend

Thanks ---Don

Q: OF THE 2 WHICH ONE YOU PREFER AND WHY?THANK YOU. BRAHIM

Q: Good morning! Could you please give me your thoughts on adding Blackstone Group (BX) to my RIF account? I hold mostly dividend paying low beta stocks and some bond etf's. BX has a good dividend and appears to be at a low for the year.