© BOPINION ills | Thursday, July 7, 2022 3 REGION SIGNS = RELATIONSHIP & AGREEMENT WITH * MISSISSAUGAS OF THE CREDIT FIRST NATION, WRITES GARY CARR s Pi GARY CARR Column As part of our efforts to- ward reconciliation in Hal- ton, regional staff have been Working to build and foster ~aningful and reciprocal relationship with Indige- Peoples and communi- ties | based on cultural un- derstanding, empathy and mutual respect. To continue this impor- tant work, on June 20, Ogi- maa R. Stacey Laforme from the Mississaugas of the Credit First Nation (MCFN) and I signed a Re- lationship avanti for- malizing the ongoing work to build a a constructive, col- laborative and mutually respectful relationship be- tween Halton Region and {hel MCEN. -AN IMPORTANT STEP TO RECONCILIATION lationships with Indige- us Peoples and commu- nities, including the MCEN, is an important part of Halton's bility for i] EI z se = P tionship Agree! help ensure that this work continues for years to come and that our relationship is based on cultural under- fanding, empathy and re- a in June 2021, Halton re- gional council also en- dorsed permanently flying ment was developed in con- sultation with MC. Iencourage everyone to watch the recording of the ceremony and to explore the details included in the Relationship Agreement. recording and addi- tional details are available on halton.ca. Although National In- available about Indigenous history throughout the year. For more a list of re- and more informa- tion about Halton's ongoing work to build meaningful relationships with Indige- nous People and communi- ties, visit halton.ca. By continuing to build the ill help Halton Region and the MCEN achieve the shared objectives of the Truth and onciliation Commis- sion (TRC) final report and tion on the Rights of Indig- enous Peoples (UNDRIP). It will also help identify areas of mutual concern and interest, as well as es- tablish and support shared understanding and ongo- § ing conversations. : Building meaningful re- with MCFNand working togeth- er to achieve our shared goals, we help make Halton great place to live, work, raise a family and retire. Gary Carr is regional chair of Halton Region. To contact him, email gary.carr@halton.ca. 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Director of Distribution There is a popular Charlene Hall pression “that ‘investors jirculation Manager MANAGERS UNDERPERFORM wanta "return of their cap- | Kim Mossman ital" more than they wanta | Di of “return on their capital." Cindi Campbell and Graeme A narcissist investment Safety and preservation | Macintosh manager thinks it's all of capital is paramount. Director Creative Services about them, tends to take Mone: managers | Katherine Porcheron big risks and has a lower should always maintain ra- risk adjusted returns than tional thinking. their peers. CONTACT US ;, money Peter Watson is regis- The Independent & Free Pres: ement is all about tered with Aligned Capital 901 Guelph Line the investors. It is tt PETER WATSON Partners Inc. (ACPI) to Burlington, ON L7R 3N8 about the money manager Column provide investment advice. Phone: 905-873-0301 and their personalcharac- ~~~ ~——-Jmvestment products are Classifieds: 1-800-263-6480 teristics. The report stated the provided by ACPI. ACPI is Fax: 905-873-0398 There has been exten- "major manifestations of a member of the Invest- Letters to the editor sive research in how in narcissism include an ex- ment Industry Regulatory All letters must be fewer than 320 vidual ee qeact to certain situatioi Beha- vioural finance has taught us much. Now we shift the focus to the personality traits ofa mney manager. This research is from Philipps University in Ger- many and was presented at the 2022 Annual Confer- ence of the Swiss Society for Financial Market Re- search. aggerated sense of self-im- Organization of Canada. ini d words and include your name and portance and a lack of empathy and con- stant need for attention and admiration." Anarcissist manager of- ten does not follow the stat- estment strategy of the fund they manage. The report said those managers "tend to be attracted by bold and rather risky in- vestments, which result ir in higher volatility of are those of the author and not necessarily those of ACPI. 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