Down, Down, Down... A hedge fund superstar faces one of the blackest months in modern financial history



    Interview opportunities from the November Report on Business magazine

    TORONTO, Oct. 29 /CNW/ - When the market began to unravel, no one - not
even Canada's smartest hedge fund manager - could predict how swift and deep
it would fall. Only a few months earlier, Rohit Sehgal, chief investment
officer of DundeeWealth's Dynamic Funds, was crowned the top hedge fund
manager in his class in North America. Riding high on a wave of three-year
returns of 60% for his flagship fund, experience told him that the market
madness would pass. But his gut was wrong. During the first week of October,
the primary commodity index experienced its worst five-day plunge in more than
50 years, leaving Sehgal with painful monthly performance numbers. In the
November issue of Report on Business magazine, available on Friday,
October 31, ROB correspondent Sinclair Stewart explores how someone at the top
of his game is facing one of the worst markets in 75 years.

    
    Other highlights from this month's issue:

    -   This little yogurt went to the market - These days, empty shelves are
        part of the typical shopping experience at Loblaws - and the kinks in
        the grocer's distribution chain have been crippling its earnings, not
        to mention its reputation. With the arrival of competition from Wal-
        Mart's food Supercentres, Loblaws launched an overhaul of its supply-
        chain operations, uncovering seemingly innocent inefficiencies that
        cost millions. One of the most telling examples: Logistics experts
        determined that it took a container of yogurt 16 days to journey from
        the manufacturer's plant to a Loblaws shelf. Editor-at-large Joanna
        Pachner visits the grocer's gargantuan new warehouse - it's the size
        of 13 football fields - to discover what the distribution holdup was
        and how it's being fixed.

    -   Canada has to be more Albertan - Or is it the other way around?
        Calgary is, by many accounts, the hub around which the country's
        economy now revolves. If other provinces start following the Alberta
        model, Canada will become more entrepreneurial, less class-ridden and
        more deregulated. And Alberta will change, too, thanks to the influx
        of hundreds of thousands of people from other provinces and from
        abroad, becoming more urban and diverse. But before everyone gets too
        cozy, Report on Business reporter Gordon Pitts examines how both
        Canada and Alberta need to change first, in 11 easy steps.
    

    Report on Business magazine is Canada's most-read business publication.
Published on the last Friday of every month in The Globe and Mail, Report on
Business magazine offers readers insightful, award-winning coverage of
Canadian and global business and economics. The magazine is available with
copies of The Globe and Mail and online at www.reportonbusiness.com/magazine.
The Globe and Mail is a division of CTVglobemedia, a dynamic multimedia
company that also owns CTV, Canada's leading private broadcaster.





For further information:

For further information: and to arrange an interview, please contact:
Teresa Pagnutti, tpagnutti@environicspr.com, (416) 969-2721; Jennifer Hills,
jhills@environicspr.com, (416) 969-2669

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