PMAC’s new focus on recognition of both long and short articles that benefit the everyday investor has produced five deserving and talented 2020 PMAC Awards for Excellence in Investment Journalism winners. These Canadian journalists hit the mark with a series of stories that ranged from the darker side of the Canadian cannabis business to the use of “alternative data” as clues for where the market is heading.
Winners of the 2020 PMAC Award for Excellence in Investment Journalism are:
LONG ARTICLE CATEGORY
1st Prize:
Mark Rendell & Tim Kiladze (The Globe and Mail) for their article: All dried up: How Bay Street cashed in on the cannabis frenzy before the carnage. This article also received first prize overall.
2nd Prize:
Tim Shufelt (The Globe and Mail) for The data game.
SHORT ARTICLE CATEGORY:
1st Prize:
Clare O’Hara (The Globe and Mail) for her article: Investors continue to be abused: Anger builds over lack of reforms to early withdrawal on mutual funds.
2nd Prize:
Yan Barcelo (Morningstar) for his series: Disruption – An overarching financial cycle is spawning corporate zombies, Invest in transportation disruption, and Investing in a de-globalizing world.
The judging panel gave honourable mentions to The Globe and Mail’s Niall McGee for Golden Blunders and to Financial Post’s Victor Ferreira for The inconvenient truth about responsible investing.
“Timely, topical and ‘must-reads’ characterize the high-quality submissions we received this year,” says PMAC President Katie Walmsley. “The Awards represent the best investment journalism this country has to offer. This year, we are acknowledging the value to investing readers that comes in stories of all lengths.”
The annual competition, now in its ninth year, was created to encourage and recognize outstanding investment journalism that ultimately improves the financial literacy of Canadians.
The competition’s Long and Short Article first prize is $4,000. Second prize is $3,000. An additional $1,000 is awarded to the first prize overall. The prizes will be presented at PMAC’s virtual award presentation taking place via Zoom on Monday June 22.
