Why this money manager is buying a health care REIT and taking profits on Manulife

News Snapshot:

Open this photo in gallery: Jamie Murray, portfolio manager and head of research at Toronto-based Murray Wealth Group Inc.The Globe and Mail Investors are pricing in a lot of optimism for the new Trump presidency, expecting lower taxes and higher corporate profits, which bodes well for markets in the near term, says money manager Jamie Murray. “It’s hard to be short the market in a time when the economy is doing really well,” says Mr. Murray, portfolio manager and head of research at Toronto-based Murray Wealth Group Inc., which manages about $350-million in assets. “We still see healthy balance sheets...