By Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer of CI GAM | Multi-Asset Management, and Richard Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Fed cuts interest rates Following its two-day monetary policy meeting on September 18, the U.S. Federal Reserve (Fed) cut interest rates by 50 basis points (a […]
By Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer of CI GAM | Multi-Asset Management This month, we asked one of our portfolio management teams, Wellington Management, to provide their insights into the markets and to explain how their portfolio is positioned. Outlook The U.S. equity markets continue to have narrow leadership this […]
By Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer of CI GAM | Multi-Asset Management, and Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy of CI Assante Wealth Management Canadian standard of living falls further Economy contracts on a per-person basis Statistics Canada announced that, on a monthly basis, real gross domestic product […]
Bank of Canada cuts first Market participants look for more The Bank of Canada announced that it was lowering administered interest rates by 25 basis points (a basis point is 1/100th of one per cent) at the conclusion of its June 5 monetary policy meeting. As can be seen in the accompanying chart, the Bank […]
By Alfred Lam, MBA, CFA, and Richard J. Wylie, MA, CFA. Market participants look for more The Bank of Canada announced that it was lowering administered interest rates by 25 basis points (a basis point is 1/100th of one per cent) at the conclusion of its June 5 monetary policy meeting. As can be seen in […]
Private Markets: First Credit, then Equity By Geofrey Marshall, Senior Vice-President, and Portfolio Manager Fixed Income and Lead, CI Global Asset Management. In terms of performance, private market assets generally had a better absolute year in 2023 but a weaker relative year compared to 2022. In that year, most parts of the private markets outperformed […]
By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management. The Tip of the AI Iceberg If you wake up tomorrow morning believing the world is about the same as today, you are probably missing something. We are seeing dramatic changes led by technological advancements, and the latest is artificial […]
Market Focus Canada’s standard of living continues to decline. Canada’s economic output was soft in 2023. Statistics Canada announced that, on a monthly basis, real gross domestic product (GDP) by industry expanded by 0.2% in November, following “flat” results in each of the previous three months. In addition, in this report the statistics agency provided revisions […]
The good start to 2024 continued for investors in February as equities had another positive month and Q4 2023 earnings season has been strong. Read the February 2024 Market Commentary here. Here’s a summary of the main events that steered the markets. Monthly market developments Despite dipping mid-month on a higher than hoped January U.S. […]
Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management Our 2024 Wish List As we enter a new year, we consider the following a “wish list”: lower inflation, lower interest rates, higher investment value and, last but not least, peace! As inflation continues to decline, central banks have signaled their […]
