2019

The High Net Worth Shift to Private Securities

Good day, Over the past 18 months, I’ve been highlighting the importance of maintaining a healthy allocation to alternative investments such as private debt/credit and real estate.  Pension plans and institutional investors have been doing so for decades, meanwhile, retail investors have not had access to these investment vehicles in the past. One of our […]

2019

August Commentary

Good day, Most of the market’s action during August was a result of the ongoing U.S.- China trade war along with reaction to President Trump’s angry tweets. The tweets ordered all U.S. companies to move out of China, while another scolded Fed chair Jerome Powell for not giving clearer guidance on the pace of interest […]

2019

Goodbye 60/40

For decades advisors and investors alike have followed the “balanced” investment approached of holding +/- 60% in equities & +/- 40% in bonds.  The rationale was that equities would provide the growth in a portfolio while its fixed income allocation would soften the volatility impact of the equities while providing a healthy stream of income.  […]

2019

Q2 Snippets

Happy Friday, Coming off a strong rally in Q1, in Q2 stocks continued higher at a more moderate but still healthy rate with the S&P500 gaining 1.84% (in CAD) and the TSX Composite 2.59%. Equity markets were volatile in Q2 with April and June seeing strong rallies while May’s returns erased April’s gains.  The market […]

2019

June 2019 Wrap-Up

Good day, On the backdrop of what has been an odd first half of 2019, global stock markets rebounded in June as the US canceled tariffs on Mexico and the central bank’s sweet talk led to falling interest rates; the TSX Composite rose 2.52% while the S&P 500 rose 3.3% (in CAD). The Canadian Universe […]

2019

It’s Coming

Good day, The alternative investment space continues to grow at a rapid rate.  Pension funds worldwide continue to increase their allocations to securities which aren’t correlated to public equity and fixed income markets.  Institutional and retail investors recognize the importance of diversifying portfolios by holding alternative investments such as private equity, private debt, real estate, […]

2019

The Canadian Investment Space Needs Innovation

Good day, The more wealth one builds, the more important diversification becomes, but few investors recognize how much depth diversification can reach.  When most investors think of diversification, they generally think of having a mix of stocks and bonds or perhaps holding stocks in multiple industries and/or geographical areas.  While this is important, diversification can […]

2019

April Wrap-Up

Global stock markets continued their rally in April: in North America, the S&P 500 finished up 4.72% (in CAD) while the TSX Composite rose 3.22%. Market volatility was subdued as there was no negative news on the US / China trade negotiations during the month, central banks were largely out of the news and the […]

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