A Balanced Approach to Credit Risk and Duration
Fixed income has been printing outsized returns so far this year, but with the collapse of sovereign yields, longer-term return expectations should be more modest for investors seeking a smooth ride from their bond portfolios. In this video, portfolio manager Jeff Sujitno breaks down the current state of the markets and explains how he’s balancing credit risk and duration. He also walks us through the reasons why some investors are seeing attractive opportunities in negative-yielding bonds, and discusses his overall view of the direction of central bank activity in the U.S. and Canada.
An Outcome-Focused Approach to Global Growth
The outlook for global growth is improving, and one sign of this trend is the uptick in business investment. In this video, portfolio manager Agam Sharma identifies the types of companies that stand to benefit from these capital expenditures and how IA Clarington Global Multi-Asset Fund is positioned to participate in this earnings growth opportunity. He also identifies attractive areas within emerging market equities and some of the less-traveled areas within fixed income that offer potential for strong risk-adjusted income streams.
Finding Opportunity in Challenging Global Markets
Global equity valuations have rarely been more challenging, but portfolio manager Joe Jugovic is still finding opportunity in select areas of the market. In this video, he offers his insights on the impact central bank policy is having on global stock markets, factors he expects will influence the earnings outlook, and how his unique approach to value investing can help build wealth over the long term.
Opportunities in Equities and High-Yield Bonds
The markets have had a great start to the year, and the conditions for continued positive momentum are beginning to take shape. In this video, Dan Bastasic explains why he expects the U.S. equity market to return 12–14% for 2019, and why the high-yield bond market is likely the best place for fixed-income investors to find yield this year. He also offers his thoughts on the Canadian equity market and discusses his outlook for corporate earnings.
Investing in Quality and Long-Term Value
The last month of 2018 was a difficult one for equity investors, but for Joe Jugovic, it was a perfect opportunity to top up his positions in some of his favourite value names. In this video, he identifies key areas of the market he believes are best positioned for attractive returns in the months ahead. He also discusses his outlook for value, identifies key risk factors and explains why he believes IA Clarington Global Equity Fund continues to be an excellent choice for investor portfolios.
A Look Back at 2018, and Ahead to 2019
This past year was a challenging one for investors, but Clément Gignac believes opportunity lies on the other side of recent volatility. In this video, he looks back at why markets had a difficult year, and explains why he believes EAFE and emerging market equities appear poised for a strong 2019. He also identifies key risks he’ll be monitoring, and discusses why he believes a recession is unlikely in the U.S. next year.
Buying the Dips in a Maturing Cycle
Many investors are concerned about recent market volatility, but not so for portfolio manager Peter Prattas. In this video, Prattas explains why he views the equity market sell-off as an opportunity to generate enhanced long-term value. He also discusses areas of the market he’s favouring and avoiding as the cycle matures; disruptive themes with potential for outsized risk-adjusted returns; the increased relative attractiveness of the Canadian equity market; and the key pillars of his investment process.
Finding Opportunity in an Elevated Risk Environment
Market volatility and slowing global economic growth are widening the gap between winning and losing asset classes and securities. That makes an active, highly selective approach more important than ever. In this video, portfolio manager Agam Sharma discusses where he’s finding attractive opportunities across the asset class spectrum and explains how he has positioned IA Clarington Global Multi-Asset Fund for an investment environment marked by higher levels of risk.
Capturing Alpha Opportunities Across the Market Cycle
In this wide-ranging video commentary, Eileen Riley provides an update on the performance of IA Clarington Global Allocation Fund, identifies some of the top contributors to year-to-date returns, and highlights a recent addition to the Fund. She also explains how the Fund aims to benefit from simmering trade tensions, the steps she is taking to position the equity portion of the portfolio for potential new regulations on the U.S. technology sector, and the investment implications of the strong and rising U.S. dollar.
Challenges and Opportunities in Fixed Income
Rising interest rates and widening spreads have been major headwinds for many fixed-income funds recently, but Jeff Sujitno is still optimistic about the prospects for the credit markets, and in particular for senior loans and a wide range of investment grade securities. In this video, Jeff explains the rationale for his positive outlook and covers a number of topics that are top of mind for credit investors, including the economy, interest rates, default rates, and senior loan repricing activity.
Finding Opportunity in Transformative Change
The conditions businesses are operating in are transforming rapidly, with wide-ranging consequences for investors. In this video, Michael Kelly explains how three key trends – reflation, distortion and disruption – are reshaping the landscape for both equity and fixed-income investors. He identifies what he believes are the areas of the market that will benefit from these changes, and explains why he believes an outcome-focused, multi-asset approach is especially well suited to the current environment.
Finding Opportunities in a Mature Equity Market
Global equity market valuations are high, but there’s still value to be had. In this video, Joe Jugovic offers his outlook for equities and explains why he believes the U.S. financials sector is one of the most attractive areas of an otherwise overvalued market. He also shares one of his favourite energy stock picks and discusses some recent moves he’s made in iA Clarington Global Equity Fund.