Viewpoint Blog

November is Financial Literacy Month

Can you believe we are into November already? This month is Canada's Financial Literacy Month (FLM), with the focus of: empowering Canadians to manage money and debt wisely; planning and saving for the future; and preventing and protecting against fraud and financial abuse. We are excited to join in the #FLM2015 conversation on our blog and social streams...

Webinar: Managing Expectations

In our webinar we discuss how an investment committee should manage expectations from the perspective of asset classes and manager relationships. We will: - Assess the accuracy of market predictions; - Determine whether or not it is possible to pick the best performing asset class; and - Discuss why you need to expect different results from different...

Third Quarter 2015 Review

Canadian Equities Canadian equities suffered a loss of 7.9% over the quarter. This was largely due to concerns about the global economy. Of particular importance to Canada were concerns over the Chinese economy and how that would affect demand for Canadian commodities. This led to a sharp decline in commodity prices, which meant large declines in the energy...

Second Quarter 2015 Review

Canadian Equity The Canadian stock market, represented by the S&P/TSX Composite, was down 1.6% in the second quarter of 2015. The two worst performing sectors were the industrials (-9.5%) and utilities (-7.7%) sectors. The industrials sector was negatively impacted by the weak performing transportation sub-sector due to the rising price of oil. The...

First Quarter 2015 Review

Canadian Equity The Canadian stock market, represented by the S&P/TSX Composite, was up 2.6% in the first quarter of 2015. The best performing sector by a large margin was the health care sector. The Canadian health care sector is small and dominated by Valeant Pharmaceuticals, which rose by 50% following its purchase of US-based Salix Pharmaceuticals...

Fourth Quarter 2014 Review

Canadian Equity For the second consecutive quarter, the energy and materials sectors were a significant drag on performance as Canadian stocks declined by 1.5%. Falling oil prices was a major theme and hurt the stock price of oil and gas producers. It was not all bad, however, as the consumer staples, information technology and health care sectors each...

Third Quarter 2014 Review

Canadian Equity Canadian stocks fell by 0.6% during the quarter. Despite positive gains in the first two months, they were more than offset by negative results in September. The resource sectors were a significant drag on performance as the materials and energy sectors posted returns of -10.1% and -6.6% respectively. This was the result of falling commodity...

Second Quarter 2014 Review

Canadian Equity Canadian stocks were up 6.4% over the quarter, and continued to outperform the broader global market through 2014. In a reversal of recent trends, health care was the worst performing sector, declining 6.6%, largely driven by the performance of Valeant Pharmaceuticals. All other sectors posted positive gains with the energy and industrials...

Failing conventionally or succeeding unconventionally?

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled Failing conventionally or succeeding unconventionally? "In a previous article, I focused on the decline of active management, arguing not that the potential for active management has declined over the past few decades, but that the practice of active management has...

First Quarter 2014 Review

Canadian Equity Canadian stocks were up 6.1% over the quarter, leading most developed markets. Returns were positive across all sectors. The health care sector continued to lead the way with a 12.6% gain. The materials sector rebounded from its poor performance in 2013 and posted the next highest return at 9.7%. The energy, utilities, and consumer staples...

Pages