OUR BLOG

Turbulent but Potentially Profitable Times Ahead The COVID-19 pandemic and the government policy reaction in response to it continued to be the biggest factor influencing global equity returns over the past six months.  We expect this to remain the dominant...

SIC Multi Asset Institutional Composite  September 2020Year to DateSIC Institutional-0.9%0.1%Benchmark*-0.7%3.2% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Historically, September...

SIC Multi Asset Institutional Composite  August 2020Year to DateSIC Institutional1.3%1.0%Benchmark*1.4%4.0% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Global equity markets, as...

SIC Multi Asset Institutional Composite  July 2020Year to DateSIC Institutional3.2%-0.3%Benchmark*2.3%2.5% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Despite concerns over spreading...

Unprecedented Policy Had the Intended Effect! Global equity and fixed income markets staged an impressive recovery during the second quarter.  This recovery was entirely attributable to the unprecedented fiscal and monetary policy intervention undertaken and...

SIC Multi Asset Institutional Composite  June 2020Year to DateSIC Institutional1.4%-3.4%Benchmark*1.7%0.3% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI June saw global equity and...

SIC Multi Asset Institutional Composite  May 2020Year to DateSIC Institutional2.3%-4.7%Benchmark*2.2%-1.4% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI Global capital markets...

SIC Multi Asset Institutional Composite   April 2020 Year to Date SIC Institutional 6.5% -6.8% Benchmark* 6.5% -3.5% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI From the aftermath of the...

We Won’t See It in the Economic Data We are often asked how we are analyzing markets in this crisis thrust upon us by COVID-19.  What are the economic indicators that we are closely watching?  What is it in the data that will provide us the confidence that things have...

SIC Multi Asset Institutional Composite   March 2020 Year to Date SIC Institutional -9.3% -12.5% Benchmark* -7.3% -9.4% * 5% T Bills, 35% Canadian Bond Composite, 20% S&P TSX Composite TRI, 20% S&P 500 C$ TRI, 20% MSCI EAFE (Net) C$ TRI The rapid spread of...