by James Garcelon | Jul 20, 2020 | Reports
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...
by James Garcelon | Jul 10, 2020 | Reports
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...
by James Garcelon | Jun 10, 2020 | Reports
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...
by James Garcelon | May 11, 2020 | Reports
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...
by James Garcelon | Apr 16, 2020 | Reports
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...
by James Garcelon | Apr 13, 2020 | Reports
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...
by James Garcelon | Mar 10, 2020 | Reports
SIC Multi Asset Institutional Composite February 2020Year to DateSIC Institutional-4.2%-3.6%Benchmark*-3.9%-2.2% * 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 For market participants,...
by James Garcelon | Feb 10, 2020 | Reports
SIC Multi Asset Institutional Composite January 2020 Year to Date SIC Institutional 0.7% 0.7% Benchmark* 1.7% 1.7% * 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 “Jekyll and Hyde”...
by James Garcelon | Jan 17, 2020 | Reports
All Cylinders Fire in 2019 Annual returns in 2019 for all major asset classes were above historical averages. This was due in a large part to the unusually weak results witnessed in December 2018. In fact, nearly half of the total return in 2019...
by James Garcelon | Jan 10, 2020 | Reports
SIC Multi Asset Institutional Composite December 2019 Year to Date SIC Institutional 0.3% 14.3% Benchmark* 0.0% 15.1% * 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 Our allocation to...
