by James Garcelon | Oct 20, 2020 | Reports
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...
by James Garcelon | Oct 9, 2020 | Reports
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...
by James Garcelon | Sep 10, 2020 | Reports
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...
by James Garcelon | Aug 10, 2020 | Reports
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...
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...
