Q2 Produces Uneven Results

Read where the strategy succeeded and faltered in Q2, as well as the thinking behind adding global bonds to the fixed income mix.

06.30.2018 - Scott Guitard, Vice President, Portfolio Manager

Money Market/Cash Equivalents

We reduced our core bond allocation, which reduced overall interest rate exposure and provided funds to establish a tactical cash position. We see this as a shorter-term hold as funds will be put back to work at more attractive entry points for bonds and/or stocks.

Fixed Income

Our conservative asset allocation—modestly overweight fixed income and underweight equities, negatively affected Q2 relative returns. Although the fixed income component experienced slightly positive absolute returns, global equities outperformed, aided by stronger foreign currencies.

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Why Style Matters

06.30.2018 Giles Marshall, Vice President, Portfolio Manager,

Knowing an investment manager’s style gives you valuable insight on portfolio characteristics and performance. Discover the story, value and growth styles are telling today.

Why Style MattersNEXT POST


Selective Progress Amid Trade Tensions

06.30.2018 Ian Riach, Chief Investment Officer

Canada was one equity market that progressed in Q2, despite overarching trade tensions among major powers. See how other markets fared.

Selective Progress Amid Trade TensionsPREVIOUS POST