The largely successful global vaccination campaign, coupled with continued fiscal and monetary support, have paved the way for the full reopening of economies and vaulted major equity markets to record highs. But the accelerated pace of the recovery has brought with it a number of risks, most notably a level of inflation not seen in two decades and the very real possibility that broad price increases are a secular, rather transitory phenomenon.
As we move into the second half of 2021, our portfolio managers take a look back at their outlook in January and reflect on the impact of the major developments of the first two quarters. They also explain how they have positioned their portfolios and what they are anticipating for the remainder of the year and beyond.
IA Clarington Investments Inc.
High-yield corporate bonds, equity income
Dan Bastasic
Senior Vice-President, Investments & Portfolio Manager
iA Investment Management Inc.
U.S. equities
Jean-Pierre Chevalier
Portfolio Manager
Macro-driven asset allocation
Clément Gignac
First Vice-President, Diversified Funds & Chief Economist
Sébastien Mc Mahon
Senior Portfolio Manager, Diversified Funds & Economist
Tej Rai
Senior Vice-President, Asset Allocation
Fixed income
Alexandre Morin
Principal Portfolio Manager, Fixed Income Investment Funds
North American large-cap dividend stocks
Donny Moss
Senior Portfolio Manager
Loomis, Sayles & Company, L.P.
Global equities & fixed income
Matthew J. Eagan
Executive Vice-President & Portfolio Manager
Eileen N. Riley
Vice-President & Portfolio Manager
David W. Rolley
Vice-President & Portfolio Manager
Lee M. Rosenbaum
Vice-President & Portfolio Manager
QV Investors Inc.
Global & Canadian equities, fixed income
Clement Chiang
Portfolio Manager
Ian Cooke
Vice-President & Portfolio Manager
Darren Dansereau
Vice-President & Portfolio Manager
Mathew Hermary
Portfolio Manager
Joe Jugovic
President & CEO
Vancity Investment Management Ltd.
Socially responsible investing
Jeffrey Adams
Director & Portfolio Manager
Wes Dearborn
Portfolio Manager, Fixed Income
Kelly Hirsch
Head of ESG
Jeffrey Lew
Portfolio Manager
Marc Sheard
Portfolio Manager, Equities