iA Clarington
2021 Mid-Year Review

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.