Strong economic data and persistent inflation have kept the Federal Reserve on the sidelines so far this year, validating our portfolio managers’ forecasts in January that the market was overly optimistic in calling for six or seven rate cuts in 2024. Meanwhile, the artificial intelligence boom continues to drive major U.S. equity indices to one record high after another as investors look to benefit from what many see as a truly transformational technological revolution.

In our Mid-Year Review, our portfolio managers revisit their forecasts in January and reflect on the major developments of the first two quarters. They also discuss their outlook for the second half of the year and explain how they are positioning for the opportunities and risks that lie ahead.

iA Global Assets Management

iA Global Asset Management Inc.

High-Yield Corporate Bonds & Equity Income

Dan Bastasic

Senior Vice-President, Investments & Portfolio Manager

Innovation Themes in U.S. Equities

Maxime Houde

Director, Portfolio Manager, Thematic Investments

Jean-René Adam

Senior Vice-President, Head of Public Equities

North American Equities

Marc Gagnon

Vice-President, Portfolio Manager, North American Equities

Jean-René Adam

Senior Vice-President, Head of Public Equities

David Caron

Senior Director, Portfolio Manager, North American Equities

Asset Allocation

Sébastien Mc Mahon

Chief Strategist, Senior Economist and Vice-President, Asset Allocation & Portfolio Manager

Tej Rai

Senior Vice-President, Asset Allocation

Fixed Income

Alexandre Morin

Senior Director, Portfolio Manager, Fixed Income

David McCulla

Senior Director, Portfolio Manager, Fixed Income

Dominic Siciliano

Senior Vice-President, Head of Fixed Income

North American & Global Dividend Stocks

Dan Rohinton

Vice-President, Portfolio Manager, Global Dividend

Jean-René Adam

Senior Vice-President, Head of Public Equities

Oliver Shao

Director, Portfolio Manager, Global Dividend

Loomis, Sayles & Company, L.P.

Loomis, Sayles & Company, L.P.

Global Equities & Fixed Income

Matthew Eagan

Executive Vice-President & Portfolio Manager

Eileen Riley

Vice-President & Portfolio Manager

David Rolley

Vice-President & Portfolio Manager

Lee Rosenbaum

Vice-President & Portfolio Manager

Global Multisector Bonds

Matthew Eagan

Executive Vice-President & Portfolio Manager

Brian Kennedy

Vice-President & Portfolio Manager

International & U.S. All-Cap Equities

Aziz Hamzaogullari

Growth Equity Strategies Founder, Chief Investment Officer & Portfolio Manager

QV Investors Inc.

QV Investors Inc.

Canadian, U.S. & Global Equities

Richard Fortin

Portfolio Manager

Mathew Hermary

Portfolio Manager

Joe Jugovic

Portfolio Manager

Steven Kim

Portfolio Manager

Derek Nichol

Portfolio Manager

Vancity Investment Management Ltd.

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

Charan Sanghera

Senior Associate Portfolio Manager, Equities

Marc Sheard

Portfolio Manager, Equities

Mary Tsang

Associate Portfolio Manager, Equities

Wellington Square

Wellington Square

Corporate Bonds & Senior Loans

Amar Dhanoya

Portfolio Manager

Andrew Khazzam

Portfolio Manager

Jeff Sujitno

Portfolio Manager

Tracy Zhao

Portfolio Manager


Wellington Square refers to Wellington Square Capital Partners Inc. (sub-advisor) and Wellington Square Advisors Inc. (sub-sub advisor).