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 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.
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.
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.
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
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).