Here’s What We’re Thinking

Weekly Update

Written by Nitin Manohar
May 30, 2018

Markets will have to digest a flurry of important event risk and developments over the coming couple of weeks including February U.S. labour data (3/10), a Federal Reserve interest rate policy meeting (3/15), Netherlands’ national election (3/15), Pres. Trump’s budget submitted to Congress as well as negotiations over debt ceiling (Mar. 16), UK could invoke Article 50 triggering Brexit negotiations & European summit (3/9-10), China NPC & economic policies/targets (3/9), G20 finance officials meeting (Mar. 17-18), and a Trump/Merkel meeting (3/14). Of particular importance, FOMC members have been suggesting that the committee is ready to hike rates next week, a signal that investors’ confidence in an improving economy is well-placed (the market has priced in a full rate hike).

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Canadian ETF strategy

Growth of the Canadian ETF industry

Written by Nitin Manohar
April 20, 2016

As of the end of March 2016, total ETF assets have surpassed the $95 billion mark. One key trend observed is the proliferation of “factor‐based” ETFs which was evident in 2015 and so far in 2016 (with the exception of the new TD AM ETFs). Not only are ETF providers launching new products at a record pace, but new ETF providers are appearing on the Canadian ETF market (see below).

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