A More Strategic View of Tax Season
By: Nidhi Chhatbar, CFA Reframing tax season as a moment to assess structure, not just settle outcomes. Tax season is often approached as a retrospective exercise focused on filing, reconciling and moving on. In practice, it offers something far more valuable. A completed tax return provides one of the most comprehensive financial snapshots available, capturing […]
Industry Insights: Identifying Value in REITs Through Supply and Demand Dynamics
By: Jamie Murray, CFA Real estate has long been defined by a simple principle: location matters. Investors instinctively gravitate toward assets in established, high-demand markets, whether that is a beachfront property or a well-positioned hotel in a central district. What ultimately defines a “prime” location is the balance between supply and demand. Strong demand paired […]
Company Spotlight: Mastercard
By: Michael Hakes, CFA, MBA Rethinking Disruption in Payments Is fintech disruption truly a threat to Mastercard or could it ultimately reinforce its position? Recent headlines have created a narrative that the payments landscape is on the verge of being reshaped by artificial intelligence, digital currencies, and regulatory pressure. The concern is that new payment […]
2026 Market Outlook: Volatility, AI Investment and Geopolitical Risk
Bruce Murray, CFA, CEO & CIO Why market volatility, earnings growth and global conflict are shaping investor strategy in 2026 This commentary reflects market conditions and available information as of Tuesday, April 7, 2026. Given the pace of recent geopolitical and market developments, some data points or events may have evolved since the time of […]
Air Canada: Grounded or Ready for Takeoff?
Michael Hakes, CFA, MBA Air Canada is being priced for a problem it has already solved. The prevailing view still reflects a pandemic-era reality. Excess leverage, heavy dilution and structural fragility continue to define the narrative. That framing is increasingly disconnected from the underlying business. Over the past three years, Air Canada has undertaken a […]
TRENDING TOPICS: The Forces Shaping Markets This Week
Jamie Murray, CFA, President This week’s developments centre on three areas shaping current portfolio positioning: first quarter earnings from Big Tech and the continued buildout of AI infrastructure, followed by two company-specific events tied to recent additions across our strategies. Big Tech Earnings and the Economics of AI Infrastructure Amazon, Alphabet, Meta and Microsoft all […]
The Fundamentals Behind Today’s Market Rally
Bruce Murray, CFA, CEO & CIO Why earnings growth, AI-driven productivity and corporate profitability continue to outweigh short-term market volatility For the past several years, inflation has dominated financial headlines and investor sentiment. After remaining relatively stable between 2016 and 2019 at approximately 2%, inflation dropped sharply during the pandemic before surging to levels not […]