We are committed to supporting you in helping your clients achieve their goals. With that in mind, we are responding to changes to the markets, the industry and regulatory environment with a number of initiatives and enhancements.
Richard Wong from the Mackenzie Cundill Team gives his thoughts on why his team believes that the leadership of the growth style is coming to an end.
Mackenzie Investments today announced the October 2018 cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Aequitas NEO Exchange. Unitholders of record on October 23, 2018 will receive cash distributions payable on October 30, 2018.
Mackenzie Investments partners with Greenchip Financial to launch new Global Environmental Equity Fund
Mackenzie Investments announced today the launch of Mackenzie Global Environmental Equity Fund to better support its investors and advisors seeking investment solutions with sustainability themes.
The current volatility we are witnessing in markets reminds us of what was experienced in the first quarter of this year. In February, it was a higher-than-expected wage growth number in the U.S. Employment Situation Report which led to a sharp increase in Treasury bond yields, unleashing higher cross-asset volatility. In a sense, the current situation is relatively similar: Strong upward revisions to the September non-farm payrolls gave us another move toward higher Treasury bond yields.
Equity markets were strong in the second quarter, rebounding from the sharp drop at the end of the first quarter. On a year to date basis, despite considerable volatility, developed markets are relatively flat. The overall economic backdrop continues to be supportive, with corporate earnings rising, which should be reflected in stock prices over time.
Global capital markets in the second quarter have been dominated by continued threats of trade war, political uncertainty in Europe and developments in the energy markets.
The first half of 2018 presented investors with potential reasons to be either optimistic or uncertain about markets looking ahead. On the one hand, the domestic growth story in the US seems to be relatively strong, braced by the tax cuts, fiscal, and deregulation agenda put in place by the Trump administration.