Knowledge Centre

Investment Review

Q3 2016
The tranquil summer that investors were enjoying came to an abrupt end towards the latter part of the quarter as negative events triggered a brief wake up call and volatility crept back into the picture. While short term news may twist the market's tail, it will be the major fundamental...
Q2 2016
Uncertainty has always been the main source of angst for investors and there has been no shortage of that lately. The last few months have been a frenzy of dire predictions and hyperventilated commentary which has caused significant swings in the financial markets. However, at the end of the day,...
Q1 2016
The past quarter was another lesson in the benefits of long term investing as the markets were particularly volatile in the course of reflecting the January recessionary scare, to the grudging acceptance that returns might be limited by slower growth, to a flat out bull market surge at the end...
Q4 2015
Global economic growth once again disappointed in 2015. This was largely due to the poor perfor- mance of emerging markets which appear to be entering a new and dangerous phase. Developed nations were not immune as they were also subject to wild swings in stock and bond prices, com- modity...
Q3 2015
In the span of three months the global equity markets have gone from contentment to dread. Even the formerly invincible U.S. stock market started to show cracks. There has been no specific reason for the selling but a collection of interconnected concerns: the slowing Chinese economy, the continuing commodities collapse,...
Q2 2015
Investors who slept through the first half of 2015 did not miss much with regard to the global financial markets. The world continues to be swept up in the Greek crisis with every twist and turn played out in the press and the financial markets. The global economy barely achieved...
Q1 2015
Global growth in the first quarter 2015 was essentially the same as it was at the end of last year. With a cursory glance at the headlines from around the world one could conclude that the global marketplace is on the precipice of calamity; however nothing is further from the...
Q4 2014
The global economy experienced another year of modest growth yet with a lot of uncertainty going forward. Limited clarity in the marketplace will lead to a period of greater volatility for stocks and bonds around the world. And yet, despite the market uncertainty and relatively mediocre performance, the rays of...

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