Shows
The Insight is Capital™ PodcastIlan Kolet | From US Exceptionalism to Canadian Realism Fidelity's Global Recalibration“Things are priced for perfection—but the world isn’t perfect.” — Ilan KoletWhat does it take to navigate a world where the U.S. is no longer the default safe haven? In this powerful episode, Pierre Daillie is joined by Ilan Kolet, Institutional Portfolio Manager on Fidelity Investments Canada’s Global Asset Allocation Team, to break down Fidelity’s latest asset allocation moves—and the four-pillar process guiding them.From trimming U.S. equities to boosting exposure to Europe and gold, to reassessing the Canadian market after a decade-long underweight, Kolet reveals how Fidelity is tactically re...
2025-09-2551 minInsight is Capital™ PodcastIlan Kolet | From US Exceptionalism to Canadian Realism Fidelity's Global Recalibration“Things are priced for perfection—but the world isn’t perfect.” — Ilan KoletWhat does it take to navigate a world where the U.S. is no longer the default safe haven? In this powerful episode, Pierre Daillie is joined by Ilan Kolet, Institutional Portfolio Manager on Fidelity Investments Canada’s Global Asset Allocation Team, to break down Fidelity’s latest asset allocation moves—and the four-pillar process guiding them.From trimming U.S. equities to boosting exposure to Europe and gold, to reassessing the Canadian market after a decade-long underweight, Kolet reveals how Fidelity is tactically re...
2025-09-2551 min
The Insight is Capital™ PodcastThe Sh*tty Leader Inside Us All: Mark Robinson's Lessons in Real LeadershipIn this episode of 'Insight is Capital,' Mark Robinson, the 'sh*tty leadership guy', and founder of The Sh*tty Leadership Series, joins us for a terrific conversation. With over 30 years of experience in leadership, Mark discusses the pitfalls of ego-driven management and the importance of honest, reflective leadership. We dive into the impact of fake perfection, ego, and micromanagement on team dynamics and innovation. Mark also shares practical advice on how leaders can improve by asking the right questions and fostering a culture of safety and growth. Whether you're a seasoned leader or just starting your career...
2025-07-311h 08
Insight is Capital™ PodcastETFs That Overlay Carry: Adding Alpha to Portfolios Without Subtracting Core Exposure with Adam ButlerChances are, you're already using carry strategies in your portfolio—without even realizing it. Problem is, if you’re not doing it deliberately, it might be doing more harm than good.
🔍 Episode Summary
In this special episode of Raise Your Average, Pierre is joined by Adam Butler, Chief Investment Officer at ReSolve Asset Management, co-creators along with Newfound Research of the Return Stacked ETF suite, to unpack the misunderstood world of carry strategies. They dig into what carry really is—beyond just currency trades—and why most investors unknowingly take on carry risk without any plan to man...
2025-07-1741 minThe Raise Your Average™ PodcastETFs That Overlay Carry: Adding Alpha to Portfolios Without Subtracting Core Exposure with Adam ButlerChances are, you're already using carry strategies in your portfolio—without even realizing it. Problem is, if you’re not doing it deliberately, it might be doing more harm than good.
🔍 Episode Summary
In this special episode of Raise Your Average, Pierre is joined by Adam Butler, Chief Investment Officer at ReSolve Asset Management, co-creators along with Newfound Research of the Return Stacked ETF suite, to unpack the misunderstood world of carry strategies. They dig into what carry really is—beyond just currency trades—and why most investors unknowingly take on carry risk without any plan to man...
2025-07-1741 min
The Raise Your Average™ PodcastHow to Add Trend Following Alpha Without Sacrificing Your Core Portfolio with Rodrigo Gordillo🎯 What if you could protect your portfolio during market crashes, boost returns, and still keep your core investments intact? That’s not a fantasy—it’s the power of trend following / managed futures via return stacking, and it's finally accessible to everyday investors.
🎙️ In this episode of Raise Your Average, Pierre Daillie sits down with Rodrigo Gordillo, President of ReSolve Asset Management, co-creators of the Return Stacked ETFs suite, for a deep dive into one of investing’s best-kept secrets: managed futures. Long embraced by institutions for their ability to deliver uncorrelated, crisis-resistant returns, managed futures are final...
2025-07-1529 minInsight is Capital™ PodcastHow to Add Trend Following Alpha Without Sacrificing Your Core Portfolio with Rodrigo Gordillo🎯 What if you could protect your portfolio during market crashes, boost returns, and still keep your core investments intact? That’s not a fantasy—it’s the power of trend following / managed futures via return stacking, and it's finally accessible to everyday investors.
🎙️ In this episode of Raise Your Average, Pierre Daillie sits down with Rodrigo Gordillo, President of ReSolve Asset Management, co-creators of the Return Stacked ETFs suite, for a deep dive into one of investing’s best-kept secrets: managed futures. Long embraced by institutions for their ability to deliver uncorrelated, crisis-resistant returns, managed futures are finally breaking...
2025-07-1529 min
Insight is Capital™ PodcastCorey Hoffstein: Merger Arbitrage Isn’t Just for Institutions Anymore — Here’s How You Can Use ItForget what you thought about merger arbitrage — it’s no longer out of reach for individual investors and advisors.
In this episode, Corey Hoffstein, CIO at Newfound Research and co-creator of Return Stacked ETFs, joins us for a deep dive into merger arbitrage — a long-used institutional strategy that’s now accessible to retail and advisor portfolios via the RSBA ETF (Return Stacked Bonds & Arbitrage ETF)
Corey explains that merger arbitrage isn’t just about betting on deals; it’s about systematically capturing a risk premium tied to time and deal closure uncertainty. With low correlation to stocks, bonds, and c...
2025-07-1020 minThe Raise Your Average™ PodcastCorey Hoffstein: Merger Arbitrage Isn’t Just for Institutions Anymore — Here’s How You Can Use ItForget what you thought about merger arbitrage — it’s no longer out of reach for individual investors and advisors.
In this episode, Corey Hoffstein, CIO at Newfound Research and co-creator of Return Stacked ETFs, joins us for a deep dive into merger arbitrage — a long-used institutional strategy that’s now accessible to retail and advisor portfolios via the RSBA ETF (Return Stacked Bonds & Arbitrage ETF)
Corey explains that merger arbitrage isn’t just about betting on deals; it’s about systematically capturing a risk premium tied to time and deal closure uncertainty. With low correlation to stocks, bonds, and credit sprea...
2025-07-1020 min
The Raise Your Average™ PodcastEric Balchunas The Trump Put & How ETFs are Shaping Wild MarketsCan one word from a U.S. president really move markets by 8% in two hours? Bloomberg’s Eric Balchunas calls it the "Trump Put"—and that's just for starters.Episode Summary:
In this episode, Raise Your Average hosts Pierre and Mike welcome back Bloomberg Senior ETF Analyst Eric Balchunas, and co-host of Trillions, for a dynamic conversation that peels back the curtain on ETF flows, investor psychology, and the growing crossover between crypto and traditional finance. Balchunas unpacks the hidden narratives driving today's markets—from the surge in passive flows and rebalancing tailwinds, to the rise of...
2025-05-021h 08Insight is Capital™ PodcastThe Trump Put & How ETFs are Shaping Wild Markets with Eric BalchunasCan one word from a U.S. president really move markets by 8% in two hours? Bloomberg’s Eric Balchunas calls it the "Trump Put"—and that's just for starters.Episode Summary:
In this episode, Raise Your Average hosts Pierre and Mike welcome back Bloomberg Senior ETF Analyst Eric Balchunas, and co-host of Trillions, for a dynamic conversation that peels back the curtain on ETF flows, investor psychology, and the growing crossover between crypto and traditional finance. Balchunas unpacks the hidden narratives driving today's markets—from the surge in passive flows and rebalancing tailwinds, to the rise of...
2025-05-021h 08
The Raise Your Average™ PodcastReturn Stacking: Diversification Without SacrificeIs it possible to enhance diversification without sacrificing returns?
In this episode of Raise Your Average, Pierre Daillie sits down with Rodrigo Gordillo of ReSolve Asset Management and Corey Hoffstein of Newfound Research to discuss the game-changing concept of return stacking and the launch of the Return Stacked Global Balanced & Macro ETF (RGBM)—now listed on the Toronto Stock Exchange.
Discover how this capital-efficient strategy allows investors and advisors to stack returns from systematic macro strategies on top of a traditional 60/40 portfolio—all without selling core assets.
Packed with institutional insights, behavioral solutions, and...
2025-03-271h 02Insight is Capital™ PodcastReturn Stacking: Diversification Without SacrificeIs it possible to enhance diversification without sacrificing returns?
In this episode of Raise Your Average, Pierre Daillie sits down with Rodrigo Gordillo of ReSolve Asset Management and Corey Hoffstein of Newfound Research to discuss the game-changing concept of return stacking and the launch of the Return Stacked Global Balanced & Macro ETF (RGBM)—now listed on the Toronto Stock Exchange.
Discover how this capital-efficient and tax-efficient strategy allows investors and advisors to stack returns from systematic macro strategies on top of a traditional 60/40 portfolio—all without selling core assets.
Packed with institutional insights, behavioral solutions, and a dose of ETF...
2025-03-271h 02
Insight is Capital™ PodcastThe Power of Raising Literacy in Canada with Mélanie Valcin📖 Did you know that nearly 1 in 5 Canadian adults struggles to read a simple sentence?In this eye-opening episode of the Insight is Capital Podcast, host Pierre Daillie sits down with Mélanie Valcin, President & CEO of United for Literacy, to discuss the life-changing impact of literacy on individuals, families, and the Canadian economy.We explore:✅ The hidden literacy crisis in Canada and how it affects employment, health, and civic engagement✅ The $50+ billion GDP boost that raising literacy levels by just 1% could create✅ How United for Literacy is helping individuals overcome b...
2025-02-1242 minThe Insight is Capital™ PodcastThe Power of Raising Literacy in Canada with Mélanie Valcin📖 Did you know that nearly 1 in 5 Canadian adults struggles to read a simple sentence?
In this eye-opening episode of the Insight is Capital Podcast, host Pierre Daillie sits down with Mélanie Valcin, President & CEO of United for Literacy, to discuss the life-changing impact of literacy on individuals, families, and the Canadian economy.
We explore:
✅ The hidden literacy crisis in Canada and how it affects employment, health, and civic engagement
✅ The $50+ billion GDP boost that raising literacy levels by just 1% could create
✅ How United for Literacy is helping individuals overcome barriers and unlock...
2025-02-1242 min
The Insight is Capital™ PodcastThe 2025 Marketing Guide for Financial Advisors with Samantha RussellIn this episode, host Pierre Daillie dives into the essentials of marketing success with Samantha Russell, Chief Evangelist at FMG Suite. Samantha shares her expert insights on how financial advisors can thrive in a digital-first world, where competition is nationwide, and the rules of client acquisition are constantly evolving.
🔥 Key Topics Discussed:
The Changing Face of Marketing for Advisors
Why a digital presence is non-negotiable in the era of $30 trillion in millennial-controlled assets.
The importance of niche marketing and standing out in a crowded marketplace.
Strategies to Build a High-Converting Website
The 5-second rule: how to gra...
2025-01-2851 min
Insight is Capital™ PodcastRethinking Wealth: Unlocking the Power of Private MarketsIn this episode of Insight is Capital, we’re joined by Tony Davidow, Senior Alternatives Investment Strategist at Franklin Templeton Institute and author of the soon-to-be-released Private Markets: Building Better Portfolios with Private Equity. Tony shares his expert insights on the revolution in private market investing and why it’s reshaping wealth management.We explore how private equity, private credit, and private real estate are transforming portfolio construction, offering uncorrelated returns, greater diversification, and resilience during market downturns. Tony demystifies the illiquidity premium, highlights the growing role of secondaries, and explains why advisors must embrace alternatives to meet...
2024-12-1059 min
The Insight is Capital™ PodcastWomen and Alts: A Global Perspective with Barbara Stewart, CFAIn this episode of Insight is Capital, Pierre Daillie welcomes Barbara Stewart, CFA, a renowned global researcher, author, and former portfolio manager, to discuss her latest white paper, 'Women and Alts: A Global Perspective.' Commissioned by Kensington Capital Partners, the in-depth 83-page research paper explores the alt gender gap and the barriers preventing women from investing in alternative assets. Barbara shares insights from her extensive interviews with 52 global finance leaders, highlighting the need for improved information, network access, and inclusive marketing strategies. She emphasizes the importance of tailored marketing approaches and encourages women to begin investing, stressing the...
2024-11-2731 minInsight is Capital™ PodcastWomen and Alts: A Global Perspective with Barbara Stewart, CFAIn this episode of Insight is Capital, Pierre Daillie welcomes Barbara Stewart, CFA, a renowned global researcher, author, and former portfolio manager, to discuss her latest white paper, 'Women and Alts: A Global Perspective.' Commissioned by Kensington Capital Partners, the in-depth 83-page research paper explores the alt gender gap and the barriers preventing women from investing in alternative assets. Barbara shares insights from her extensive interviews with 52 global finance leaders, highlighting the need for improved information, network access, and inclusive marketing strategies. She emphasizes the importance of tailored marketing approaches and encourages women to begin investing, stressing the...
2024-11-2731 min
Insight is Capital™ PodcastMario Cianfarani: Canadians love their advisors - but Gen Z and Millenials are shaking things upIn this episode Mario Cianfarani, Head of Distribution at Vanguard Investments Canada joins us to discuss the latest findings from Vanguard Canada's Value of Advice survey. The widely developed survey, which gathered responses from 1,307 Canadian investors, highlights strong client satisfaction among advisors, with 74% of investors feeling their advisor is worth every dollar. The survey also reveals the generational shift towards online brokerages among younger investors aged 18 to 34, who at the same time have a desire access to an investment professional, frequent communication and personalized financial planning - a hybrid model. Key topics include trust issues among younger investors, the...
2024-11-2046 minThe Insight is Capital™ PodcastMario Cianfarani: Canadians love their advisors - but Gen Z and Millenials are shaking things upIn this episode Mario Cianfarani, Head of Distribution at Vanguard Investments Canada joins us to discuss the latest findings from Vanguard Canada's Value of Advice survey. The widely developed survey, which gathered responses from 1,307 Canadian investors, highlights strong client satisfaction among advisors, with 74% of investors feeling their advisor is worth every dollar. The survey also reveals the generational shift towards online brokerages among younger investors aged 18 to 34, who at the same time have a desire access to an investment professional, frequent communication and personalized financial planning - a hybrid model. Key topics include trust issues among younger investors, the...
2024-11-2046 min
The Raise Your Average™ PodcastDoomberg: Trump, Energy Policy and Geopolitical UncertaintyIn this episode, Richard and Pierre are joined by the brilliant and always-provocative Doomberg. Known for slicing through political and energy-market noise with precision, Doomberg unpacks the seismic shifts rippling across the globe following the U.S. election.
From the resurrection of "Drill, Baby, Drill" to the strategic chessboard of Big Tech’s nuclear ambitions, Doomberg delivers his signature contrarian takes on the interplay of energy, geopolitics, and the economy. Are we entering an era of “energy independence” under Trump 2.0, or is the green agenda facing its biggest existential test yet?
Key Topics We Cover:
...
2024-11-191h 23Insight is Capital™ PodcastDoomberg: Trump, Energy Policy and Geopolitical UncertaintyIn this episode, Richard and Pierre are joined by the brilliant and always-provocative Doomberg. Known for slicing through political and energy-market noise with precision, Doomberg unpacks the seismic shifts rippling across the globe following the U.S. election.From the resurrection of "Drill, Baby, Drill" to the strategic chessboard of Big Tech’s nuclear ambitions, Doomberg delivers his signature contrarian takes on the interplay of energy, geopolitics, and the economy. Are we entering an era of “energy independence” under Trump 2.0, or is the green agenda facing its biggest existential test yet?Key Topics We Cover:📉...
2024-11-191h 23
The Raise Your Average™ PodcastStop Competing with Markets! Do this instead - Larry SwedroeIn this episode Pierre and Adam sit down with Larry Swedroe, well-known expert in evidence-based investment strategies and former Chief Research Officer at Buckingham Wealth Partners. They get into Larry's views on market forecasting, why investors should ignore short-term predictions, and the importance of building resilient and hyper-diversified portfolios to mitigate market risks. Swedroe emphasizes the inefficiency
of individual stock selection and market timing, advocating instead for systematic, rule-based investment strategies. Additionally, he offers
insights into the historical performance of various asset classes and how to think about risk in portfolio construction. 00:00 Introduction and Disclaimer
00:27 Welcoming Larry...
2024-11-121h 25Insight is Capital™ PodcastStop Competing with Markets! Do this instead - Larry SwedroeIn this episode Pierre and Adam sit down with Larry Swedroe, well-known expert in evidence-based investment strategies and former CIO at Buckingham Wealth Partners. They get into Larry's views on market forecasting, why investors should ignore short-term predictions, and the importance of building resilient and hyper-diversified portfolios to mitigate market risks. Swedroe emphasizes the inefficiency of individual stock selection and market timing, advocating instead for systematic, rule-based investment strategies. Additionally, he offers insights into the historical performance of various asset classes and how to think about risk in portfolio construction.00:00 Introduction and Disclaimer00:27 Welcoming Larry...
2024-11-121h 25
The Insight is Capital™ PodcastFidelity's Ilan Kolet: Investing for Soft and Hard Landings into 2024. How?Pierre welcomes back Ilan Kolet, Institutional Portfolio Manager at Fidelity Investments. This episode delves into Ilan's expert analysis on U.S. and Canadian economies amid ongoing global economic shifts. Discover insights on the Fed's unprecedented rate cuts, the productivity expansion in the U.S., challenges facing the Canadian economy, and Fidelity's tactical asset allocation positioning. Ilan also shares his experience at the NABE conference and thoughts on the future of fiscal policy. Explore investment strategies and gain valuable perspectives on navigating today's markets.
Timestamped Highlights
00:00 Introduction and Disclaimer
00:20 Guest Introduction: Ilan Kolet
01:38 Market...
2024-10-1549 minInsight is Capital™ PodcastFidelity's Ilan Kolet: Investing for Soft and Hard Landings into 2024. How?Pierre welcomes back Ilan Kolet, Institutional Portfolio Manager at Fidelity Investments. This episode delves into Ilan's expert analysis on U.S. and Canadian economies amid ongoing global economic shifts. Discover insights on the Fed's unprecedented rate cuts, the productivity expansion in the U.S., challenges facing the Canadian economy, and Fidelity's tactical asset allocation positioning. Ilan also shares his experience and insight from the NABE conference and thoughts on the future of fiscal and monetary policy. Explore investment strategies and gain valuable perspectives on navigating today's markets.Timestamped Highlights00:00 Introduction and Disclaimer00:20 Guest...
2024-10-1549 min
Insight is Capital™ PodcastNBI's Martin Lefebvre: Q4 2024-2025 Market and Economic OutlookIn this episode of the Insight is Capital podcast, Pierre talks to Martin Lefebvre, Chief Investment Officer at National Bank Investments. They explore Martin's outlook on the economy, fixed income, and equities, amid a backdrop of U.S. stock highs, falling bond yields, and changing labor market indicators. They discuss the recent Federal Reserve's 50 bps interest rate cut and its implications, the potential for a soft economic landing, and the intricacies of the U.S. and Canadian housing markets. Additionally, Lefebvre delves into strategies for handling expected market volatility ahead of the U.S. election and the broader implications...
2024-10-0935 min
The Raise Your Average™ PodcastFrom Long/Short to Long Sports: Exploring Unique Uncorrelated Alternative Investments with Banrion's Shana SisselIn this episode of 'Raise Your Average,' co-hosts Pierre and Mike welcome Shana Orczyk Sissel, CEO at Banrion Capital Management. We explore Shana's 20-year journey in wealth management, her experience and insights on alternative investments, and the evolving landscape of the industry. Shana shares her personal story of transitioning from a career in sports management to finance, discussing the challenges and triumphs along the way. Our conversation gets into key trends and opportunities in the alternative space, including private equity, venture capital, and interval funds. Shana emphasizes the importance of differentiating and engaging clients through unique and personalized...
2024-09-241h 11
The Raise Your Average™ PodcastMacro Outlook and Defensive Investing Strategies with Bob ElliottBob Elliott, CEO, and CIO at NYC-based Unlimited Funds joined us on the show. We discussed his 13 years of experience while at Bridgewater Associates (10 years as head of Ray Dalio's investment research team), and the lessons he learned from the Global Financial Crisis and the more recent period of ecomomic upheaval, and today's macroeconomic landscape. Bob emphasized the importance of diversification, dissecting inflation, interest rates, as well as the effects of, for example, the impact of deglobalization and reshoring may have on the U.S. economy. We explore Unlimited Funds' innovative strategies of hedge fund like replication that everyday...
2024-08-151h 17
The Insight is Capital™ PodcastMutiny's Jason Buck on Taming Market Risk: Defense? How? Why Now?In this episode of Insight is Capital, Pierre Daillie chats with Jason Buck, Chief Investment Officer at Mutiny Fund, to discuss defensive and offensive strategies in portfolio management - with equity valuations of the "Magnificent 7" it's now particularly essential for advisors and investors alike to consider defense ahead of any potential reversals. Buck points out that from a business perspective, advisors are leveraged to the equity market by 3-4x, when their business AUM is exposed to drawdown risks. Jason shares his journey from a real estate developer affected by the 2008 financial crisis to a consultant on risk management...
2024-08-0159 minInsight is Capital™ PodcastMutiny's Jason Buck on Navigating Volatility: Defense? How? Why Now?In this episode of Insight is Capital, Pierre Daillie chats with Jason Buck, Chief Investment Officer at Mutiny Fund, to discuss defensive and offensive strategies in portfolio management - with equity valuations of the "Magnificent 7" it's now particularly essential for advisors and investors alike to consider defense ahead of any potential reversals. Buck points out that from a business perspective, advisors are leveraged to the equity market by 3-4x, when their business AUM is exposed to drawdown risks. Jason shares his journey from a real estate developer affected by the 2008 financial crisis to a consultant on risk management...
2024-08-0159 min
Insight is Capital™ PodcastFactSet's Elisabeth Kashner – The Scoop: Deep ETF Trends InsightsIn this conversation, Pierre Daillie interviews Elisabeth Kashner, Director of Global Funds Research, FactSet, about the trends and challenges in the ETF market. They discuss the slow pace of ETF flows in 2024, the impact of the Fed's rate cuts, and the attractiveness of cash investments. They also explore the rise of actively managed equity ETFs and the competition among asset managers to offer low-cost products. The conversation highlights the importance of providing exceptional value and solving the profitability challenge in the ETF industry. The asset management industry is experiencing a shift towards lower fees and increased efficiency, driven by...
2024-07-2359 min
The Insight is Capital™ PodcastSom Seif Investment Review and Outlook - Positioning for Unclear MarketsJoin us as we catch up with Som Seif, Founder and CEO of Purpose Investments. In this episode of Insight is Capital, Som shares his perspectives on the current volatile market environment, discussing trends in stocks, bonds, and interest rates. With a focus on sustainable investment solutions and economic productivity driven by AI, Som shares his views of market expectations, the role of the Fed, and the importance of preparing for multiple economic scenarios, considering the range of possibilities of 'higher for longer' monetary policy. Som shares his thoughts on the need to establish a mental model for advisors...
2024-07-1747 minInsight is Capital™ PodcastSom Seif Investment Review and Outlook - Positioning for Unclear MarketsJoin us as we catch up with Som Seif, Founder and CEO of Purpose Investments. In this episode of Insight is Capital, Som shares his perspectives on the current volatile market environment, discussing trends in stocks, bonds, and interest rates. With a focus on sustainable investment solutions and economic productivity driven by AI, Som shares his views of market expectations, the role of the Fed, and the importance of preparing for multiple economic scenarios, considering the range of possibilities of 'higher for longer' monetary policy. Som shares his thoughts on the need to establish a mental model for advisors...
2024-07-1747 min
The Insight is Capital™ PodcastSteve Hawkins Returns: Innovation and the Future of ETFsIn this episode of Insight is Capital, Pierre Daillie, Managing Editor at AdvisorAnalyst.com catches up with Steve Hawkins, CEO of Longpoint ETFs. After a notable career leading Horizons ETFs (now Global X ETFs Canada) and a brief retirement travelling the world, Hawkins discusses his market outlook, his return to the investment industry with his new venture focused on building innovative ETF products. The conversation dives into his experiences, strategic vision, as well as his take on the evolving landscape of the ETF market, touching on the importance of listening to investor needs and the distinct opportunities he plans...
2024-07-1143 minInsight is Capital™ PodcastSteve Hawkins Returns: Innovation and the Future of ETFsIn this episode of Insight is Capital, Pierre Daillie, Managing Editor at AdvisorAnalyst.com catches up with Steve Hawkins, CEO of Longpoint ETFs. After a notable career leading Horizons ETFs (now Global X ETFs Canada) and a brief retirement travelling the world, Hawkins discusses his market outlook, his return to the investment industry with his new venture focused on building innovative ETF products. We dive into his experiences, strategic vision, as well as his take on the evolving landscape of the ETF market, touching on the importance of listening to investor needs and the distinct opportunities he plans to...
2024-07-1143 min
Insight is Capital™ PodcastNational Bank's Daniel Straus: Extraordinary ETF Insights, OutlookIn this episode of 'Insight is Capital', host Pierre Daillie sits down with Daniel Straus, Director and Head of National Bank Financials' ETF Research and Strategy Group, to discuss trends in the ETF market both in Canada and the U.S. They explore recent market conditions, the dynamics between U.S. and international equities, the role of AI and technology stocks, and the state of the bond market. Daniel also delves into investor behavior, the emergence of alternative investment strategies, and the implications of recent regulatory changes on ETFs. This comprehensive discussion provides extraordinary and valuable insights into the...
2024-07-041h 03
Insight is Capital™ PodcastBrooke Thackray: Seasonal Rotation – Time to rotate?In this episode Brooke Thackray, research analyst at Global X ETFs Canada, and advisor to the Global X Seasonal Rotation ETF (HAC), joins us to discuss seasonal investing trends across US and Canadian stocks and bonds. Thackray emphasizes the effectiveness of seasonality in fine-tuning the investment process with technicals and historical market patterns – just take a quick look at the chart for the ETF – confirmed. We also discuss the rotation aspect of the fund, the expectation, for example, of gold performing well in a strong upcoming seasonal period, and the anticipation of a weaker equity market over the next six m...
2024-06-111h 08
Insight is Capital™ PodcastDoomberg Decodes: Pumpamentals, Market Riddles, Energy, Gold/China, Uranium & CanadaIn this conversation, Doomberg (https://doomberg.substack.com/) joins Pierre and Mike to discuss various topics including Bitcoin, the parallel between Michael Saylor and Hugo Stinnes, speculative mania, the parallels in the borrowing strategy of Hugo Stinnes and Michael Saylor, the pumpamentals driving distortions in the market and the flywheel effect, the geopolitical implications of the Russia-Ukraine conflict, the dangers of do-gooders and climate newspeak, and the natural gas situation and its unexpected impact on the economy.The conversation covers various topics related to the resource and wealth potential of Canada and the US, the prolific natural...
2024-04-091h 15
Insight is Capital™ PodcastDino Bourdos: Is the yield on your covered call fund too good?In this insightful discussion, Dino Bourdos, Portfolio Manager & Head of Investment Solutions at Guardian Capital LP delves into the intricacies of investment strategies, particularly focusing on the use of derivatives, covered call strategies, and the impact of market dynamics on investment decisions. With his extensive experience in the field, Bourdos offers valuable insights into the challenges and opportunities in the current economic landscape, making this a must-watch for investors and financial professionals alike.Timestamped Highlights:[00:02:19] - Impact of 2008 Financial Crisis on Individual Investors: Discussion on how the 2008 crisis led to a need for risk management...
2023-12-1438 min
Insight is Capital™ PodcastDeep Dive into Global Economic and Market Outlook, and AI's Role with Joaquin Kritz LaraJoin us in conversation with Joaquin Kritz Lara, Chief Economist at Numera Analytics, as we explore the intricate world of global economics and financial markets. Hosted by Pierre Daillie and Richard Laterman, the discussion delves into the nuances of macroeconometrics, the dynamics of inflation, and the complexities of investment strategies in today's volatile market.Joaquin brings his extensive experience in macroeconomic analysis and model building, offering unique insights into the causal relationships between economic variables and their impact on financial markets. The conversation also touches on the rigidity of Europe's job markets, the influence of geopolitical events...
2023-12-071h 33
Insight is Capital™ PodcastInvestment Insights from WisdomTree's Jeremy Schwartz & Jeff WenigerWe're excited to share our conversation with two distinguished guests from WisdomTree, Jeremy Schwartz and Jeff Weniger. Jeremy Schwartz, CFA, Global Chief Investment Officer at WisdomTree, shares his views on the market and economy from his vantage point of overseeing all of WisdomTree's investment activity. Jeff Weniger, CFA, Head of Equity Strategy at WisdomTree, shares current insights from his team's analysis of stock market trends and macroeconomic developments. Where to find our guests:Jeremy Schwartz Jeff WenigerTimestamped Highlights[00:00] Fed Rate Hikes and Economic Impact - We begin with...
2023-11-211h 23
Insight is Capital™ Podcast2023 Fidelity Retirement Report: Rising costs shake Canadians' Retirement OptimismIn this episode we welcome Peter Bowen and Michelle Munro from Fidelity Investments Canada, two leading minds in the field, to discuss their insights and discussing the findings from the recent 2023 Fidelity Retirement Report.Today's financial climate is more complex than ever. The cost of living continues to rise, and market volatility seems like the new norm. Yet, amidst all of these challenges, Canadians are maintaining an optimistic outlook towards retirement, thanks in part to sound financial planning and advice.Fidelity Investments Canada' 2023 Fidelity Retirement Report, now in its 18th iteration, is a vital resource...
2023-07-0539 min
Insight is Capital™ PodcastJeffrey Sherman: Tight Credit, Sticky Inflation, Bad Breadth... What Else?In this episode we get into an insight-filled conversation about the current state of the markets and economy and analyze the potential risks and opportunities on the horizon with Jeffrey Sherman, Deputy CIO, DoubleLine Capital. Timestamped Highlights[00:07:52] Bond Market Reacts to Economic Slowdown and Banking Crisis[00:14:32] "Regional banks face loan cost hikes and credit contraction"[00:21:06] Banking Crisis Causing Recession Watch to Rise[00:28:16] "Commodities may be key to combating inflation"[00:32:49] "Banks brace for coming regulations amid pandemic"[00:42:21] "Bank Liquidity and Outflows: Understanding the System"[00:49:39] "...
2023-04-251h 09
Insight is Capital™ PodcastJohn De Goey – Complacency, Optimism Bias & Investment RiskJohn De Goey, Senior Investment Advisor and Portfolio Manager at Wellington-Altus Private Wealth joined us for this episode to discuss dangers of complacency arising from the industy's optimism bias, as well as numerous others, threaten to derail the best laid plans of investment and financial planning and the finances of everyday investors. Our conversation covers a range of topics, including John's career in finance, his latest book "Bullshift: How Optimism Bias Threatens Your Finances," and the importance of addressing biases in investing. We also discuss the challenges of introducing new ideas in the financial services industry, the importance of...
2023-03-271h 23
Insight is Capital™ PodcastThe Importance of Attracting and Engaging Millennial Clients with Justin CastelliAdvisors are currently facing some significant challenges when it comes to working with millennial clients. The challenge lies in the fact that most high-net-worth clients are around 70 years old, while millennials are looking for advisors who can offer innovative, non-traditional approaches.The idea that millennials don't want professional advice is an under-informed perspective. As a practitioner, it's not about whether millennials want advice or not; the question that begs an answer is, "What kind of advice do millennials want?" and "How do they want to get it?"To stay relevant and attract millennial clients, advisors...
2023-03-0834 min
Insight is Capital™ PodcastMike Green: The Fed Overreacted to 2022's Inflation Pulse. Now what?Simplify Asset Management's Chief Strategist, Michael Green, a prolific researcher and writer, with a huge and popular following on Twitter, where he tweets as @ProfPlum 99 and Real Vision where he shares his thoughts and industry contacts in his Mike Green – In Conversation series, as well as a famed observer of probabilistic market and economic outcomes, provides a deep dive into the current economic landscape and his investment strategy. The market is in a state of uncertainty due to various factors, such as inflation data, recession, and passive investing dynamics. Green discusses the Federal Reserve's actions and its pot...
2023-02-271h 17
Insight is Capital™ Podcast137 Alfred Lee – 2023 Outlook & Strategy: 50 / 30 / 20Alfred Lee, Director, Portfolio Manager, and Investment Strategist at BMO Global Asset Management joined us to discuss his outlook for 2023. 2022 was a year of challenges in the financial markets, with investors facing a lot of uncertainty. For 2023, we talk about whether inflation and interest rates are moving in a positive direction. We cover portfolio strategy, zoom in on interest rate policy, fixed income strategy, and take a look at his 2023 market outlook. We discuss factor and sector equity strategy, banks, energy, gold, alternatives, key risks, and his 50/30/20 asset allocation portfolio framework, risk budgeting and asset mix.We...
2023-02-0934 min
Insight is Capital™ PodcastAlfonso Peccatiello: Macro 301 – Behind today's most crucial macroeconomic, market concernsAlfonso Peccatiello, Founder, CEO, & Macro Strategist at The Macro Compass (https://themacrocompass.com) joins us for an amazing deep dive into what is behind all of today's macro-economic and macro-market considerations and discussions. If you're interested in getting at what is at the heart of today's volatile inflation, interest rate, bond yield, and monetary policy considerations across all regions including Europe and the US, don't miss this conversation.Alfonso Peccatiello's explanation of what is driving all macro considerations in the sobering monetary policy environment we find ourselves in today, is eye-opening. Macro Alf, (@macroalf on Twitter) as...
2022-12-191h 08
Insight is Capital™ Podcast132 Barometer's David Burrows: Whats What in This Stormy and Tricky Market?David Burrows, President & Chief Investment Strategist, at Barometer Capital Management joins us for an in depth discussion on the markets, inflation, monetary policy, outlook, his base case, and exchanges his contrarian case for what possibly lies in the future vis-à-vis domestic and global economics, as well as sharing a few of his surprising ideas regarding what he's doing in the alternative investing space.David provides the Barometer team with macro driven quantitative analysis. Covering mobile markets and asset classes, Barometer tactically manages investment portfolios, targeting structural revaluations.David co-founded Barometer Capital Management, in 1991 after b...
2022-11-081h 23
Insight is Capital™ PodcastDarius Dale & Jason Del Vicario: Are Inflation Fears Overblown?Darius Dale, Founder and CEO, 42 Macro LLC, and Jason Del Vicario, CFA, Portfolio Manager, Hillside Wealth Management at IA Private Wealth join us to talk about the inflation outlook and debate the "weather" and whether the threat of inflation, inflationary volatility, and recession are overblown in this climate of extremely negative sentiment around both bond and stock markets.Darius Dale and his firm, 42 Macro, now based in upstate New York, are a 'macro-quantamental' research shop which have had incredible success in disrupting the world of market and economic research with his unequalled economic research and forecasting model...
2022-10-201h 31
Insight is Capital™ Podcast126 Jason Buck: Defensive Diversification & The Cockroach PortfolioJason Buck, Co-Founder & CIO, Mutiny Funds joins us for a chat that may have the power to change your perspective on diversification and risk management, return and long term investing outcomes. When unexpected major events occur, such as this year's stock and bond market rout in H122, where most or all of your supposedly diversified investments became correlated, and headed sharply to the downside, you may have been left feeling with the need to consider using a portfolio designed to protect against exogenous (COVID-related supply chain disruptions, Ukraine War), economic (inflation, rates), and or Black Swan events...
2022-09-081h 28
Insight is Capital™ Podcast125 Dividend Payers and Growers: Resilient During Periods of High Inflation and Rising RatesWe had the pleasure of interviewing Sri Iyer, Managing Director and Head of i3 Investments™ recently about what is, in our humble opinion, a seminal conversation on Dividend Investing.2022 has been a challenging year so far for most investors. Both stock prices and bond prices have taken a beating, marking perhaps the abrupt end to a 40-year period of gains like no other, and a rate of inflation not seen since 1983.It's time for advisors and investors to take steps to immunize their portfolios against the challenges of the current environment of inflation volatility and ri...
2022-08-101h 15
Insight is Capital™ Podcast124 Meb Faber: The Problem with Long Term InvestingGiven the year 2022 has shaped up to be so far, we thought this would be a great time to catch up with one of the true luminaries of modern investing to talk about he wraps his head around successful long-term investing. Meb Faber, illustrious co-founder and CIO at Cambria Asset Management joins Pierre and Adam to catch up on markets and investing and how he has hacked the long term investing problem. Our conversation begins with a famous quote from another investing legend and goes from there. We get into an elemental discussion about what...
2022-08-031h 20
Insight is Capital™ PodcastIvana Delevska - Investment Thesis for Industrial Technology StocksThere's a race going on in the industrial sector to modernize, technologize, compete, as well as de-carbonize. Ivana Delevska, Chief Investment Officer, SPEAR Invest, joined us to discuss the her investment thesis and strategy, underlined by her firm's research that following roughly 5 years of underinvestment, industrial companies have significant capital expenditures in front of them to catch up on, which will lead to greater adoption of industrial technology. We get into the important developments that may make for some outsized opportunities in both the industrial and technology sectors, in the not so distant future. Ms...
2022-06-301h 00
Insight is Capital™ Podcast120 Value Stocks Are Back w/ Stephen Jenkins and Jackie AuEvery stock market correction is unique, with its own causes and consequences. There are some similarities between the current market decline and past declines.Take today's example; following a period of speculation and excess that began in 2020, tech stocks have taken a beating, some from as early as Q2 2021. It's reminiscent of the tech rout in 2000, when value stocks outperformed technology stocks.In fact, value stocks are outperforming, and providing both meaningful relative positive returns, across the board in this stock market rout. Value is outperforming in large-cap U.S., small-cap U.S. segments, foreign-developed...
2022-06-091h 24
Insight is Capital™ PodcastNicolas Piquard: The Lowdown on Uranium, Lithium & CarbonNicolas Piquard, Vice-President & Portfolio Manager with Horizons ETFs Canada, joined us to talk about the significance of accessing three key commodity-focused sectors and asset classes in the context of today's global "low-carbon" ambitions. The biggest challenge for investors in 2022 is reconciling the need for diversification, largely in allocating more portfolio exposure to commodities and hard assets, with the fact that many of these sectors and asset classes are not aligned with responsible investing.In this episode we explore the much-debated commodities that are expected to play a significant role in defining energy, consumption, industrial production...
2022-06-021h 25
Insight is Capital™ PodcastDoes Seasonal Rotation Work?Brooke Thackray, Research Analyst, Horizons ETFs Management, and Kim Inglis, Portfolio Manager at Raymond James Canada join us for a fascinating deep dive looking at 'seasonal rotation' investment strategy, the revealing and repetitive behavioural patterns that define key undercurrents in markets, and how he approaches the nuanced task of navigating annual seasonal uptrends and downtrends across a variety of equity markets, equity sectors, the bond market, and other asset categories.Brooke Thackray provides the research and analysis that guides the Horizons Seasonal Rotation ETF, ticker HAC. We quickly set aside the question of "How has the Seasonal...
2022-05-251h 21
Insight is Capital™ Podcast115 Canadian ETF Trends 2022 Update w/ Ronald Landry, CIBC MellonRonald Landry, Head of Product & Canadian ETF Services at CIBC Mellon joined us for a look at the trends and developments that are shaping the growth of the Canadian ETF industry. Landry has been in the Canadian investment management industry for nearly 30 years, spending the past most recent 20 years in the once-nascent, and now flourishing ETF industry. Markets have gotten off to a rough in 2022, and we've just been through some pretty tumultuous, AND exciting times during the last two years, and what were until the end of 2021 pretty hot investment markets. From his unique position at...
2022-05-0329 min
Insight is Capital™ Podcast114 The Coming Boom in Medical Breakthroughs w/ Lisa Langley and Ali UrmanIf you're at all interested in what the next decade has in store for investors in the Genomics and Biotech Sector, stay tuned. The innovation, disruption, and breakthroughs taking place at companies in this space are destined to be among the most exciting for investors in the period ahead.It was an honour to chat with Emerge Canada CEO, Lisa Langley and ARK Investments' Ali Urman about the Genomics and Biotech Sector, as defined by the holdings of the Emerge ARK Genomics and Biotech ETF (ticker: EAGB:NEO).Lisa Langley is CEO at Emerge Canada...
2022-04-2655 min
Insight is Capital™ Podcast113 Eric Balchunas' The Bogle EffectEric Balchunas, Bloomberg's Senior ETF Analyst joins us for a conversation about his journey and discoveries in the course of writing "The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions." Eric has a unique perspective as a senior ETF analyst at Bloomberg Intelligence, having researched and analyzed the Bogle Effect extensively. He is able to combine his data with interviews with Jack Bogle himself and over 50 people who knew him well, including Warren Buffett, Micheal Lewis, Cathie Wood, Cliff Asness, John Bogle Jr., Brad Katsuyama, Gus Sauter and Jason...
2022-04-2057 min
Insight is Capital™ Podcast112 Andrew Beer on Simplifying Managed Futures and Liquid Alts ExposureOur very special guest Andrew Beer, has a fascinating background and career in finance. He is a managing member at Dynamic Beta Investments, one of the oldest firms doing liquid alternatives. Their mission is to sponsor and roll out ETFs that look like managed futures (CTAs) and hedge funds, except with full transparency, liquidity, and none of the high fees.Dynamic Beta Investments' approach is both unique and fascinating, which brings Jack Bogle's philosophy to the managed futures (CTAs) and hedge fund space.If you’re looking to liquid alts or manage futures and want to...
2022-04-071h 29
Insight is Capital™ Podcast110 Hugh Hendry: War Europe Inflation U.S. China Dislocations Bonds Equities Carbon MetaverseHugh Hendry, The Acid Capitalist, Macro-Advisor, and Founder of Eclectica Asset Management, joins us for a creative and critical, hot-take filled conversation.=========================================HIGHLIGHTS=========================================- Blunderer Putin's absurd personal ego-fueled tragic war on Ukraine- Europe caught on the backfoot- Inflation, what it is and is this it, yet?- Natural gas, Pipelines- Gold- the unbalanced symbiosis that is U.S.-China trade, currency and policy malaise- the realities facing the bond market ...
2022-03-211h 58
Insight is Capital™ Podcast109 Kim Shannon: Value Investing, Inflation & Canadian EquitiesKim Shannon, Founder & Co-CIO, Sionna Investment Managers, joins us on Raise Your Average for a very enjoyable and insightful deep dive conversation about value investing, that value is an inflation/reflation trade, and has some advice for stock investors heading into 2022. The Canadian market is undervalued right now and there's a lot of opportunity for investors to take advantage of in the new year.Today is International Women's Day and in honour of that, we are excited to serendipitously feature our conversation of February 14, 2022 with Kim Shannon, one of Canada's brilliant value investors.Our conversation...
2022-03-081h 08
Insight is Capital™ Podcast108 Hugh Hendry: Big Macro Fault LinesHugh Hendry, a.k.a. The Acid Capitalist, and Founder of the award winning hedge fund management firm, Eclectica Asset Management, joins Pierre Daillie and Joseph Lamanna for over 90 minutes, in a hot-take filled and hilarious-at-times conversation deep in critical and paradoxical thinking about the past and current geo-politics of Russia and China, the QE and disinflation-fueled equity and bond bull markets, the dynamics of oil and natural gas in the context of both pre-inflation concerns and the ultimate exogenous energy threat to Europe, his unique perspective on the impact and opportunity presented by the carbon permit/credit market...
2022-03-011h 31
Insight is Capital™ Podcast106 Making Sense of Sustainable Investing with Jon Aikman & Dr. Sean ClearyJon Aikman, Portfolio Manager, at ReSolution Investments and Dr. Sean Cleary, Chair of the Institute for Sustainable Finance, at Smith School of Business at Queen's University join us for a deep dive concerning ESG, the intended and controversial unintended consequences of ESG, ways of thinking about the definition and implementation of ESG investing, impact or sustainable investing, from the angles of both risk management and investment opportunity, and the key differences between top-down (passive) and bottom-up (active) ESG investing. We also get into their unique perspectives and examples of how investors, and the advisors who serve them, can meaningfully...
2022-02-091h 33
Insight is Capital™ Podcast102 A Sea of D's in 2022 w/ Darius Dale and Mary HagermanDarius Dale, Founder & CEO, 42 Macro LLC, and Mary Hagerman, Portfolio Manager, Raymond James (our guest advisor panelist) joined us on Raise Your Average for a full market macro overview. Darius Dale takes us through the inner workings of his and his firm's "GRID" macro framework as well as macro-forecast modelling framework. We discuss his outlook at the time for the markets and economy, and the inflationary and simultaneously, deflationary dynamics that are causing confusion surrounding whether inflation might be pernicious or temporary.The key takeaway from this conversation is that we are likely entering a period of...
2022-01-171h 16
Insight is Capital™ Podcast99 Huber's New Almanac of Alternative InvestmentsPhil Huber, CIO, Savant Wealth Management, based in Chicago, joins us for a deep dive on how advisors can thoughtfully and successfully implement alternatives to gain a competitive edge in portfolio construction. Phil is a former award-winning advisor, was appointed CIO, at Savant following the merger of Huber Financial Advisors and Savant Capital, which forged their $8-billion Chicago-land behemoth Savant Wealth Management RIA two years ago.Recognizing that there was a massive proliferation of alternative investment vehicles, he decided to publish a tour-de-force guide that provides detail, reference, and rich insights on understanding how and why the...
2022-01-061h 13
Insight is Capital™ Podcast97 Preet Banerjee - What is Advice Worth?Preet Banerjee, Founder and CEO of MoneyGaps (https://moneygaps.com) joins us for a deep dive into the topic of the value of financial advice, and he has been researching the answer to the question, "How do you quantify the value of financial advice?". This is a quintessential question, and the answer is not simple. We get into an eloquent and well explained conversation about the different qualitative and quantitative components that make up that value. As pretext, Preet Banerjee is in the process of completing a Ph.D. on this very subject of how to quantify the value...
2021-12-231h 10
Insight is Capital™ Podcast96 New Ways to Optimize Retirement with David Blanchett & Michael Finke Ph.D.David Blanchett, Head of Retirement Research at $1.5-trillion AUM, PGIM (Prudential) and Dr. Michael Finke, Ph.D., Professor of Wealth Management, The American College, join us for a deep dive discussion into the challenges facing retirees, new ways of thinking about retirement and longevity, and new solutions advisors can use to help their clients optimize funding retirement income liabilities in this low rate, low yielding, & historically sky-high equity valuation environment. They answer the question, What are some of the newer ways retirees can approach this conundrum?The concurrence of demographic waves, economic and market conditions, equity valuations...
2021-12-151h 24
The Raise Your Average™ PodcastMike Green: The Un-Consensus on Today's Macro & InflationMichael Green, Chief Strategist at Simplify Asset Management joins Pierre Daillie and Adam Butler for a blockbuster of a conversation about his macro view of the economy, inflation, markets and the dynamics of today's equity and fixed income markets, as well as his in depth view [1:20:21] that stock markets are less efficient and more 'inelastic' due to the proliferation of passive index investing, and what that means.Our conversation begins with Michael setting the stage for the entire conversation by describing how and why the 70s inflation occurred. [5:00] Instead, with the power of historical hindsight and investigation...
2021-11-161h 52
Insight is Capital™ Podcast87 David Rosenberg: Take Off Your 'Rosie' Coloured GlassesDavid 'Rosie' Rosenberg joins us for 98 minutes to discuss his latest outlook for the economy, bond and equity markets, and two of his current investment recommendations. We jump right in to David Rosenberg's outlook for the economy and markets. [1:24] Setting the stage for what's to come in our conversation David Rosenberg describes the conditions he thinks are likely to occur and what that means for the economy and markets. At 38X valuations he says the temptation to get in the market in equity markets is high, and shares two of his top ideas on where to position...
2021-10-141h 38
Insight is Capital™ PodcastEp 86 Jeffrey Sherman – Macro-View: How to Protect and Profit in This Bizarre MarketJeffrey Sherman, Deputy CIO, DoubleLine Capital joins us for nearly 90 minutes on all things investing, and how he's navigating this bizarre market. Our discussion turns to positioning fixed income, equities, commodities, real assets, as well as getting into the nuts and bolts of how he manages money at DoubleLine Capital. To begin, Jeffrey talks about his career path [1:27] and then we get into his expectations for the economy, markets, rates, wages, housing and Inflation among other things [6:20], [6:42] and explaining why the inflation picture is much more difficult to distill [13:04]. Jeffrey Sherman points to where investors can think about repositioning s...
2021-10-131h 19
Insight is Capital™ PodcastEp 85 Return Stacking: Strategies for Overcoming a Low Return EnvironmentAdam Butler, CIO and Rodrigo Gordillo, President, of ReSolve Asset Management Global join Pierre Daillie, from AdvisorAnalyst.com for an amazing discussion about ReSolve's latest research paper, "Return Stacking: Strategies for Overcoming a Low-Return Environment." In our discussion we cover the following points on this novel investment concept of portfolio construction:- Stretched valuations in equities and fixed income imply depressed returns and higher potential volatility for traditional portfolios.- Reaching for yield or increasing exposure to pro-cyclical assets may help compensate for low expected returns, but can increase portfolio risk....
2021-10-121h 15
Insight is Capital™ PodcastEp 84 The Future of Advisor Marketing Today with Richard Heft and Andrew BroadheadRichard Heft, President, and Andrew Broadhead, Head of Content, at EXT. Marketing, and co-authors of the bestselling guide, The Ascendant Advisor, join us to talk about how advisors can transform their practice into a competitive business magnet in today's digital world. If you're an advisor, then this conversation is entirely all about how you can change the way your new clients find you, find out about you, and get to know you, so they're familiar with you, well before they meet you. It's also just as much about how you can widen the scope of your existing client relationships...
2021-10-071h 22
Insight is Capital™ Podcast78 Justin Castelli on Personal Brand Building for Advisors & OnrampJustin Castelli, RIA, founder of RLS Wealth Management joins the RYA Crew to talk about his very successful journey in personal brand building as an advisor, that began when he established his own RIA, after being an advisor for 10 years. Justin talks about when and how he decided to use the power of blogs, video and podcasts to create a strong persona that reflected his values, personality and knowledge, and grew the footprint of his Indiana-based firm from local to nationwide.Since then, Castelli has widened the scope of his work to co-developing The AGC Community (Advisor...
2021-09-141h 11
Insight is Capital™ Podcast77 Nicolas Piquard on The Bull Case for Uranium (and Uranium Stocks)Nicolas Piquard, Vice President, and Portfolio Manager at Horizons ETFs joins us for a thorough and insightful discussion on the bull case for Uranium and Uranium producers. In addition to co-managing the Horizons ETFs lineup of Covered Call ETFs, Nicolas Piquard also manages the Horizons Global Uranium Index ETF (ticker: HURA) which consists of holdings in the world's leading Uranium producers, such as Cameco (Canadian) and Kazetomprom (Kazakhstan-based) as well as positions in the hard commodity itself.Our conversation with Piquard bridges the wide ranging gap in sentiment for Uranium itself over the last decade since the...
2021-09-071h 10
Insight is Capital™ Podcast76 Matt Hougan on What Bitcoin Does to PortfoliosMatt Hougan, CIO, Bitwise Asset Management, joins us for a conversation about how Bitcoin, Ethereum, and other cryptoassets are set to transform the financial marketplace. Hougan's firm was the first-to-market asset management firm to make managed crypto-assets accessible to advisors and other investment professionals, with its Bitwise 10 Crypto Index Fund (BITW) as well as a stable of innovative and disruptive fund and ETF exposures to Bitcoin, DeFi, Ethereum, Uniswap, and Aave.Matt first established himself in his early career as the lead go-to authority on ETFs, as CEO of ETF.com (formerly IndexUniverse.com), where he tirelessly...
2021-08-2552 min
Insight is Capital™ Podcast75 Wade Guenther on An Innovative Approach to Investing in Gold (Raise Your Average)Wade Guenther, Partner, at New York-based Wilshire Phoenix, who spent the better part of his early career at Horizons ETFs Canada and sister U.S.-based company, Global X ETFs, joins us to discuss the real assets markets, commodities, gold, bitcoin, and inflationary pressures that are shaping the macro-landscape. We discuss Wilshire Phoenix's innovative new take on a way investors can strategically invest and diversify into gold, that reduces the normal volatility of participating in the barbarous relic, and enhance long-term returns.Gold is typically viewed by investors as a tactical allocation, something you want to own...
2021-08-1854 min
The Raise Your Average™ PodcastAtul Tiwari on The Case for Investing in Fine Wine as an Alternative Asset ClassAtul Tiwari, CEO, Cult Wines Canada (https://www.linkedin.com/in/atul-tiwari-0a967818/) joins us for a delightful and captivating conversation on the inner workings of the world of investable and collectable fine wine (for starters, think first-growth left-bank Bordeaux's), and of Cult Wines Canada's (his latest foundling) work to bring the world of investable fine wine to the Canadian market. Atul Tiwari is the former founding President of BMO ETFs and former CEO of Vanguard Canada, which grew to $30-billion in assets, before his departure at the end of 2018.Since his departure from from the top...
2021-08-041h 28Insight is Capital™ PodcastEp. 73 Atul Tiwari on The Case for Investing in Fine Wine as an Alternative Asset Class (RYA Edition)Atul Tiwari, CEO, Cult Wines Canada joins us for a delightful and captivating conversation on the inner workings of the world of investable and collectable fine wine (for starters, think first-growth left-bank Bordeaux's), and of Cult Wines Canada's (his latest foundling) work to bring the world of investable fine wine to the Canadian market. Atul Tiwari is the former founding President of BMO ETFs and former CEO of Vanguard Canada, which grew to $30-billion in assets, before his departure at the end of 2018. Since his departure from from the top role at Vanguard Canada, Tiwari went on...
2021-08-041h 28
Insight is Capital™ PodcastEp. 70 Ted Seides, Capital Allocators – Investing Lessons from Decades Interviewing Elite Money ManagersTed Seides, founder of Capital Allocators LLC, host of the Capital Allocators Podcast, and author of his second book, Capital Allocators: How the World's Elite Money Managers Lead and Invest, is our guest on Raise Your Average.Takeaways• Ted Seides reminisces about his old friend and mentor, David Swensen, Endowment Fund Manager and CIO, at the Yale Endowment and Yale University, who, sadly, passed away the week before we recorded this episode.• What he learned from David Swensen during his 5 years at the Yale Endowment Investment Office, and the impact that working with him...
2021-07-071h 14
The Raise Your Average™ PodcastOn Running a Successful Family Office – Arthur Salzer, CIO, Northland Wealth ManagementView on YoutubeListen on Apple PodcastsListen on Google PodcastsOur conversation with Arthur Salzer, CEO, CIO, of Northland Wealth Management, one of Canada's leading wealth management family offices. Arthur Salzer shares his personal history, his early career experiences, and the process and steps he and his firm took under his stewardship which have culminated in Northland Wealth Management's success as a private, independent wealth manager.For those of you in the private wealth management business, our conversation is a valuable walk-through on best practices, the fiduciary mindset, due diligence...
2021-06-231h 19Insight is Capital™ PodcastEp. 68 On Running Canada's Most Successful Family Office – Arthur Salzer, CIO, Northland Wealth ManagementOur conversation with Arthur Salzer, CEO, CIO, of Northland Wealth Management, one of Canada's leading wealth management family offices. Arthur Salzer shares his personal history, his early career experiences, and the process and steps he and his firm took under his stewardship which have culminated in Northland Wealth Management's success as a private, independent wealth manager.For those of you in the private wealth management business, our conversation is a valuable walk-through on best practices, the fiduciary mindset, due diligence, and his independent research on real estate, real assets, private equity, equities, technology, and cryptocurrencies bitcoin and...
2021-06-231h 19
Insight is Capital™ Podcast67 Brief Version – Clients Expect Advisors to Lead Them on Responsible InvestmentOur conversation with three of Desjardins' thought leaders on responsible investing, Deborah Debas, Senior Responsible Investing Specialist at Desjardins, Pasquale Posteraro, Portfolio Manager, Equities, at Desjardins Global Asset Management, and Nicola Fritz, Portfolio Specialist, IMPAX Asset Management.We discuss three fundamental investment dimensions of responsible investing through the ESG lens: Risk, Reward, and Impact. Pasquale Posteraro and Nicola Fritz provide deep dive insight into how the overlay of active portfolio manager and shareholder engagement is having a collaborative impact on identifying environmental, social and governance risks, how interaction between investee companies and investors is leading to progressive...
2021-06-1721 min
Insight is Capital™ Podcast67 Clients Expect Advisors to Lead Them on Responsible InvestmentOur conversation with three thought leaders on responsible investing, Deborah Debas, Senior Responsible Investing Specialist at Desjardins, Pasquale Posteraro, Portfolio Manager, Equities, at Desjardins Global Asset Management, and Nicola Fritz, Portfolio Specialist, IMPAX Asset Management.We discuss three fundamental investment dimensions of responsible investing through the ESG lens: Risk, Reward, and Impact. Pasquale Posteraro and Nicola Fritz provide deep dive insight into how the overlay of active portfolio manager and shareholder engagement is having a collaborative impact on identifying environmental, social and governance risks, how interaction between investee companies and investors is leading to progressive corporate responsibility...
2021-06-1756 min
Insight is Capital™ PodcastEp. 66 Raise Your Average with Mark Noble, Executive VP, Horizons ETFsOur conversation with Mark Noble, Executive Vice President at Horizons ETFs. We get deep into a discussion around the big investment themes, the pros and cons, and the ups and downs of adoption of actively managed thematic ETFs. We talk about the conflicting views on valuations ascribed to technology related themes, both broad and narrow, from the widely held thematics, like innovation to the not-so widely held, like Uranium.We also dive into the conundrum of investors reaching for yield at what is shaping up to be an inopportune time to be doing so. Mark Noble shares...
2021-06-081h 22
Insight is Capital™ PodcastEp. 64 Som Seif, Purpose Investments on the World's First Bitcoin and Ether ETFsSom Seif, CEO, Purpose Investments joins AdvisorAnalyst's Joseph Lamanna, to discuss the Purpose Bitcoin ETF (BTCC: TSX), the world's first bitcoin ETF, and the Purpose Ether ETF (ETHH: TSX), also another world's first. We discuss the challenge of launching these two new exchange-traded cryptocurrency funds, in the context of the inabliilty by a multitude of U.S.-based ETF firms to do so.We get into the differences between investing in cryptocurrencies directly versus via ETF, and Som also shares is thoughts on the tracking of the ETFs against the underlying, as well as institutional versus retail...
2021-06-0317 min
Insight is Capital™ PodcastEp. 63 Raise Your Average with Jason Buck CIO Mutiny FundJason Buck, Chief Investment Officer of Mutiny Fund joins us. Based in California, Mutiny was born out of Jason Buck's quest to find a way to hedge entrepreneurial risk {he was in commercial real estate in 2006-2008). After the GFC, he figured there had to be a way. Around 2010-2012 family began to ask him if there was tail protection available to protect against Taleb's 'Black Swans.' At that time, Buck's response was that unless you had at least $100-million, you were out of luck if you were looking for this kind of solution.This set...
2021-05-211h 22
Insight is Capital™ PodcastEp. 62 Raise Your Average with Lyn Alden, Lyn Alden Investment StrategyLyn Alden of Lyn Alden Investment Strategy is our guest on Raise Your Average. Lyn is one of today's foremost and profound macro-economic strategists and thinkers. She provides tens of thousands of investors per month with her proprietary investment research. Lyn's investing framework primarily involves fundamental equity investing with a global macro overlay, and while her research is meticulous, multi-layered, and inter-connected in it's findings, one of Lyn Alden's gifts is her ability to appeal to a wide range of investors, from beginners all the way up to market intellectuals. Our discussion is wide ranging. Lyn describes...
2021-05-131h 29
Insight is Capital™ PodcastEp. 61 Raise Your Average with Alex Shahidi and Damien Bisserier, Co-CIOs, Evoke AdvisorsOur guests are Alex Shahidi, and Damien Bisserier, both Managing Partners and Co-Chief Investment Officers at Evoke Advisors. Evoke is a $20 billion Registered Investment Advisor based in L.A. They are also well-known as the portfolio managers of the Risk Parity ETF (RPAR:NYSE).This is ordinarily a fairly complicated topic to discuss, however, Alex and Damien have clearly found a very layperson-friendly way to explain how to construct robust and resilient 'all-weather' portfolios that can profit and preserve capital in all economic and market climates.In our conversation, Shahidi and Bisserier outline how they...
2021-04-281h 27
Insight is Capital™ PodcastEp 58 Raise Your Average with Nancy Davis, Quadratic Capital Management LLCOur deep dive conversation into hedging interest rate volatility and inflation, with Nancy Davis, Founder and Managing Director of Greenwich, Connecticut-based Quadratic Capital Management LLC. We discuss markets, interest rates and interest rate volatility, and the risk of inflation making a comeback, from the perspective of IVOL being a strategic portfolio diversifier as well as being opportunistically priced. Davis discusses the asymmetry of being long 'convexity,' a way of investing in interest rate volatility where the potential for return is disproportionately greater than the investment because the risk is mis-priced.We discuss how the Quadratic Interest...
2021-03-181h 16
Insight is Capital™ PodcastEp 57 Raise Your Average with Dave Nadig and Tim Nash – ESG: (What's it to you?)Dave Nadig, CIO, ETF Trends and ETF Database, and Tim Nash, Founder of Good Investing, join co-hosts Pierre Daillie and Mike Philbrick for a deep dive conversation into all things ESG investing. We discuss the landscape of the ESG investing, the hype, the reality, the drivers, the debates, and at the end of this discussion, you will have some answers to the question "What is the point of ESG?"Notes:00:00:40 Welcome/Introductions00:05:22 How can advisors talk about and pass on the knowledge of ESG to their clients?00:09:32 What is the difference...
2021-02-231h 23
Insight is Capital™ PodcastEp 56 Raise Your Average with Meb Faber and Marc Dalpé – The 60/40 Portfolio PuzzleThe first episode of this new show. Meb Faber, founder of L.A.-based Cambria Asset Management and Marc Dalpé, Portfolio Manager at Richardson Wealth chat with Raise Your Average co-hosts Pierre Daillie, Managing Editor, AdvisorAnalyst.com, and Mike Philbrick, President, of ReSolve Asset Management SEZC (Cayman), about the 60/40 portfolio puzzle. With bond yields at 5,000 year lows and the S&P 500 at all time highs, Meb Faber and Marc Dalpé weigh in on where investors can consider re-allocating assets to raise their forward investment returns and investment income, while reducing their risk of loss and behavioural exposure....
2021-02-041h 24The Raise Your Average™ PodcastEp. 1 Meb Faber & Marc Dalpe: The 60/40 Portfolio PuzzleWe're excited to bring you a new show, Raise Your Average, where we'll bring today's investment luminaries and leading advisors together to debate and discuss today's most relevant market topics in roundtable panels.In the first episode of this new show, Meb Faber, founder of L.A.-based Cambria Investment Management, and Marc Dalpé, Portfolio Manager at Richardson Wealth chat with Raise Your Average co-hosts Pierre Daillie, Managing Editor, AdvisorAnalyst.com, and Mike Philbrick, President, of ReSolve Asset Management SEZC, for a deep-dive exploration around the subject of how to solve The 60/40 Portfolio Puzzle.For d...
2021-02-031h 24
Insight is Capital™ PodcastEp 55 The Genomics Revolution - Lisa Lake Langley and Ali UrmanBehind the scenes of the search for a COVID vaccine, there's so much more than this going on, and the search for a COVID vaccine has both highlighted, but also completely overshadowed what was happening in healthcare before COVID exploded into our lives. Behind the scenes there's a massive wave of disruption and technological advancement that is driving huge growth potential for companies in the genomics and biotech space. It is a revolution one that will change our lives immeasurably, the Genomics Revolution. What I'm talking about is companies that are on the verge of major medical...
2020-12-151h 15
Insight is Capital™ PodcastDavid Picton: Is the 60/40 Portfolio Dead?David Picton, President and Portfolio Manager, Picton Mahoney Asset Management, joined us at the CETFA Mindpath ETF Conference. The lifespan and sustainability of the 60/40 portfolio has been a subject great debate as both equity and bond markets ascend the late end of this market cycle. Investors are facing high equity valuations, low dividend yields, and low bond yields. Risk is rising, while expectations of future returns from both equities and bonds get cut. In this enlightening conversation, David Picton shares his thoughts on the 60/40 portfolio, as well shedding light on what advisors and investors can...
2020-01-2710 minInsight is Capital™ PodcastDaniel Straus: Canadians Lead the World in ETF InnovationDaniel Straus, Vice President, Head of ETF Research and Strategy, at National Bank Financial, joined us for an insightful conversation about the the trends that are shaping the retail investment advice landscape in Canada. Canada, birthplace of the first ETF (turning 30 in 2020), is also now the world leader in development and adoption of actively managed ETFs. We talk about the fundamental reason and differences that have enabled the Canadian market to foster financial innovation. It's revealing for the future of the financial industry that Canadian investors are gravitating toward actively managed equity and bond ETFs...
2019-12-1114 minInsight is Capital™ PodcastDavid Rosenberg: In depth on Canada, U.S., and Global Economy and MarketsRecorded May 28, 2018 - Our in-depth conversation with David Rosenberg, Chief Economist, at Gluskin Sheff on Canada, the U.S., and the Global Economy, and what to do with assets given the current economic and market environment we are entering.AA: Hello and thank you for listening to the Insight is Capital podcast™. This is Pierre Daillie, Managing Editor of the AdvisorAnalyst.com and today we are very pleased to welcome David Rosenberg, Chief Economist with Gluskin Sheff + Associates and author of the daily economic newsletter “Breakfast with Dave.” David, thank you very much for joining us tod...
2018-05-3024 min