iA CONNECTED

“Even though equities are rallying on the Fed pivot, earnings estimates for next year will continue to be revised downward as the economy goes into recession in the coming months, with some sector valuations already reflecting this scenario.” — J-P Chevalier & Marc Gagnon 

“We also see opportunities in energy, infrastructure and utilities, because many stocks have corrected significantly owing to higher interest rates.” — Donny Moss

“We continue to think structural growth stocks will be favoured because of stabilizing long-term interest rates and a prolonged period of low to negative GDP growth.” — Jean-Pierre Chevalier

iA Investment Management (iAIM) has announced a portfolio advisory change for the Asian Pacific (Dynamic) Fund, which will now be named Asian Pacific (iAIM).

Danesh Rohinton has joined iAIM as Vice-President, Portfolio Manager, Global Dividend. He will lead the Dividend team.

“We continue to see a disconnection between mega caps and below $100 billion and mid cap innovators.” — Jean-Pierre Chevalier

“While earnings estimates have started to fall, we feel estimates for 2023 still need to fall significantly from current levels, a process that may serve to limit equity returns for the next few quarters.” — Donny Moss

“We think structural growth stocks will be favoured as a result of stabilizing long-term interest rates, with very low to negative GDP growth persisting for some time.” — J-P Chevalier & Marc Gagnon 

“We expect volatility to stay escalated as the market digests those concerns but believe 10-years in the US will remain around 4% to 4.25%, with 4.5% seeming a good entry point to extend duration.” — Alexandre Morin

“The best risk-adjusted opportunity within my investable universe for 2023 will be in high yield bonds.” — Dan Bastasic