MacNicol’s The Alternative Asset Trust Quarterly Commentary- April 2022 The MacNicol Alternative Asset Trust is a multi-strategy, alternative investment platform designed to generate returns that are positive and uncorrelated with public stock or bond markets. The Trust, through its underlying limited partnerships invests in real estate, private equity, and hedge funds. In total the Alternative [...]
August 4, 2022 Daily Market Commentary Canadian Headlines Sun Life Financial Inc.’s second-quarter earnings were boosted by the growth of its Canadian business. Underlying net income in Canada rose 19% to C$344 million ($268 million), driven by higher new-business gains, favorable credit, investments and lower claims volume, according to a statement Wednesday. The Toronto-based company’s asset-management unit [...]
MacNicol’s Monthly Commentary - August 2022 With this commentary, we plan to communicate with you every month about our thoughts on the markets, some snapshots of metrics, a section on behavioural investing and finally an update on MacNicol & Associates Asset Management (MAAM). We hope you enjoy this information, and it allows you to better [...]
August 3, 2022 Daily Market Commentary Canadian Headlines Semiconductor maker Semtech Corp. is acquiring Sierra Wireless Inc. in all-cash transaction valuing the Canadian company at $1.2 billion including debt. Semtech said in a statement Tuesday that it’s paying $31 a share for Sierra Wireless, a premium of about 25% to Friday’s closing price before Bloomberg News reported the merger talks. The [...]
August 2, 2022 Daily Market Commentary Canadian Headlines Toronto-Dominion Bank agreed to buy US brokerage Cowen Inc.for $1.3 billion in cash, bulking up its presence in American capital markets just months after striking a historic deal to expand its retail operations in the country. Toronto-Dominion agreed to pay $39 a share, according to a statement Tuesday. The acquisition [...]
July 29, 2022 Daily Market Commentary Canadian Headlines A lingering trade dispute between the US and Canada is expected to keep tariffs on softwood lumber in place, adding to soaring inflation costs. The US is expected to  lower duty rates on Canadian softwood lumber in a ruling next week, but not get rid of them, said Susan Yurkovich, [...]
Click here: The Weekly Beacon - July 29 2022 We will be giving some macroeconomic market updates on a weekly basis. No recommendations will be given in this commentary and we encourage you to contact us today if you have any questions regarding any observations. Feel free to send in your pictures of lighthouses to [...]
MAAM's Internal Research Meeting  S&P 500, Nasdaq 100, TSX 60, Dow Jones, VIX, Bullish vs Bearish, FED Meeting, U.S. 10 Year Treasury, Yield Curve, Natural Gas Prices, December Energy Futures, Cold December Weather, Jerome Powell, Hawkish, Interest Rate Hikes.  Check out more of our videos by clicking here.Â
July 28, 2022 Daily Market Commentary Canadian Headlines In a mining reporting season marked by stickier-than-expected inflation, at least one producer saw the rising costs coming. Agnico Eagle Mines Ltd. took out protection against pricier fuel amid an energy squeeze exacerbated by Russia’s invasion of Ukraine, while hedging its foreign-exchange exposure as central banks in the [...]
July 27, 2022 Daily Market Commentary Canadian Headlines Shopify Inc. slumped in premarket trading after the company kicked off earnings season for e-commerce firms with a second-quarter result that missed analysts’ estimates. The Ottawa-based company fell more than 6% to $29.47 in premarket trading in New York as of 7:13 a.m. Shopify posted a loss of [...]
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