Market Ethos - September 4th, 2018 Published by Richardson Wealth Asset Management on Sep 05, 2018 Style drift & the rise of the generalist Style drift for a portfolio manager still has a negative connotation as it is viewed as deviating from their stated approach. But in a world where factor based funds/ETFs can offer a cheap alternatives to specific... Read more
Market Ethos - August 27th, 2018 Published by Richardson Wealth Asset Management on Aug 28, 2018 Trimming Canada Last week we trimmed Canadian equity from a minor overweight down to market weight. While still constructive, a few cautionary factors caused us to want a more neutral stance. Read more
Market Ethos - August 20th, 2018 Published by Richardson Wealth Asset Management on Aug 20, 2018 Bear Beta The cycle is getting a bit older and for those managing portfolios who may want to start getting more defensive, take a look at Bear Beta. Read more
Market Ethos - August 13th, 2018 Published by Richardson Wealth Asset Management on Aug 13, 2018 The Severity of Disparity Market leadership should intensify late in a bull market and could be a leading indicator that we are moving into a bear. This week we take a deep dive into this topic and give ideas on how to profit and protect in such an environment... Read more
Market Ethos - August 7th, 2018 Published by Richardson Wealth Asset Management on Aug 07, 2018 Too Quiet on the Western Front The markets which are sitting near all-time highs are moving into the two most difficult months and volatility metrics across asset classes are near 5-year lows. In this edition Shane takes a look at the backdrop of this... Read more
Market Ethos - July 30th, 2018 Published by Richardson Wealth Asset Management on Jul 30, 2018 Countering Investor Behavioural Biases In this Ethos we explore a number of prominent behavioural biases common for individual investors, plus tools to help manage or mitigate the impacts on the investment decision making process. Read more
Market Ethos - July 23rd, 2018 Published by Richardson Wealth Asset Management on Jul 23, 2018 Get Shortie In this edition we revisit our view on bond yields / inflation concerns. There is a balancing act on the inflation front at the moment and we believe the market is not pricing in the risk of building inflationary pressures. Once again, keep... Read more
Market Ethos - July 16th, 2018 Published by Richardson Wealth Asset Management on Jul 16, 2018 Value Investors' Long Drought The style of value investing has been underperforming growth for the better part of the past decade. In this Ethos we shed some light on why one style has been dominating for so long plus signs that some (but not all) of... Read more
Market Ethos - July 9th, 2018 Published by Richardson Wealth Asset Management on Jul 09, 2018 Countering Advisor Biases In this week’s Ethos we delve into which behavioral biases most often impact advisors and other financial professionals. Plus some tools to help counter the risks of being misled by these biases. Read more
Market Ethos - July 3rd, 2018 Published by Richardson Wealth Asset Management on Jul 04, 2018 Old, But Not Obsolete In this week’s Ethos we share our base case scenario for the S&P 500 over the next year. Some good, some bad. Read more