
May 2023 Outlook: Deciphering implications
May 11, 2023 | CC&L Investment Management
While the BoC paused rate hikes, other central banks raised them. What could this mean for Canada?
CC&L’s alternative strategies are focused on delivering positive absolute returns with low correlations to the capital markets.
Fundamental core approach: Security selection is based on the fundamental assessment of a security’s characteristics within the disciplined investment framework of the specialist investment team.
Increased opportunity for added returns: The long/short strategies take advantage of “sell” signals by shorting a particular security, thus creating additional opportunities to generate positive risk-adjusted returns.
Diversified source of return: The alpha strategies have no net bias to the underlying market, resulting in low correlations with either the equity or fixed income markets. Different products use different investment processes and invest in different geographic areas, market capitalization stocks or asset classes.
Strict risk control: Rigorous analysis of exposures and impact risks ensures consistency with the investment process as well as adherence to goals and portfolio risk parameters.
Use of leverage: The strategies employ leverage by utilizing derivatives and borrowing securities to facilitate short selling.
Investment Objective
The investment objective is to provide a return between 6% and 8% with a target volatility of 10% per annum over a market cycle and to provide returns that have a low correlation with the equity markets.
Investment Objective
The investment objective is to provide a return between 6% and 10% with a target volatility between 6% and 10% per annum over a market cycle and to provide returns that have a low correlation with the equity markets.
Investment Objective
Generate returns equal to the return of the benchmark, S&P/TSX Composite Index, plus 3.5% per annum over a market cycle.
Maximize long-term total return while prudently managing investment risk relative to the benchmark.
Investment Objective
Generate returns equal to the return of the benchmark, S&P 500 Index (Net 15%) (CAD), plus 2.0% per annum over a market cycle.
Maximize long-term total return while prudently managing investment risk relative to the benchmark.
Investment Objective
Generate returns equal to the return of the benchmark, MSCI ACWI Index (CAD) (net), plus 4% – 5% per annum over a market cycle.
Maximize long-term total return while prudently managing investment risk relative to the benchmark.
Investment Objective
The investment objective is to provide a return between 6% and 8% with a volatility target between 6% and 8% per annum over a market cycle.
Investment Objective
The investment objective is to provide a return between 12% and 15% with a volatility target between 12% and 15% per annum over a market cycle.
Investment Objective
The investment objective is to provide a return between 5% and 7% with a volatility target between 5% and 7% per annum over a market cycle.
Director & Portfolio Manager,
Head of Client Solutions
Tel: +1 (604) 685-2020
Email: [email protected]
Senior Vice President,
Head of Institutional Sales, Canada
Tel: +1 (416) 364-5396
Email: [email protected]
Senior Vice President, Co-Head of
Institutional Sales, USA
Tel: +1 (203) 615-4847
Email: [email protected]
Senior Vice President, Co-Head of
Institutional Sales, USA
Tel: +1 (917) 945-0960
Email: [email protected]
Director of Institutional Sales, Europe
Tel: +44 (0)203 535 8107
Email: [email protected]