The Invested

What happens when the promise of limitless growth meets the reality of finite resources? Rajan Bansi is joined by Greg Payne, Managing Director, Portfolio Manager and Co-Head of Mackenzie’s Resources and Energy Evolution Team, to explore how resource scarcity shapes the way we think about investing. Together, Rajan and Greg unpack the growing demands of AI on energy infrastructure, the competing p...

What role does value investing play in building resilient portfolios? Rajan Bansi is joined by Brad Kinkelaar , Senior Managing Director and Portfolio Manager at Barrow Hanley Global Investors, to explore why value investing is attracting renewed attention, how it complements growth exposure and where opportunities are emerging across global markets.   Together, Rajan and Brad unpack Barrow Hanley...

The Bank of Canada raised rates in October while the Federal Reserve held steady, but the decisions tell different stories about the outlook for inflation and interest rates. Dustin Reid explains why Canada's revised inflation forecast is changing expectations for future rate hikes, how energy prices and economic growth are influencing bond yields, and what these developments mean for fixed income...

Where does gold fit in a portfolio? Rajan Bansi joins guest host Prerna Mathews to unpack why gold is back in focus, its role as a monetary asset and portfolio diversifier, and the trade-offs advisors face when adding it to an already invested portfolio. Then, Prerna and Rajan explore how MGEG combines global equity exposure with a systematic gold futures overlay. They also discuss how gold differ...

The Federal Reserve raised rates in September, but monetary policy is only part of the bond market story. Dustin Reid explains what the Fed’s latest outlook signals for rates, why corporate bond issuance, energy and inflation are pushing global yields higher, and the key market drivers’ advisors should be watching in client conversations now.

The Bank of Canada held rates in September, but its tone changed. Dustin Reid explains why rate cuts may be less likely now than previously expected, what’s driving global bond yields higher, and the key market signals advisors should be watching with clients now.

Rajan Bansi sits down with Richard Pan, Chief Investment Officer of China AMC — Mackenzie's strategic partner in China — to explore why global investors are increasingly turning to Chinese equities. Richard shares his framework for China's AI capabilities, the country's renewable energy advantage, and why Western investors may be significantly underweight a market that represents 17% of global GDP...

Dustin Reid , Chief Fixed Income Strategist, sits down with Lesley Marks , Chief Investment Officer of Equities, to explore Mackenzie’s outlook for the second half of 2026. They discuss earnings expectations in Canada and the U.S., the evolving value-versus-growth dynamic, AI and hyperscale valuations, and the impact of a more hawkish Fed. Lesley shares where disciplined diversification may uncove...

The U.S. Federal Reserve held interest rates steady yesterday at its July meeting, raising questions about its approach to persistent inflation. In this episode of Market Exchange, Dustin Reid examines the market reaction, rising long-term Treasury yields and the key signals to watch ahead of the Fed’s September meeting.

Bank of Canada Holds: Inflation, Oil and the Rate Outlook Dustin Reid examines the Bank of Canada’s July rate decision, shifting expectations for Canadian interest rates and the economic risks tied to slowing population growth. He also explores how rising oil prices, geopolitical tensions and weaker U.S. inflation data are creating a complicated outlook for central banks and fixed-income markets....

David Ross, Global Head of Private Credit at Northleaf Capital Partners, joins host Rajan Bansi to break down one of the fastest-growing corners of the investment world. David explains what private credit is, why it took off after the 2008 financial crisis, and how institutional investors — not banks — have become the go-to lenders for many of today's top private companies. He also shares where No...

In this episode, Dustin Reid , Chief Fixed Income Strategist, breaks down the recent FOMC meeting — the first led by new Federal Reserve Chair Kevin Warsh. Dustin explains why the Fed's hawkish message caught markets off guard, including growing support for rate hikes and a renewed focus on inflation. He also explores how investors reacted across bonds, equities, currencies and credit markets, and...

Dustin Reid discusses the Bank of Canada's rate hold, the outlook for markets and inflation, and why he believes Canadian rate cuts remain possible later this year.

Richard Wong , lead portfolio manager and head of Mackenzie's Cundill boutique, joins host Rajan Bansi to discuss why value has quietly outperformed growth in 2026, and why that trend has staying power.  

Corporate earnings and stock performance are not moving uniformly — and the divide is worth understanding. Lesley Marks, CIO at Mackenzie Investments, joins host Rajan Bansi to walk through why AI infrastructure companies have had a markedly different experience than sectors like airlines and traditional software, and what it may mean that bond markets appear to be pricing in a different outlook t...

In this episode, Dustin Reid breaks down the latest Fed and Bank of Canada decisions and what’s driving markets right now. He explores how higher energy prices are feeding into inflation expectations, pushing yields higher and complicating the rate outlook. You’ll hear what’s behind the move in oil and how shifting inflation signals are influencing central bank decisions. Listen now for clear, pra...

In this episode,  Rajan Bansi  speaks with  Katherine Owen  about why full defence is not the only response to volatility. They unpack market rotations, the return of AI momentum and the role of resilient holdings. You’ll hear conversation-ready context for clients weighing nerves against long-term allocation discipline.  This episode was recorded on April 27, 2026. 

Rajan Bansi  speaks with  Cory Martin , CEO and Portfolio Manager at Barrow Hanley Global Investors, to unpack why value looks compelling through a global lens. They explore how concentrated markets and wider valuation gaps have changed the conversation, why non-US markets often offer active managers more room to deliver returns and what sets Barrow Hanley’s traditional value approach apart.  This...

Rajan Bansi  sits down with  John Cook  to unpack how energy security is pushing countries to rethink infrastructure and long-term strategy. With electricity demand now growing above 4% a year and renewables playing a larger role, they also examine why natural gas remains essential as power grids evolve. Tune in to learn more about opportunities in the energy transition.    This episode was record...

Rajan Bansi  sits down with  Tim Johal to cut through the geopolitical noise and discuss why Canada deserves a closer look from investors. From offering cheaper valuations than the US, to featuring a market tilted to energy and materials, you'll hear why the old labels no longer tell the full story. Listen to a timely Canada-focused lens to support your next conversations.  This episode was record...

Dustin Reid  explains how a market shock can move from geopolitical tension abroad to tougher choices at home. He explores what higher energy prices could mean for portfolios, central-bank decisions and the households that often feel the pressure first. Listen for practical insight into how geopolitical risk can ripple through markets and into daily life.  This episode was recorded on March 19, 20...

Prolonged conflict can leave a lasting mark on how markets assess energy risk. Host  Rajan Bansi  sits down with  Benoit Gervais,  head of the Mackenzie Resource Team, to explore how geopolitical instability can accelerate energy sovereignty, reshape supply chains and reinforce the need for infrastructure and domestic capacity. Listen for expert insights into the forces that can outlast the initia...

Host  Rajan Bansi  sits down with  Arup Datta, Head of Mackenzie’s Global Quantitative Equity Team, to demystify modern quantitative investing, and why its edge is built for real world portfolios. They unpack how transparency, governance, and human oversight turn data into repeatable global stock selection across international developed and emerging markets, and what it takes to stay disciplined w...

Host  Rajan Bansi  sits down with  Prerna Mathews  to unpack the 2026 ETF Outlook and the shifts shaping portfolio construction: why active ETFs are gaining momentum, how systematic building blocks are moving into the core, and where alternatives in ETF form may fit. Listen now to sharpen your next client conversation.  For more insights and perspectives, download our  2026 ETF Outlook .  This epi...

Why is Mackenzie’s fixed-income team more dovish than the market on Bank of Canada cuts? Host  Rajan Bansi  sits down with  Konstantin Boehmer  to unpack Canada’s setup, Fed independence, and what rate paths could mean for portfolios through 2026. Tune in for client-ready talking points, and a practical way to frame diverging central banks in global portfolios.  This episode was recorded on Februa...