Podcasts from RBC Global Asset Management

This episode, Stu Kedwell, Co-Head of North American Equities, discusses how recent supply chain disruptions are driving up inflation, and how this will affect earnings. Stu also provides a view of the long-term impacts on bond and equity markets should these inflationary pressures persist. (Recorded October 5, 2021) To view the transcript and disclosure for this podcast, please visit https://www....

The shift to contactless, online technologies has transformed the way companies do business, and how consumers pay for the goods and services they provide. This episode, Dominic Wallington, Head of European Equities, RBC Global Asset Management (UK) Limited, discusses the evolving world of digital payment systems, and how innovations in technology will shape the future of transactions going forwar...

Why are Chinese regulators tightening restrictions across many sectors? Are these measures good or bad for markets? Philippe Langham, Senior Portfolio Manager & Head of Emerging Markets Equities, RBC Global Asset Management (UK) Limited, provides an in-depth look at the situation in China, the short- and long-term impacts, as well as the future of its second- largest property developer, Evergr...

This episode, Stu Kedwell, Head of North American Equities, joins Dave to discuss what's been driving recent volatility in markets, from ongoing supply chain angst and central bank tapering, to China’s economic trajectory. Stu also talks about how these factors can impact the valuation of companies.(Recorded September 28, 2021) To view the transcript and disclosure for this podcast, please visit h...

From pipeline plans to profitability – the Canadian energy sector is undergoing a transformation. What do investors need to know? This episode, Scott Lysakowski, Head of Canadian Equities at Phillips, Hager & North Investment Management, discusses the key factors that are reshaping the sector, including the rising demand for ESG integration.(Recorded September 17, 2021) To view the transcript...

In this episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, talks about the current market environment and why we have reduced our allocation to fixed income within portfolios over the summer. Sarah also shares her outlook for equities and why she has maintained a bias toward risk within her portfolios. (Recorded September 15, 2021) To view the transcript...

This episode, Marcello Montanari, Vice President & Senior Portfolio Manager, North American Equities, provides an update on the technology sector. He explains how he is managing the space amidst the shifting growth versus value market narrative, and the ongoing challenges of the pandemic. Marcello also talks about how tech companies have become key infrastructure players, and if he thinks the...

This episode, Chief Economist Eric Lascelles joins Dave for a comprehensive discussion on range of economic themes and developments, including underwhelming U.S job numbers, downgraded growth forecasts, and Canada’s cooling housing market. Eric also shares some early thoughts ahead of the federal election. (Recorded September 8, 2021) To view the transcript and disclosure for this podcast, please...

This episode, Stu Kedwell, Co-Head of North American Equities, reflects on markets as of the end of summer, Delta variant implications, and the Fed’s discussions around tapering. Stu also talks about third-quarter earnings for Canadian banks, and how diversification across their business lines can help boost earnings as the economy reopens. (Recorded September 7, 2021) To view the transcript and d...

As we continue to see growing inflows for ESG investors, it might have been a surprise to many that during the COVID-19 pandemic ESG ratings did not appear to provide the risk mitigation benefits investors had hoped for. We explore the possible reasons behind this and how, despite the ESG ratings, active analysis of intangible assets can provide additional benefits to investors. (Recorded August 1...

This episode, Chief Economist Eric Lascelles, discusses the strong job numbers out of Canada and the U.S., noting significant growth in sectors where pent-up demand has heated up. Eric also provides some early predictions on where we are in the business cycle. (Recorded August 6, 2021) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcas...

This episode, Stu Kedwell, Co-Head of North American Equities, reflects on this quarter’s earnings reports and how the market has reacted to them. Stu also discusses what’s ahead for earnings in the fall, as companies brace for the Delta wave. (Recorded August 3, 2021) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/an-overview-of...

From innovations in virtual reality to artificial intelligence, the industrial landscape is facing a new digital frontier. Dominic Wallington, Senior Portfolio Manager & Head of European Equities, RBC Global Asset Management (UK) Limited, reflects on how these advanced technologies are reshaping the industrial world, and the opportunities in this rapidly evolving space. (Recorded July 28, 2021...

This episode, Scott Lysakowski, Vice President & Senior Portfolio Manager, Head of Canadian Equities, Phillips, Hager & North Investment Management, reflects on an exceptionally strong first half for Canadian markets. Scott also breaks down sector performance, and looks at the lessons of history to help frame the rest of the year. (Recorded July 22, 2021) To view the transcript and disclos...

This episode, Stu Kedwell, Co-Head of North American Equities, discusses some of the main factors behind the one-day market selloff at the start of the week – from delta variant concerns to the bond market drop. Stu also explains how day-to-day ups and downs can be a good opportunity for investors to reassess their asset allocation and risk tolerance as part of the long-term investment experience....

This episode, Chief Economist Eric Lascelles covers the latest macroeconomic trends around the world. Starting with some promising employment data out of Canada and the U.S., Eric also talks about the cooling inflation expectations, and questions whether the delta variant could halt further economic growth. (Recorded July 9, 2021) To view the transcript and disclosure for this podcast, please visi...

The emergence of the delta variant and ongoing inflation concerns has likely dampened earnings expectations for more economically-sensitive companies. On the other hand, secular growth companies that have thrived during the pandemic, may have higher hopes. This episode, Stu Kedwell, Co-Head of North American Equities, shares his key considerations as companies roll out their second quarter earning...

David Riley, Chief Investment Strategist at BlueBay Asset Management, provides an update on reopening progress across Europe and the UK – noting the strong momentum may face new challenges brought on by the Delta variant. David also discusses the outlook for inflation, and the strategies in place to mitigate risk in this environment of above average and still rising inflation. (Recorded June 24, 2...

Achieving balance is good for most things in life. It is also good for your portfolio. In this episode, Dave catches up with Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, to talk about her current outlook and how she has maintained balance across her portfolios so far in 2021. She also highlights how periodic rebalancing can be a powerful strategy that can he...

Rising inflation continues to have an impact on interest rates. With the Federal Reserve possibly raising short-term rates in early 2023, what does this mean for investors? This episode, Stu Kedwell, Co-Head of North American Equities, covers the commentary from the FOMC meeting, and also discusses how the slope of the yield curve can help forecast future interest rate moves and economic activity....

This episode, Stu Kedwell, Co-Head of North American Equities, shares his thoughts on the latest announcements from the Federal Reserve. Stu also talks about the recent move in interest rates, and what it means for investors in the near and long term as the economy recovers. (Recorded June 16, 2021) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/i...

This episode, Laurence Bensafi, Portfolio Manager & Deputy Head of Emerging Markets Equities, RBC Global Asset Management (UK) Limited, provides an update on emerging markets, noting a range of performance across countries and sectors. Laurence also discusses how dividend-paying stocks within the asset class have fared within a rising interest rate environment. (Recorded June 16, 2021) To view...

According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers saw an increase of 0.6 percent in May – fueling further discussions over rising inflation. This episode, Walter Posiewko, Vice President & Senior Portfolio Manager, Global Fixed Income & Currencies, provides his view on the latest data. Walter also notes how changes in consumer behaviour in r...

From ESG considerations to the role of private equity; these are just some of the key topics of discussion between portfolio managers and company management. Stu Kedwell, Co-Head of North American Equities, talks about the importance of engaging with companies to help guide decision-making and meet their near- and long-term objectives. (Recorded June 9, 2021) To view the transcript and disclosure...

This episode, Scott Lysakowski, Vice President & Senior Portfolio Manager, Head of Canadian Equities, Phillips, Hager & North Investment Management, shares his perspective on economic recovery and the price of oil. Scott also highlights the opportunities available to clients currently invested in energy. (Recorded June 9, 2021) To view the transcript and disclosure for this podcast, please...