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Roundtable Part 1: Can you still bank on the banks?
May 2010

Always a huge presence in the Canadian equity market, the major banks have been instrumental in the robust recovery from last year's bear-market bottom. Since March 2009 the financial services sector, dominated by the banks, has roughly doubled in value to lead all others. Weighing in on the future prospects for the banks, in today's part one of Morningstar's Canadian equity roundtable, are Kim Shannon president and chief investment officer of Sionna Investment Management Inc.; Martin Hubbes, chief investment officer at AGF Investments Inc.; and Ian Hardacre, vice-president at Invesco Trimark Ltd. They spoke with Morningstar columnist Sonita Horvitch, whose three-part series continues on Wednesday and concludes on Friday.

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Roundtable Part 2: Fueling returns
May 2010

In today's part two of Morningstar's Canadian equity roundtable, the portfolio managers discuss life insurers, energy producers and gold miners. Our three panelists: Kim Shannon, president and chief investment officer of Sionna Investment Management Inc.; Martin Hubbes, chief investment officer at AGF Investments Inc.; and Ian Hardacre, vice-president at Invesco Trimark Ltd.

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Roundtable Part 3: Time for telecom?
May 2010

In today's third and final installment of this week's Canadian equity roundtable, the managers' discussion turned to stocks in the consumer and telecom sectors. Our three panellists: Kim Shannon, president and chief investment officer of Sionna Investment Management Inc.; Martin Hubbes, chief investment officer at AGF Investments Inc.; and Ian Hardacre, vice-president at Invesco Trimark Ltd. They spoke with Morningstar columnist Sonita Horvitch.

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An Independent Mind
Globe Investor Magazine
February 2008

“Kim Shannon has made a career out of being a contrarian: She abandoned a career in science for the vicissitudes of the market, then walked away from CI Financial Income Fund to form an alliance with Brandes Investment Partners.  Shannon now has a bone to pick with the conventional wisdom that says men are better investors than women.  Here, she explains why.”

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Investment Executive Interview
October 2003

“The key theory behind value investing is the theory of reversion to the mean.  Our best guess at any point in time is that a stock will revert to its intrinsic value – or that 70¢ will return to $1.  So we don't ask our stocks to go any place they've never been before.  We just ask them to do what they've tended to do in the past.  And if they do that, then we can provide low-risk returns for our clients.”

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Globe & Mail ROB Article
May 2003

“Everyone’s a value investor today, now that ‘momentum,’ ‘rotation’ and ‘growth’ are tarnished terms.  That’s also a smart strategy, since buying underpriced shares is the only time-tested way of outperforming the market.  But what puts the value in value investing?”

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