Current Inflation Rates and P/E Multiples Appear Out of Sync with History
Kim Shannon discusses historical inflation and P/E multiples compared to those we are seeing today.
published August 2022
posted in Soundbites
published August 2022
posted in operations
Liujian Tang
Liujian joined Sionna in 2022 and is an Associate, Portfolio Operations and Junior Trader. He first joined the industry in 2017, and prior to joining Sionna was an Analyst at TD Asset Management. Liujian earned his Master’s degree in Finance from McMaster University, holds the Certified Financial Risk Manager (FRM®) designation and is a CFA® charterholder.
published July 2022
posted in Insights
Regime Change
Recent actions in the global financial and economic landscape suggest that a regime change may be upon us. Today’s change centers around inflation and interest rates but could also be extended to wider issues such as deglobalization and decarbonization. The focus of this piece will be on regime change as it pertains to financial markets.
published July 2022
posted in Video
The TSX Should Outperform U.S. and Global Markets (BNN Bloomberg)
Kim Shannon, CFA, MBA
Founder and Co-Chief Investment Officer
published June 2022
posted in Soundbites
ESG 1.0 Evolving to ESG 2.0?
Portfolio Manager, Aleksy Wojcik, discusses how the recent events surrounding the Russia/Ukraine conflict may be shifting the mindsets of global policy makers from an idealistic approach (ESG 1.0) to a realistic approach (ESG 2.0) that will better serve the global community.
published May 2022
posted in Video
Sionna’s Non-Domestic Strategies (Sionna’s 2022 Market Review)
Stephen Jenkins, CFA
Co-CIO
published May 2022
posted in Video
Value Opportunity has Risen in Canadian Banks (BNN Bloomberg)
Kim Shannon, CFA, MBA
Founder and Co-Chief Investment Officer
published April 2022
posted in Insights
When is Enough Enough?
When there is an unusual amount of uncertainty and nervousness in the market, there is a tendency to reach for more – more data, more analysis, more answers. But having more is neither efficient nor effective. Time is a finite resource. And more information does not necessarily equate to better decisions. We cannot model every scenario, let alone every risk. One must determine the most relevant and important information, manage the most detrimental risks, and move forward cautiously.
published March 2022
More Than a ‘Flash in the Pan’? The TSX is on a Roll for Now (Financial Post)
Kim Shannon discusses why she believes the pendulum is swinging to value stocks from growth stocks and why it won't be a short-lived trend.
published March 2022
posted in Soundbites
Company Spotlight: ARC Resources
Portfolio Manager, Aleksy Wojcik, provides an update on one of Sionna's holdings, ARC Resources, and why we believe it is an attractive opportunity for value investors.