Nine Canadian Fund Managers Offer Their Top Picks and Portfolio Advice for 2024 (The Globe & Mail)
Sionna's Founder and Co-CIO, Kim Shannon, discusses the attractive Canadian market and highlights a current holding.
published December 2023
posted in Media
published December 2023
posted in Soundbites
Odds are Value is a Compelling Buy Now
Although there is not a completely reliable/foolproof predictive tool, a study of market history can provide some useful guideposts to steer wary investors. In this Soundbite, we share some historical charts that we believe illustrate how investors have interacted with market fundamentals previously, which appear to offer some rough guideposts in today’s market.
published November 2023
posted in Media
How on Earth do you Allocate Effectively When the U.S. Market has Grown so Large? (The Brandes Center)
Sionna's Founder and Co-CIO, Kim Shannon, participated in a discussion where members of The Brandes Center's Advisory Board shared ideas on what defines a "neutral" country allocation.
published October 2023
Energy Transition Opportunities: North American LNG
By the middle of this decade, we will likely be into the next phase of potentially lower global carbon emissions with the continued replacement of higher emission energy (coal) with lower emission options (natural gas). We will likely see North America solidified as a global cleaner energy exporter and energy independence also may occur within this timeframe. We believe there are plenty of investment opportunities within the energy space that will help the world reach this next phase, but patience is required.
published July 2023
posted in Insights
A New Type of Trap
As value investors, we are often asked (sometimes more often than we would like!) how our investment process avoids the well-known value trap. So, at the 2023 Value Investor Conference held in London, when Ben Inker of GMO spoke about a little-known concept – that of growth traps – he confirmed our long-held suspicion that growth stock disappointments can be bigger threats to investor portfolios than the oft discussed value trap. His analysis piqued our interest.
published June 2023
posted in Media
Value Investing is Back. Here’s How to Profit From the Regime Change (Advisor’s Edge)
Co-CIO and Portfolio Manager, Stephen Jenkins, discusses the recent "regime change" and why he expects value's outperformance to continue.
published May 2023
posted in Video
Macro Value Investing: Navigating this Changing Market Environment (London Value Investor Conference)
Kim Shannon, CFA, MBA
Founder and Co-CIO
published May 2023
posted in Soundbites
Beware of the Market’s Bad Breadth
Sionna's Co-CIO, Stephen Jenkins, discusses the poor market breadth in the U.S. market and what this type of environment has historically meant for investors.
published April 2023
Company Spotlight: Stella-Jones
Portfolio Manager, Aleksy Wojcik, provides an update on one of Sionna's holdings, Stella-Jones, and why we believe it is an attractive opportunity for value investors.