Five Key Investment Themes to Consider for 2023 (The Globe & Mail)
Sionna's Founder and Co-CIO, Kim Shannon, discusses the Canadian market and why she believes Canada is currently more attractive than the U.S.
published December 2022
posted in Media
published November 2022
posted in Soundbites
Company Spotlight: Canadian Tire
Equity Research Analyst, Stuart Tabor, provides an update on one of Sionna's holdings, Canadian Tire, and why we believe it is an attractive opportunity for value investors.
published November 2022
posted in investment
Joanna Wolff
Joanna is a Portfolio Manager and joined Sionna in 2022. Joanna joined the industry in 2010 and has experience in both domestic and global equity markets, most recently as an Investment Analyst and Investment Counsellor at Manitou Investment Management. Joanna is a contributor to The Analyst publication for the CFA Society Toronto and a guest judge for the Value Investing course at the University of Toronto’s Rotman School of Management. She is also a member of Women in Capital Markets and 100 Women in Finance. Joanna earned her Honours MBA from Queen’s University and Bachelor of Industrial Engineering from the University of Toronto. Joanna is a CFA® charterholder.
published November 2022
posted in Media
Three Hall-of-Fame Investors Share the Lessons They Learned Along the Way (Financial Post)
Last month, three legendary Canadian investors were inducted into the Investing Industry Association of Canada’s Hall of Fame, including Kim Shannon. Kim started her investing career in 1983. A trailblazer on the Canadian investment scene, she went on to found Sionna Investment Managers in 2002 and built it into one of the largest female-led independent investment firms in the country.
published November 2022
posted in Video
2023 Around the Corner – Market Insights Through Lens of a Seasoned Value Manager (9th Annual ETF Conference)
Kim Shannon, CFA, MBA
Founder and Co-Chief Investment Officer
published November 2022
posted in Soundbites
Sionna’s “Triple Threat” Stock Pick for the Capitalize for Kids Event
We likely would all agree that a great stock pick is one that demonstrates above-average expected returns, which compensates for any perceived risk taken. However, in a declining market, investors tend to have more aversion to possible risks than usual. But does that loss-aversion instinct serve investors well? As contrarian value investors, we are trained that opportunities lie “where dragons are” and that buying when fears are rampant, especially because of ephemeral risks, is often where big opportunities can be found.
published October 2022
posted in Insights
Are we there yet?
The year 2022 is shaping up to be one that many investors would like to forget, given the volatility and negative performance of equity and fixed income markets. With the declines witnessed to date, many investors are asking, “Are we there yet?”.
published September 2022
posted in Media
Kim Shannon Says Value Stocks are Finally Getting the Love They Deserve (The Globe & Mail; Report on Business Magazine)
Sionna’s Founder and Co-CIO, Kim Shannon, discusses our conviction in the value style of investing, Sionna's recent outperformance and highlights a few value opportunities in today’s market.
published August 2022
posted in Soundbites
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 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.