April 2015
How do you know if you should invest in a company or if it’s overpriced? Pricing power—the ability to increase prices at least above cost, in real terms—is critical in determining a company’s value, said Marlena Zabielska, an associate portfolio manager with Sionna Investment Managers, at the firm’s spring market review.
April 2015
Oil prices have tumbled recently—a drop of this magnitude hasn’t been seen since 2008/09. Headlines point to both supply and demand concerns, including increases in non-OPEC (Organization of the Petroleum Exporting Countries) supply; Saudi Arabia’s decision to keep producing despite lower prices; and lower short-term demand due to economic weakness in China and Europe.
March 2015
Smart use of capital is an important company attribute that value manager Kim Shannon looks for in building her stock portfolios. "We actually think that the topic of capital allocation is right on the money," says Shannon, president and chief investment officer of Toronto-based Sionna Investment Managers Inc.
December 2014
If you’ve bought any stocks this year, you’ve probably noticed that it’s a bit of an odd time to be an investor. For most of 2014, Canada’s market did well—between January and September our main market index, the S&P/TSX Composite, was up by nearly 15%. But it’s been another story since then.
August 2014
Although developed economies have lost their lustre in recent years, pension investors can still find some gems in undervalued and evolving sectors.
May 2014
Sideways markets deliver below-average returns, and we probably have a few more years to go, said Kim Shannon, president and chief investment officer of Sionna Investment Managers, at the firm’s 2014 financial market review.