INVESTED: September Edition
September’s Invested explores Fed independence, rising bond yields, Canada’s growth potential, and the founder discount, then heads outdoors to consider how nature can make our communities healthier and more resilient.
Insights
Insights
Research-led thought leadership from our investment, research, and data science teams — on markets, quantitative investing, and long-term stewardship.
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INVESTED: August Edition
This August edition of Invested examines forces reshaping markets and daily life, from bond yields and AI-driven borrowing to Canada–U.S. trade tensions, global inflation and El Niño. It also explores nature’s benefits and Newfoundland and Labrador’s thriving technology startup community.
Fighting the Tape: Washington's D-Day with the Bond Market
Washington is fighting to keep long-term yields under control, but war, deficits and the AI boom are pushing back. As the Treasury intervenes and the Fed faces a policy bind, pressure may shift elsewhere, turning the U.S. dollar into the market’s natural release valve.
Commentary
From the Desk of Our CIO
Market commentary and perspective from Chief Investment Officer Scott Smith.
Fighting the Tape: Washington's D-Day with the Bond Market
Washington is fighting to keep long-term yields under control, but war, deficits and the AI boom are pushing back. As the Treasury intervenes and the Fed faces a policy bind, pressure may shift elsewhere, turning the U.S. dollar into the market’s natural release valve.
The Weather Front: How a Super El Niño Is Repricing Agricultural Commodities
CIO Scott Smith explores how geopolitical tensions, fertilizer risks, and a potential super El Niño could reshape agricultural commodities, and why broad, geographically diversified exposure may matter as supply shocks become more frequent.
The Fertilizer Front: How the Iran War Is Repricing the Commodity Complex
Executive Summary Almost a month into the Iran conflict, de-escalations are underway, but none constitute a credible off-ramp. Iran’s leverage is real and Tehran may not yet believe it has extracted sufficient deterrent value to stand down. A ground force operation targeting Kharg Island, which hand
Newsletter
Invested Newsletter
A monthly round-up of what we're reading, researching, and thinking about.
INVESTED: September Edition
September’s Invested explores Fed independence, rising bond yields, Canada’s growth potential, and the founder discount, then heads outdoors to consider how nature can make our communities healthier and more resilient.
INVESTED: August Edition
This August edition of Invested examines forces reshaping markets and daily life, from bond yields and AI-driven borrowing to Canada–U.S. trade tensions, global inflation and El Niño. It also explores nature’s benefits and Newfoundland and Labrador’s thriving technology startup community.
INVESTED: July Edition
July’s issue of Invested explores Canada’s resource potential, shifting commodity and oil markets, nature’s role in well-being, and the global forces reshaping investment, innovation, and long-term decision-making.
Markets
Market Insights
In-depth analysis of market events and macro developments from the Viewpoint team.
Viewpoint Global Multi-Asset Trust and Viewpoint Enhanced Global Multi-Asset Trust Announce Changes in Investment Risk Classification
Viewpoint Investment Partners has updated risk classifications for select series of its Global Multi-Asset Trusts, effective August 19, 2026. The changes reflect the annual risk methodology review and do not result from changes to the Funds’ investment objectives or strategies.
Viewpoint Global Multi-Asset Trust Announces Change in Investment Risk Classification in Series F-USD (VWP 209)
FOR IMMEDIATE RELEASE Calgary, Alberta — August 5, 2025 — Viewpoint Investment Management Corporation, the manager of Viewpoint Global Multi-Asset Trust (the “Fund”), today announced a material change in the Fund’s Series F-USD investment risk classification. Effective August 5, 2025, the Fund’s ris
Are You a Meerkat or an Ostrich?
When it comes to your ETF and mutual fund investments, how much attention do you pay to the Manufacturer Report on Fund Performance (MRFP)? Do you actively seek it out—either by searching online or asking your financial advisor? Do you actually read the entire document? (Glancing at graphics or tabl
Research
Research
Research notes, white papers, and round-ups from our quantitative team.
Unlocking the Potential of Direct Commodities in Real Asset Funds
In the ever-evolving landscape of real asset investments, fund managers seek strategies to enhance portfolio resilience and performance. A compelling opportunity lies in the strategic allocation to direct commodities. This approach offers several advantages that align closely with the objectives of
Risk Parity & Pension Portfolios: A Perfect Match
Geek Level: Read Time: The Speed Read: Growth sleeves within a pension’s asset-liability framework are built with the intention of improving funded status, but depending on the path of different macroeconomic drivers, these portfolios can lead to adverse outcomes due to risk mismatches. Key risks in
Make Sure the Free Lunch Isn’t Moldy
Speed Read: The concept of diversification has a long history and is often considered “the only free lunch” in investing. The benefits of diversification are well studied in academic literature, but in practice, correlations between traditional assets like stocks and bonds can change, affecting the