Top Toronto fund manager bets on Canadian stocks as U.S. recession looms

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

IG Wealth Management expects Canada to outperform the U.S. for the first time since 2016. Find out more.

The Toronto-based asset manager, which oversees $111.1 billion , upgraded its position on Canadian equities to slight overweight from neutral while lowering the U.S. market to slight underweight from neutral. The move comes as some of Canada’s largest funds adjust their outlooks with markets whipsawing on rising fears of a recession.

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Toronto fund manager bets on Canadian stocks as U.S. recession loomsIG Wealth Management expects Canada to outperform the U.S. for the first time since 2016. Find out more. If the US enters a recession so does Canada. This is just more proof that the national post has become a liberal rag.. More fake news today eh.
Source: nationalpost - 🏆 10. / 80 Read more »

Top Toronto fund manager bets on Canadian stocks as U.S. recession loomsIG Wealth Management expects Canada to outperform the U.S. for the first time since 2016. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »

Top Toronto fund manager sours on U.S. stocks as recession looms - BNN BloombergIG Wealth Management, one of Canada’s biggest asset managers, is cooling on the U.S. stock market while boosting its position on its home country as valuations sink to some of their lowest levels on record.
Source: BNNBloomberg - 🏆 83. / 50 Read more »