Commentary Archives

Insights

At Lysander Funds we strive to inform and educate Canadian investors. In this section you'll find resources that highlight the thinking of our Portfolio Managers.

Canso Market Observer – December 2022

It’s been quite a while since the end of the 3rd Quarter of 2022, and we’ve been watching the markets and waiting for things to settle down. And settle down they did not. That means that…

The End is Near …to the Year

September was an awful month for risk markets as the full realization of the Federal Reserve’s determination to break the back of inflation destroyed investor sentiment. While the price of both oil (WTI down over 11%)…

Lysander-Triasima All Country Equity Fund Third Quarter 2022 Commentary

The economy Elevated inflation is the dominant macroeconomic theme currently. It is the result of former easy monetary policies, a tight labour market and lingering pandemic disruptions to supply chains. Central bankers have become steadfast in…

Canso Corporate Bond Newsletter – October 2022

Are We Clear? Crystal. If less is more, then Jerome Powell nailed it in his August 26th speech to the few souls gathered in Jackson Hole, Wyoming, and the millions more virtually eavesdropping around the world.…

W(h)ither Inflation and Bond Yields – September 2022

Whither inflation and bond yields? Will they wane and wither, as many expect, or will they show underlying strength and stay higher for much longer than the market consensus predicts? Don’t Worry, Be Inflation Unhappy?? Inflation…

2019 Bulls versus 1970s Bears: What Does it Mean for Investors in 2022?

Ian Marthinsen, CFA, Portfolio Manager

No shelter for investors in 2022 2022 has been a challenging year for investors. Not just for high-risk equity investors, but also for low-risk bond investors. As illustrated in Chart 1, year-to-date as of August 31,…