Key notes from recent meetings with the SIGNATURE TEAM at CI investments:
Hired a couple of new fixed income specialist to cover emerging market as well as mainland China.
Biggest fear in 2015 is LOW LIQUIDITY, deflation and US$ strength.
Unhedged to US$ exposure as they believe CDN$ can fall ANOTHER 10% against the US$ (they see 70 cents as a possibility (you may want to buy some US$ for that trip later this year)
Highly hedged against Euro and Japanese YEN since CND$ will still gain against those currencies
Commodities expected to be weak partially caused by strength in US$ and partially increased supply for 2015 and into 2016
They believe interest rates in the U.S. will rise EVEN if it is only to give them room to lower them in the event other global weakness moves the U.S. towards a recession
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