Insight is Capital™ Podcast

Dave Nadig, CIO, ETF Trends and ETF Database, and Tim Nash, Founder of Good Investing, join co-hosts Pierre Daillie and Mike Philbrick for a deep dive conversation into all things ESG investing. We discuss the landscape of the ESG investing, the hype, the reality, the drivers, the debates, and at the end of this discussion, you will have some answers to the question "What is the point of ESG?"Notes:00:00:40 Welcome/Introductions00:05:22 How can advisors talk about and pass on the knowledge of ESG to their clients?00:09:32 What is the difference between Values-based vs. ESG vs. Impact investing?00:18:19 What do investors need to understand about what to expect from ESG?00:21:13 How are retail investors leading the ESG discussion?00:25:54 What are the hot points?00:29:11 How are large asset managers using their voting power to effect ESG change?00:31:15 What insights can you share about how ESG is shaping ethics and governance in markets?00:33:17 How do the advisor and investor empower themselves to get the most from ESG?00:39:08 What's in it for clients and advisors? How much of ESG is being driven by investors?00:47:10 How do you balance between ESG and other thematic trends without being in conflict?00:49:42 How does ESG benefit investors in terms of risk management?00:52:13 How much of it is doing good vs. sounding good? Greenwashing?00:58:43 The meaning of 'sustainable'01:03:33 Busting the myth that ESG is fluffTim Nash on Linkedin - https://www.linkedin.com/in/timothyjacknash/GoodInvesting.com on Youtube - https://www.youtube.com/c/GoodInvestingGoodInvesting.com - https://www.goodinvesting.com/Dave Nadig on Linkedin - https://www.linkedin.com/in/dave-nadig-9461/ETF Database - https://etfdb.com/ETF Trends - https://www.etftrends.com/Mike Philbrick, CEO, Resolve Asset Management SEZC - https://www.linkedin.com/in/michaelphilbrick/ReSolve Asset Management - https://investresolve.comPierre Daillie, AdvisorAnalyst.com - https://www.linkedin.com/in/pierre-daillie-advisoranalyst/

The first episode of this new show. Meb Faber, founder of L.A.-based Cambria Asset Management and Marc Dalpé, Portfolio Manager at Richardson Wealth chat with Raise Your Average co-hosts Pierre Daillie, Managing Editor, AdvisorAnalyst.com, and Mike Philbrick, President, of ReSolve Asset Management SEZC (Cayman), about the 60/40 portfolio puzzle. With bond yields at 5,000 year lows and the S&P 500 at all time highs, Meb Faber and Marc Dalpé weigh in on where investors can consider re-allocating assets to raise their forward investment returns and investment income, while reducing their risk of loss and behavioural exposure.Meb Faber, Cambria Asset Management - https://www.cambriainvestments.com/​The Meb Faber Show - https://mebfaber.com/podcast/​Meb Faber Research - https://mebfaber.com/​Marc Dalpé, Richardson Wealth - https://web.richardsonwealth.com//dalpe.milette/marc-dalpe?lang=en_USMichael Philbrick, ReSolve Asset Management SEZC - https://www.investresolve.com​ReSolve Asset Management Podcast - https://investresolve.com/podcasts/​ReSolve Asset Management Blog - https://investresolve.com/blog/

Our wide ranging conversation with Som Seif, CEO, Purpose Investments and Greg Taylor, CIO, Purpose Investments. We begin by revisiting those intense moments in the days leading to the March 2020 bottom following this year's COVID-19 lockdown. Seif and Taylor open up about what they were thinking, and what their frame of mind was, in what was a critical time for all. Taylor shares his view that 'passive' investors running for the exits put outsized pressure on the entire market structure. We talk about some of the behaviours and events that shaped markets during the summer, what's concerning, and what's looking both bearish and bullish for the period ahead.Full Transcript  #ETFs, #Alts, #stocks, #bonds, #purpose, #outlook, #markets, #investing, #risk, #economy, #Canada, #policy

Our conversation with Srikanth Iyer, Managing Director, Head of I3 (i-Cubed) Investments, at Guardian Capital. From their head start in 2010 to today, Iyer explains why factor investing has not been working well, and boils down and shares 10 years of his group's discoveries, insights, and innovation that have come from their two main investment management projects - 1) asset preservation through dividend growth, and 2) asset growth through earnings growth.

Candice Bangsund, Vice-President, Portfolio Manager of Global Asset Allocation at Fiera Capital joins us for a wide ranging discussion about both fixed income and equity markets, the nature of global monetary policy and central bank stimulus. We talk about where the opportunity set is for investors. Valuations are high in both equity and fixed income markets, and investment income is at an historic low. We talk about where investors can rebalance their portfolios for both higher income, as well as equity growth for the period ahead. Full transcript

Our wide-ranging conversations with Brian Wesbury, Chief Market Economist, at First Trust Portfolios, where we discuss the state of the U.S. economy, the consequences of the COVID-19 lockdown, what empirical data says about the true state of affairs. Recently, Wesbury has been quoted as saying "The recession is over," and we discuss what he meant by that. Show notes: • What is your background? • What are some of your most remarkable findings during this pandemic period? • There's never been a full-on shutdown of the economy. • "The recession is over." What did you mean when you said it? • What weekly and monthly high frequency data are revealing • "The virus has a virus." • We have borrowed against our children and grandkids to do this - one day we'll look back on this and realize... • Quantitative Easing and the COVID rescue are happening concurrently (in case you haven't given it much thought since the lockdown) • The COVID related economic rescue is likely to be inflationary • How can the economy be so bad, and stocks so good? • This year's earnings won't be as bad as originally forecast at the beginning of the lockdown. • The true consequences of the lockdown are not yet known. • Continue to be bullish on broad equities and commodities - gold is expensive relative to historical norms versus other commodities, e.g. gold/oil ratio. 45x vs. 16x gold per barrel. • The worst thing that could happen this year? • We are resilient. We will get through this. • There's a lot of skepticism and confusion surrounding the need for the lockdown • Collection of Data about COVID-19 cases and deaths are not uniform and subject to a lot of error. • What have you been reading in your spare time?

Our conversation with Hans Albrecht and Nicolas Piquard, portfolio managers at Horizons ETFs.In this wide ranging discussion, we discuss markets and market conditions, investor economics, (low) bond yields and (low and threatened) dividend yields. We go in-depth on the misunderstood opportunity of covered call writing as an overlay equity investing strategy, that is available via covered call ETFs, that produce a sustainable, tax efficient, high monthly income for every-day investors seeking yield, in addition to equity returns.Transcript

Our conversation with Steve Hawkins, President and CEO, Horizons ETFs, we discuss markets, trends, and why cash balances shouldn't be a drag on investing, which led his firm to launch two new cash management ETFs. HSAV, launched earlier this year, and HSUV.U, launched more recently, solve some of the perennial problems of cash balances, earning nearly zero-interest, which are a drag on returns and revenue, sitting in investment accounts. Transcript

Risk Parity is the answer: What was the question?Adam and Pierre focus their discussion on diversification as a combination of "diversity" and "balance". Diversity is about holding investments that are designed to thrive in very different market environments, and for different reasons. Balance has the objective of ensuring that investments are all able to express their unique personalities. Risk parity is the ultimate expression of diversification. Sadly, many investors are misguided about the concept, and focus on the wrong things. We drill to the heart of the idea and illuminate why a risk parity portfolio should be the starting place for most investors.For those of you who don't know it, Adam Butler and his partners, Mike Philbrick and Rodrigo Gordillo are among North America's small community of rising authorities on on the subject of quantitative investing, risk parity, and adaptive asset allocation.

Brooke Thackray is an expert on seasonal investing, a research analyst for Horizons ETFs, and sub-advisor of the Horizons Seasonal Rotation ETF (Ticker: HAC). He is also the author of 9 books and guides on the subject. Full transcript