Joining us today on the podcast is Institutional Portfolio Manager Naveed Rahman and Portfolio Manager Matt Friedman. They provide an update on the U.S. All Cap fund, and emerging trends in the banking sector. Matt explains to host Pamela Ritchie that second quarter earnings results for banks indicate deposits are up year-over-year. Naveed also emphasizes that the asset management business is poised to benefit from the higher levels of regulatory capital requirements for banks. Naveed adds the U.S. All Cap fund is a value-oriented portfolio, whose primary focus remains in mid-cap stocks. Matt adds they believe that with thoughtful security selection and active management, cheap stocks outperform expensive stocks over the long term.

Recorded on July 25, 2023.

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