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Some of the world’s biggest investors have been sharing their fixed income strategies as they navigate ongoing market volatility.

According to Statistics Canada, the average household's net worth in the second quarter of 2022 was $940,560, down $19,300 from the second quarter of 2021 and $65,400 from the first.

The investment industry’s new single self-regulatory organization (SRO) is due to launch in January, and it is now seeking members for part of its structure.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Big Six banks might snap up HSBC’s Canadian unit; Cash ETFs draw a billion record as risky assets convulse; and as we mark World Mental Health Day on Monday, one advisor is cautioning others to be honest with themselves about how they and they staff are doing.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Fixed income saw strong demand from Canadian exchange-traded fund (ETF) investors in September. 

Hiring and digital transformation are on hold for many Canadian businesses as recession fears grow.

A recent survey from the advisory and accounting firm EisnerAmper revealed that problems with inflation and the recession will continue to affect the alternative investment sector.

Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: ‘Recession is unavoidable’: portfolios should stay the course says an advisor; Tech stock shocks put ETF investors' concentration risk to the test; and expanded fitness-tracking program widens business opportunities for advisor.

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The Investment Funds Institute of Canada (IFIC) has released the findings of its annual Canadian Mutual Fund and Exchange-Traded Fund (ETF) Investor Survey for 2022.

Canada’s defined benefit pension plans remain strong, but their health has suffered a slight dip in the third quarter of 2022.

The continuous interest rate increases and persistent inflation that have defined 2022 have turned from a potential risk to a clear and present danger to Canadians’ personal finances.

Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Advisors must ‘get curious’ about young clients’ different relationship to money; Collaboration brings a digital-first approach of retail trust services to Canadians; and how has Canada’s decades-old gender pension gap changed?

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Two Canadian software engineers working for a newswire company have been charged with insider trading in Canada and the US.

One of Wall Street’s biggest equity bears, says a Federal Reserve pivot to dovishness is becoming likely amid falling money supply, but such a move won’t allay concerns about earnings. 

Those who consider themselves to be experts in investing are more likely to see sustainable investing as the key to driving long-term returns compared to those less knowledgeable. 

Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Advisors help young entrepreneurs launch businesses better than a robo-advisor; Should tech investors be looking beyond near-term market challenges? and what changes should investors expect from the Web3 economy?

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Canada’s national housing agency plans to revamp its forecasts with a potential drop of 15% in home prices by the middle of next year.

MFDA and IIROC members approve single SRO.

Oversold equity market sentiment means that a lot of the bad news is already priced in and there are better times ahead according to Russell Investments. 

More than half of Canadians (54%) say they are now living paycheque to paycheque as the cost-of-living crisis continues to squeeze budgets.

In a recent survey conducted by Equifax Canada, 82% of small business owners said they wanted the government to do more to combat inflation.

Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: PEAK Financial partners with Willful to empower advisors; Fidelity expands its shelf offerings with two new options for investors; and in the first of a new series called Other Life, the CEO of the NEO Exchange launches Bay Street Rides FAR for autism research.

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The likelihood of global recession has increased despite the expectation that inflation will ease in 2023.

Nine in ten Canadians are now reducing their spending including a quarter who are cutting back on retirement savings.

Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Ontario’s title protection framework is an ‘unfulfilled promise’ says an investor advocate; Private equity losses loom for pension plans; and which celeb investors have topped the VC charts?

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Homeowners and real estate investors should be prepared for some challenging conditions in the coming months.

Giving investors better and faster access to key information about funds is the goal of a new proposal from the Canadian Securities Administrators (CSA).

As inflation puts the pinch on Canadians’ purchasing power, new research has revealed an increasing trend of buyers making mindful decisions and making every dollar count.

These stories in full at wealthprofessional.ca and in our newsletters, plus: CI Global Asset Management adds ESG and commodities mandates to offerings; Recession risk turns Goldman, BlackRock off to stocks; Are advisors asking their clients the right questions?

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The worst bond selloff in decades is seeing few signs of ending, Bloomberg data reveals.

Global institutional investors are shifting towards factor-based strategies to navigate the choppy waters of the current market environment.

Purpose Advisor Solutions is partnering with a new wealth firm that is using Nobel Prize winning science to modernize the Canadian wealth management sector. 

One of Canada’s leading insurance and financial services co-operatives has launched a new sustainable investment product for retail investors.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why Canada’s first multi-commodity ETF is ‘far, far overdue’; Mature managers dominate the SMA landscape, snapshot report reveals; and Are fools rushing into the most popular ETFs?

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Global markets are reacting the the UK government's latest tax plans and energy-crisis support - and they aren't happy!

The divergence between Canadian mutual funds and exchange-traded funds (ETFs) escalated in August.

Taxes are taking a larger share of Canadian family income than essential living costs according to a new study.

The global economy will expand just 2.2% in 2023, the OECD said Monday. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Almost two-thirds of Canadians aren’t including mortgage payments in budgets; Lack of transparency likely a dealbreaker for private equity investors; and WP’s 5-Star Wealth Technology Providers 2022 have been revealed.

Lori Pinkowski does not waste any time. Spurred on by enterprising parents and inspired by her Oma, she interned at Canaccord Genuity Wealth Management at 15 and was a licensed advisor at just 22. She has since gone on to establish a hugely successful practice in Vancouver. In this edition of WP Talk, she talks about her ethical approach and why she likes to know everything about her clients down to the names of their pets. 

The comments and opinions expressed in this podcast are the results of work done by Lori Pinkowski. They may differ from the opinion of Canaccord Genuity’s Research, and should not be considered as representative of Canaccord’s beliefs, opinions, or recommendations. All views expressed in this podcast are provided for informational purposes only and do not constitute an offer or solicitation to buy or sell any securities.

CANACCORD GENUITY WEALTH MANAGEMENT IS A DIVISION OF CANACCORD GENUITY CORP., MEMBER OF THE CIPF AND IIROC