David Wolf and David Tulk
Asset allocation quarterly – from a Canadian perspective
New Year, Same Playbook
First Quarter 2021
The distribution of COVID-19 vaccines and stimulus provided by governments and central banks has many focusing on brighter days ahead. In their latest paper, David Wolf, David Tulk and Ilan Kolet outline their views of the recovery ahead and how they are positioning their asset allocation funds for Canadian investors.
Debt is fine until it isn’t
Fourth Quarter 2020
Rising debt seems to be keeping both markets and economies going, especially in today’s COVID-impaired world. In their latest paper, David Tulk and David Wolf explain how their active asset allocation strategies are addressing the short and long-term consequences of today’s debt-driven markets.
Diversification amid the disconnect
Third Quarter 2020
David Tulk and David Wolf emphasize the importance of portfolio diversification that appropriately manages risk while maximizing performance.
“Hit ‘em where they ain’t”
First Quarter 2020
David Wolf and David Tulk discuss the risks of allocating assets based on consensus expectations and the value of investing in markets where others are not.
How going global can help Canadian investors
Fourth Quarter 2019
David Wolf and David Tulk tackle a frequently asked question: How should Canadian investor portfolios be split between foreign and domestic assets? They discuss the notion of ‘home bias’ and the diverse factors that determine the appropriate asset split for Canadian investors.
Respecting the unknowable
Third Quarter 2019
David Wolf and David Tulk describe the unusual uncertainty of the global economy because of trade tensions and lower interest rates. They discuss how these factors are impacting their current active asset allocation positioning.
Reacting to the reaction function
Second Quarter 2019
David Wolf and David Tulk discuss the Q1 rebound, which was led by the U.S. Federal Reserve’s dovish pivot. They discuss what this may mean for markets and for them as asset allocators.