The importance of risk management in a late investment cycle
by Alfred Lam, CFA – Senior Vice-President and Chief Investment Officer, Multi-Asset Management
As part of his January commentary, Alfred Lam, Senior Vice-President and Chief Investment Officer, Multi-Asset Management, discusses markets during the financial crisis in 2008-09, which were trading at significant discounts as global economies were suffering a recession. Today, almost nine years later, the U.S. and Canada are thriving with full employment and economic growth. Alfred explains why his team is both constructive and cautious.