Skip to Main Content
  • CIBC.com
  • CIBC Private Wealth
  • CIBC Websites
Client Login
  • Home
  • Family Office Services
  • Who We Are
    • Our Philosophy
    • Our Difference
    • Our Team
    • Our Beginnings
    • Testimonials
  • Our Clients
  • Expand Hope®
    • Social Mission
    • Wealth for Good™
    • Global Impact Trips
  • Media & Resources
    • Media
    • Resources
    • Client Care Award
  • Contact Us
  • CIBC.com
  • CIBC Private Wealth
  • CIBC Websites
  • Client Login
 CIBC Private Wealth Management, CIBC Wood Gundy
 The Schmidt Investment Group
 CIBC Private Wealth Management, CIBC Wood Gundy
 The Schmidt Investment Group
  • Home
  • Family Office Services
  • Who We Are
    • Our Philosophy
    • Our Difference
    • Our Team
    • Our Beginnings
    • Testimonials
  • Our Clients
  • Expand Hope®
    • Social Mission
    • Wealth for Good™
    • Global Impact Trips
  • Media & Resources
    • Media
    • Resources
    • Client Care Award
  • Contact Us

Media

Article

June 12, 2024

Facebook
LinkedIn
Twitter
stop watch

“We believe this investment philosophy serves clients best” | Canadian Family Offices x The Schmidt Investment Group

Navigating Economic Uncertainty: Insights from Marvin J. Schmidt

In today's climate of economic uncertainty, strategic navigation and risk management have become paramount for investors. In the recent article for Canadian Family Offices, "Five Executives at Family Offices: Where They’re Putting Money Now," our Founder Marvin J. Schmidt shares his perspective on maintaining a resilient investment strategy.


Diversification for Stability
Despite the challenges posed by high interest rates, inflation, and general economic uncertainties, maintaining a well-diversified portfolio remains crucial. At The Schmidt Investment Group, we emphasize investing across multiple asset classes, including public equities, bonds, private equity, absolute strategies, and real estate. This diversified approach aims to deliver market returns while minimizing downside risk, providing our clients with a smoother investment experience.


Capitalizing on Private Equity
Private equity continues to be a cornerstone of our investment strategy, given its potential to generate above-market returns. We have been overweight in this asset class, and where appropriate, it remains an important component of client portfolios.


Strategic Currency Management
Investing outside of Canada requires careful consideration of currency impacts. With the weaker Canadian dollar, we are comfortable increasing investments on the Canadian side while managing currency risks when investing internationally. We anticipate the Canadian dollar to strengthen over the next several years and are positioning client portfolios accordingly.


Fixed Income and Market Outlook
In terms of fixed income, we believe short-term rates have peaked and expect a cycle of declining rates for the remainder of 2024 and into 2025. This outlook provides opportunities for strategic investments in fixed income that can enhance client returns.


Adapting to Market Conditions
While there is always some level of uncertainty, we believe the current macroeconomic environment does not differ substantially from other periods of market fluctuation. We expect stock markets to perform strongly in 2024, despite anticipated market volatility in the latter half of the year. By incorporating uncorrelated or low-correlated assets, we aim to provide our clients with a stable and resilient investment experience.


Looking Ahead
Interest rate relief is in sight for consumers, which should strengthen businesses and provide a more confident outlook for the future. At The Schmidt Investment Group, we remain focused on delivering strategic, diversified investment solutions to navigate these uncertain times.
 

For more detailed insights and strategies, read the full article here.

Related posts

Marvin J. Schmidt

November 22, 2022

Toronto skyline

The Schmidt Investment Group Proudly Presents Hazelview Investments

On Tuesday, November 22, we hosted Hazelview Investment's Managing Partner and CEO Ugo Bizzarri, and Managing Partner & Head of Global Securities Corrado Russo, as they discussed the local Real Estate...

Learn more

Article

December 03, 2021

Top concerns of family office clients: wealth disclosure to children

Hear from Marvin Schmidt on some of the best practices to facilitate family discussions that prepare children for the unique complexities family wealth presents. “A family wealth discussion means dif...

Learn more
 
 
 Canadian Investment Regulatory Organization  Canadian Investor Protection Fund

CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.