News

Growth stocks lead the markets

In recent years, growth stocks have largely outperformed the various stock markets around the world. This trend has accelerated sharply since the beginning of the current year.  Download the complete text.


When inflation wakes up

In the following article, Louis Allard, portfolio manager and president at our firm, shares his main concerns about the economy and the financial markets. Read the article (In French only)  LA PRESSE+, MARTIN VALLIÈRES, May 14th 2018.

A volatile first quarter to start the year

In the first quarter of 2018, investors had sharp reactions to the political, monetary and economic headlines. These included election meddling investigations, White House turnover, global interest rate levels, commodity price movements and oil inventories to name a few.  Download the complete text

"Blue chips": 3 stocks that Alexandre Legault likes

In this article from Les Affaires about blue chips, Alexandre Legault talks about 3 stocks he likes.  Click here to read the article (in French only).  Jean Décary, Les Affaires, February 10th, 2018

Against all odds, 2017 was a strong year for stock market returns

In 2017 there were, many significant events, notably: The rise of tensions between North Korea and the United States, the Catalan independence vote, numerous terrorist attacks, strong and numerous tropical storms, earthquakes, the “paradise papers”, etc. Download the complete text 

Resources are setting the pace for the Canadian market

After spectacular returns in 2016, Canadian equity performance stagnated in the first half of 2017, with the S&P TSX Index returning 0.7%, lagging both US and international equity markets. Download the complete text


The benefits of a low capture of market declines

Assessing the performance of portfolio managers is not limited to measuring whether the returns of a strategy have exceeded those of a relevant benchmark. A more in-depth analysis will ensure consistency in the process ... Download the complete text

Allard, Allard & Associés wins an award

As part of the "Finance et Investissement" Top 25 ranking Gala of the Quebec's financial services sector, Allard, Allard & Associes is honoured in the Independent management companies category.  Read the article (in French only)  Finance et Investissement, Richard Cloutier, February 2017

5 tips for young professionals in the investment industry

Invest fully in your career, but take the time to do the right things without looking for shortcuts, advises Louis Allard, president of Allard, Allard & Associes.  Read the article (in French only)  Finance et Investissement, Richard Cloutier, February 2nd, 2017 

A year of surprises

The fall in commodity prices in 2015 continued into early 2016 before bouncing back to the point where materials and energy became the two best-performing sectors in 2016 (after being the worst performers the previous year). Download the complete text

Regulatory changes set to improve financial industry reporting and disclosures

Canadian Securities regulators have introduced new regulatory requirements to enhance the client-investment counselor relationship. The latest industry-wide regulatory update is known as “Client Relationship Model 2” (CRM2), and applies to all investment dealers and investment counselors in Canada. CRM2 will take full effect on January 1st  2017 ....  Download the complete text  


First institutional mandate for AA&A

Allard, Allard & Associes is proud to have obtained a first institutional mandate from the Quebec emerging manager program. Read the article. qemp.ca

Stocks for retirees

In this article, four portfolio managers, including Alexandre Legault from Allard, Allard & Associes, recommend investments that would work well for retired investors.  Read the article (in French)  Les affaires, Jean Décary, August 27th, 2016

A strong rebound in gold, metals and oil

During the first half of 2016, the Canadian stock market bounced back as the S&P TSX returned 9.8%.  Download the complete text.

2015: More fear than harm

The last year was challenging for equity investors as several factors contributed to the weakness in the markets.  Download the complete text.

How much to save for retirement?

Very good article that provides tools to quantify the sums required to save for retirement.  Read the article (in French)  Les Affaires, IQPF, February 24th, 2016

Five resolutions for dividend investors

In this article, the author shares five resolutions for dividend investors. Read the article. THE GLOBE AND MAIL, JOHN HEINZL, January 5th, 2016.

A difficult quarter on the market

Canada’s main equity benchmark, the S&P TSX, had a rather difficult quarter with a 7.9% decline. Weakness in natural resources was largely... Download the complete text.

Quebec investors remain calm

In this article, Louis Allard, portfolio manager and president, comments client reaction in connection with the recent events on the stock markets. Click here to read the article. (in French only) LES AFFAIRES, JULIEN ARSENAULT, August 25th, 2015.

Is it still worthwhile to buy foreign stocks?

Many of our interlocutors ask us about the attractiveness and benefits of buying foreign stocks in a context where the loonie is hovering around 80 US cents.  Download this article for our opinion on the matter (English version will be available soon). 

Let's stay zen - Prevent the sinking

In a market crisis, investors are often ill advised by their instincts.  Therefore, investment professionals need to get their clients to adopt a long term investment plan and above all to maintain that plan in the face of adversity Click here to read the article (in French only) Jean-François Venne, Conseiller.ca, February 17th, 2015.

Opportunities in the commodities

In the following article, Louis Allard, portfolio manager and president at our firm, gives us his reading of the markets, offers his perspective on the stock market and shares some investment advice. Read the article (In French only) LA PRESSE AFFAIRES, RICHARD DUFOUR, January 22nd 2015.

2014: Another good year in the face of adversity

Despite a few hiccups along the way, 2014 was a good year for the stock market.  Download the complete text.

Goal of managing a billion

Portrait of the firm who will soon be celebrating his 20 years of existence.  Click here to read the article (in French only).  Carl Renaud, Le journal de Montréal, November 17th, 2014.

Interview of Louis and Caroline Allard on Canal Argent

In this interview, Louis and Caroline Allard discuss the story of their firm who will soon be celebrating their 20 years of existence. Click here to view the video (in French only).  Le nouveau Québec inc., Canal Argent, November 17th, 2014.

Dorel's shares offer a good dividend at a reasonable price

In the following article, Caroline Allard, portfolio manager and vice-president at our firm, discusses the outlook for Quebec manufacturer Dorel. Read the article (in French only). LES AFFAIRES, STEPHANE ROLLAND, October 4th, 2014.


Can your RRIF survive the stress test?

In this article, the author describes a conservative scenario to demonstrate that by withdrawing 4.5% annually from a RRIF invested in stocks and bonds, it is likely that, despite the market turmoil, the RRIF will produce a return sufficient to ensure income throughout retirement.  Read the article.  Financial Post, Personal Finance section, Fred Vettese, September 23rd, 2014. 


Bond yields and longevity risk

In the following article, Louis Allard, portfolio manager and president at our firm, warns investors on the risk of overweighting in fixed income an investment portfolio in the early context of rising bond yields. Read the article (in French only). LA PRESSE+, AFFAIRES section, ANDRÉ DUBUC, July 27th 2014.

Interview of Louis Allard on Canal Argent

See the recent interview by our President, Louis Allard, with the journalist Francois Gagnon on Canal Argent.  Click here to view the video (in french).

Is it risky... to try to avoid risk?

Holding fixed income securities is desirable for most investors as they contribute to increase the consistency of a portfolio’s returns. However, although a higher weighting in fixed income may seem more cautious, this is not always the case. Download the complete text.

What to look for when investing $1 million

In this article, the author lists the benefits of hiring a portfolio manager rather than a broker or mutual fund representative, especially when the sums to invest become important. Read the article. THE GLOBE AND MAIL, David Aston, February 26th, 2014.

Discover quality securities

In the following article, Caroline Allard, portfolio manager and vice-president at our firm, gives us her reading of the markets, offers her perspective on the stock market and shares some investment advice. Read the article (in French only). LA PRESSE AFFAIRES, RICHARD DUFOUR, January 19th 2014.

2013: An Amazing Year

2013 was a great year for equity investors. Obviously some of the uncertainties of recent years were not resolved ... Download the complete text.

Don't confuse the economy and the market

In this article, the journalist answers two questions from a reader about the influence of the economy on the stock market.  Read the articleThe Globe and Mail, John Heinzl, April 12, 2013.  

The impact of stimuli since the 2008 crisis

Since the 2008 credit crisis, fiscal and monetary policies have been very accommodating. Why was the impact of the stimuli weaker than in past cycles? Download the complete text.

A very good year despite the gloom

At this time last year, the global economy was emerging from a difficult year in which stocks were down and expectations for 2012 were generally pessimistic. Download the complete text.

The coming fiscal cliff

French version only.

Major changes in 2011

The year that just ended was turbulent in many ways, creating volatility in the financial markets. Despite the extremely positive results for Canadian businesses, in 2011 the markets went into decline. In this context, it is more important than ever to invest in healthy businesses that pay dividends, and patiently await the pendulum's return. Download the complete text.

Stay the course

The debt crisis raging in the US and Europe is far from reassuring to investors. What we have noticed in certain key sectors of the Canadian economy, however, leads us to believe a return to 2008 is unlikely. This is not the time to change strategy: in the past, the stock market has rewarded investors who stay the course while others panic. Download the complete text.

Encouraging signs

Although the global economy is still languishing, certain economic indicators point to a reversal already underway. A return to profitability in the American banking sector; an increase in housing sales, durable-goods orders and new vehicles… In March, the market closed on a high note for the first time in 7 months. Download the complete text.

2008, Annus horribilis

2008 was a catastrophic year for the stock market, thanks to debt-crippled and under-regulated American financial institutions. In October, the entire financial system came close to collapsing. Nevertheless, we see light at the end of the tunnel. Download the complete text.