adplus-dvertising
Connect with us

Investment

Ninepoint Publishes 2024 Market Outlook for Alternative Investing

Published

 on

Report Offers Valuable Insights into Investing in Private Credit, Fixed Income, Real Estate, Infrastructure, Energy and Digital Assets

Outlook Highlights Challenges and Opportunities Higher Interest Rates and Inflation Pose

TORONTO, Dec. 13, 2023 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment management firms, today issued a new report entitled “Ninepoint 2024 Market Outlook” that outlines the trends investors can expect in the coming year in alternative investing.

“There has been no single issue that has weighed as heavily on the minds of investors as the ‘higher for longer’ interest rate environment that we have found ourselves in, and the structural shift that it has created in the market,” said Ninepoint co-CEOs James Fox and John Wilson, in the report. “Geopolitical tensions, energy transition, and demographic headwinds have all contributed to a shift towards persistently higher costs and, as a result, higher levels of inflation and interest rates than we’ve witnessed over the past 15 years.”

Key highlights from each section of the outlook include:

  1. Private Credit: 2024 has the potential to be a watershed year for private credit in Canada. High interest rates and the pullback in lending by banks in 2023 laid the groundwork for both challenges and opportunities in the sector.
  2. Fixed Income: While the rapid rise in interest rates has posed its challenges to the fixed income market, Ninepoint believes it is currently the best investing environment for bonds in 15 years.
  3. Real Estate and Infrastructure: Infrastructure and certain sub-sectors or sub-industries in real estate, such as healthcare, cellular towers, data centers and industrials may outperform those facing either supply or demand issues, such as apartments and offices.
  4. Energy: Fears of a recession, the U.S. election cycle and market volatility are set to impact oil prices in 2024. Oil demand is sensitive to the overall economy, so it will be important to monitor closely for changes in the rate of growth as certain geographies are exhibiting signs of a slowdown.
  5. Digital Assets: The digital asset class has been soaring since its lows in 2022, and there are no signs that its rise will slow in 2024. Wall Street has begun to embrace digital assets and many Bitcoin ETFs have filed for SEC approval this year.

To learn more, download the complete white paper here: Ninepoint 2024 Market Outlook

About Ninepoint Partners LP

Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7.5 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.

For more information on Ninepoint, please visit www.ninepoint.com or contact us at 416.362.7172 or 1.888.362.7172 or invest@ninepoint.com.

Media Inquiries:
Longacre Square Partners
Scott Deveau / Kate Sylvester
ninepoint@longacresquare.com
646-386-0091


728x90x4

Source link

Continue Reading

Investment

S&P/TSX composite up more than 100 points, U.S. stock markets mixed

Published

 on

 

TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

S&P/TSX up more than 200 points, U.S. markets also higher

Published

 on

 

TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

Published

 on

 

TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending