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Commentaries

13 07, 2020

The Alternative Quarterly Commentary – Q2 2020

2023-01-06T20:59:08+00:00

MacNicol’s The Alternative Quarterly Commentary- July 2020 The MacNicol Alternative Asset Trust is a multi-strategy, alternative investment platform designed to generate returns that are positive and uncorrelated with public stock or bond markets. The Trust, through its underlying limited partnerships invests in real estate, private equity and hedge funds. In total the Alternative Trust is [...]

The Alternative Quarterly Commentary – Q2 20202023-01-06T20:59:08+00:00
10 06, 2020

The Monthly – June 2020

2023-08-30T11:53:25+00:00

MacNicol’s Monthly Commentary - June 2020 Don’t look now but the S&P500 is back over 3,000 points. Yes, I let out an incredulous gasp myself. The absolute level of the S&P500 was thing but I was much more surprised by the speed the index “tore” away from a well defined trading channel during most of [...]

The Monthly – June 20202023-08-30T11:53:25+00:00
25 05, 2020

The Monthly – May 2020

2023-08-30T00:01:46+00:00

MacNicol’s Monthly Commentary - May 2020 Though a large contingent of lawmakers, central bankers and health care experts continue to deal with the enormous economic and human impact of COVID 19, attention is beginning to shift towards what life may look like once the crisis has passed. The MacNicol Investment Team is cautiously optimistic about [...]

The Monthly – May 20202023-08-30T00:01:46+00:00
24 04, 2020

The Q1 Commentary 2020

2023-08-30T00:01:31+00:00

MacNicol’s Quarterly Commentary- April 2020 I love British Columbia. But I have always felt that the province’s population of Bears were a lot speedier than they appeared. Bears are of course also extremely strong and temperamental in certain situations. But I never knew just how fast Bears were until I looked into it for this [...]

The Q1 Commentary 20202023-08-30T00:01:31+00:00
24 04, 2020

The Alternative Quarterly Commentary – Q1 2020

2023-01-06T20:59:35+00:00

MacNicol’s The Alternative Quarterly Commentary- April 2020 The MacNicol Alternative Asset Trust is a multi-strategy, alternative investment platform designed to generate returns that are positive and uncorrelated with public stock or bond markets. The Trust, through its underlying limited partnerships invests in real estate, private equity and hedge funds. In total the Alternative Trust is [...]

The Alternative Quarterly Commentary – Q1 20202023-01-06T20:59:35+00:00
24 03, 2020

Alternative Commentary – Absolute Return

2023-01-06T21:00:09+00:00

MacNicol’s The Alternative Commentary- March 24, 2020 The Absolute Return Fund through its partnerships invests in Latin America (LATAM) and our distressed debt program was impacted and impacted significantly. As today is March 24th, 2020, I am not in a position to discuss specific performance metrics of the fund just yet but will detail them [...]

Alternative Commentary – Absolute Return2023-01-06T21:00:09+00:00
24 03, 2020

Alternative Commentary – Real Estate

2023-01-06T21:00:36+00:00

MacNicol’s The Alternative Commentary- March 23, 2020 the Alt Program's holdings represent a diversified array of properties, private businesses and hedge funds, we will communicate our update to you in a series of three sequential category-specific updates beginning with real estate, turning to private equity and concluding with hedge funds.   Click the link below [...]

Alternative Commentary – Real Estate2023-01-06T21:00:36+00:00
9 03, 2020

The Monthly – March 2020

2023-08-30T11:53:01+00:00

MacNicol’s Monthly Commentary - March 2020 Late February’s stock market action has the dubious distinction of having set a number of dastardly investment records. We will avoid rehashing the painful plethora of horror stories here as many investors continue to lick wounds. At the same time some market stats made even our eyes water and [...]

The Monthly – March 20202023-08-30T11:53:01+00:00
13 02, 2020

The Monthly – February 2020

2023-08-30T11:52:40+00:00

MacNicol’s Monthly Commentary - February 2020 I earned a Science Degree from the University of Toronto in the late 1990’s. Among the more challenging courses I took in those days was human immunology. Human immunology gave me the opportunity to learn how the body fought off bacteria and viruses, and whole host of other interesting [...]

The Monthly – February 20202023-08-30T11:52:40+00:00
27 01, 2020

The Alternative Quarterly Commentary – Q4 2019

2023-01-06T21:01:03+00:00

MacNicol’s The Alternative Quarterly Commentary- January 2020 During the fourth quarter of 2019 the Alternative Asset Trust was predominantly flat. Hedge funds were higher in the fourth quarter as losses in emerging market debt turned the corner and began moving higher later in the year. Private equity was higher in the quarter and - throughout [...]

The Alternative Quarterly Commentary – Q4 20192023-01-06T21:01:03+00:00
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