The Wealth Exchange

What if you could enhance returns from fixed income without taking on traditional interest-rate exposure? And what role does leverage play in both the opportunity and the risk? Host Jasmine Marichic, Wealth Advisor | Client Relationship Manager, sits down with Ben Jang, Portfolio Manager | Head of Fixed Income, to unpack the Nicola Credit Opportunities Fund and the thinking behind its approach to return-seeking fixed income. You'll hear: • Why this strategy is not a cash alternative or traditional bond replacement • How shorting, or selling borrowed, government bonds can provide a different approach to leverage • How credit spreads, rather than interest-rate movements, drive much of the return opportunity • Why periods of market stress and widening credit spreads can create both risks and opportunities • How the fund manages leverage, volatility, drawdowns, and recovery periods • How the strategy can complement traditional bonds, mortgages, private debt, and cash If you're thinking about the role fixed income plays in your portfolio, and whether there are ways to seek additional returns while managing interest-rate exposure, this episode is for you. It offers a closer look at an alternative approach to credit investing, including the risks investors need to understand.

When it comes to the future of wealth, one of the most significant financial shifts of our time is already underway. In this episode of The Wealth Exchange, Chris Warner, Wealth Advisor and Practice Management Lead | Client Relationship Manager, sits down with Cassandra Cross, Wealth Advisor | Client Relationship Manager, to explore how women are increasingly shaping the future of wealth - and what it means for individuals, families and future generations. Drawing on insights from Cassandra's recent article, Women Are About to Control More Wealth Than Ever Before, But Many Still Don't Feel Financially Confident, they discuss the forces driving this historic shift, how many women are building wealth in different ways, and why financial confidence has less to do with knowledge than may people think. You'll hear: Why women are expected to inherit nearly 70% of the largest wealth transfer in history The key trends driving women's growing influence over wealth & financial decision making Why confidence - not capability - is often the biggest barrier to financial engagement The hidden cost of delaying important financial decisions How thoughtful financial planning can help navigate major life transitions with greater clarity and purpose Why wealth planning is about more than growing assets - it's about creating flexibility, choice, and a lasting legacy As women continue to shape the future of wealth, this conversation explores what this historic shift means for individuals, families, and the next generation of financial decision-makers.

When it comes to private equity, how you invest can be just as important as what you invest in. In this episode of The Wealth Exchange, Robert Olsen, Head of Private Capital, sits down with Kazuki Nadomi, Portfolio Manager | Private Equity and Venture Capital, and Sunny Lee, Senior Director | Private Equity, to explore a key question facing investors today: Are traditional private equity structures still the best fit for individual investors? Drawing on insights from their recent article, "The Evergreen Revolution:  Rethinking How Private Equity Fits Within a Portfolio", they examine how private equity has traditionally been accessed, why the investor experience can differ significantly from headline return figures, and how newer evergreen structures are reshaping access to the asset class.  You'll hear: Why private equity structure can matter as much as manager selection The differences between traditional closed-end funds and evergreen private equity vehicles How evergreen private equity structures differ from traditional fund models Why headline IRRs don't always reflect the full investor experience What investors should evaluate when considering private capital opportunities As private equity becomes more accessible to individual investors, this conversation explores why understanding structure, liquidity, and portfolio fit is essential when evaluating private capital opportunities.

Markets proved more resilient this quarter, despite ongoing inflation concerns,  geopolitical tensions, and elevated interest rates. In this episode of The Wealth Exchange, Ben Jang, Portfolio Manager | Head of Fixed Income joins Jasmine Marichic, Wealth Advisor | Client Relationship Manager, to explore what drove the market rebound, where risks remain, and why diversification continues to matter in an environment where traditional portfolio relationships are changing. From AI-driven market leadership and reopened IPO markets to Canadian opportunities, fixed income, and portfolio construction, Ben shares practical insights for long-term investors navigating uncertainty. You'll hear: Why markets remained resilient despite ongoing economic and geopolitical headwinds How equities, fixed income, and real assets performed through the second quarter What higher interest rates mean for diversification and income How to think about geopolitical risk without reacting to every headline Why maintaining a balanced, diversified portfolio remains critical in today's market  As the year unfolds, this conversation offers timely perspectives on navigating uncertainty, managing risk, and staying focused on long-term investment goals. 

Many investors believe they're diversified, but beneath the surface, today's market is increasingly driven by a small number of companies. In this episode of The Wealth Exchange, Ben Jang, Portfolio Manager & Head of Fixed Income,  joins Sean Oye, Head of Public Assets, to examine how the rapid rise of AI is reshaping today's markets, concentrating performance among a small group of companies and prompting investors to rethink what true diversification looks like. You'll hear: Why owning an index fund doesn't always mean you're truly diversified How AI is influencing companies across many industries, not just technology Why the price you pay matters just as much as the quality of the company you're buying Practical ways to build a more resilient portfolio, from looking beyond the biggest market leaders to investing in high-quality businesses with different drivers of growth Why staying diversified doesn't mean avoiding AI, it means understanding where your risks are and balancing them thoughtfully If you're wondering whether your portfolio is more concentrated than you realize, this conversation offers practical insights on staying invested, managing risk, and building resilience in an increasingly AI-driven market.