Webinar Overview:
Today's investment landscape presents unprecedented complexity. Persistent inflation pressures, volatile interest rate expectations, and shifting fiscal and monetary policy priorities are fundamentally reshaping capital markets worldwide. The rapid advancement of artificial intelligence is simultaneously creating profound productivity opportunities and introducing new risks across sectors and economies. For Ontario municipalities managing public funds—whether operating under the prudent investor regime or traditional investment guidelines—the imperative is clear: disciplined, informed decision-making grounded in rigorous analysis is essential to navigating sustained uncertainty, mitigating portfolio risk, and identifying compelling opportunities for long-term value creation.

Join PH&N Institutional, investment manager for ONE Investment's Prudent Investor offering, for an in-depth exploration of the macroeconomic and market forces shaping the 2027 investment outlook. We will examine central bank policy recalibration, the transformative impact of artificial intelligence, evolving credit and equity market dynamics, geopolitical realignment, and emerging opportunities across asset classes. Our discussion will address how these forces influence municipal portfolio construction, risk management, and the pursuit of sustainable returns in an environment of sustained volatility and structural change.

What You Will Learn:
Several key learning areas will be covered in this webinar, including:

• The global economic backdrop: Persistent inflation dynamics, central bank policy trajectories, and the dual impact of artificial intelligence—both as a driver of productivity growth and a source of market disruption and sectoral reallocation

• Capital markets in flux: Current asset valuations across fixed income and equity markets, yield curve positioning, credit market opportunities, and the balance between headwinds (geopolitical uncertainty, fiscal constraints) and tailwinds (technological innovation, policy recalibration)

• Investment management for municipalities: How to build resilient portfolios through strategic asset allocation and diversification, manage risk in volatile environments, and balance short-term market dynamics with long-term return objectives
  

Who Should Attend:

• Municipal staff responsible for investments and financial planning

Benefits of Attending:  Participants can expect to:

• Gain insights into the current economic backdrop and capital markets behaviour;
• Have an understanding of the investment frameworks available to municipalities;Study the importance of a long-term investing mindset amid short-term volatility
  

About your Panel Moderators: 

Martin Leclair, CFA, is a vice-president and institutional portfolio manager at PH&N Institutional 
Paul Purcell, CFA, is a managing director and institutional portfolio manager at PH&N Institutional 
Katherine Rusin, CFA, is an institutional portfolio manager at PH&N Institutional

They all assume leadership in the development of multi-asset solutions for institutional investors and play key roles in the development and execution of the ONE Investment’s Prudent Investor offering to municipalities of Ontario.