News
Posted in: News Posted on: August 12, 2024
In July, investors decided to switch from high-growth sectors to more defensive ones. That move was influenced by some strong consumer data and positive GDP figures in the US and Eurozone. The US and Canadian markets both saw great sales and earnings growth, with the S&P/TSX Index having its best…
Posted in: News Posted on: August 06, 2024
Starting in January 2024, attacks on ships by Houthis in Yemen have caused shipping routes between Asia and Europe to bypass the Red Sea/Suez Canal, increasing transit times and fuel costs by 40% and driving up shipping rates. As happened previously in 2021, a rise in shipping rates is expected…
Posted in: News Posted on: July 26, 2024
Yorkville Asset Management Inc. is pleased to announce a special distribution of the Yorkville Health Care Fund issued on July 22, 2024.. CLICK HERE to read the full release.
Posted in: News Posted on: July 22, 2024
President Biden announced he would not seek re-election, endorsing VP Kamala Harris as his successor, which had little impact on market sentiment as seen by the muted market reaction. Despite this announcement, betting markets show Trump's odds for winning the 2024 Presidential Election remain largely unchanged. CLICK HERE FOR THE…
Posted in: News Posted on: July 18, 2024
Yorkville Asset Management Inc. announced the successful financing and renewal of $476 million across multiple credit facilities to support its Long Term Care (LTC) portfolio. CLICK HERE TO READ THE PRESS RELEASE
Posted in: News Posted on: July 15, 2024
As we reach mid-2024, markets continue to hit new highs, driven by AI enthusiasm and strong macroeconomic and corporate performance. Despite investor focus on the US Federal Reserve's potential rate cuts, no reduction is expected until late 2024 or early 2025 due to the robust US economy. In June, US…
Posted in: News Posted on: July 08, 2024
Clients are showing more interest in cryptocurrencies, partly due to recent price changes and easier access to investing. Yorkville started the Yorkville Crypto, Blockchain, and Fintech Class three years ago to help clients invest in this area. This article explores the concept of Bitcoin halving and its effects on the…
Posted in: News Posted on: June 26, 2024
Yorkville Asset Management is Pleased to Announce the Opening of Back In Motion’s Newest Health Clinic, Bayshore Physical Therapy CLICK HERE to read the full release.
Posted in: News Posted on: June 17, 2024
Market update written by our Portfolio Manager, Derek Brenzil. CLICK HERE TO READ THE ARTICLE
Posted in: News Posted on: June 11, 2024
The Yorkville Health Care Fund is in its accelerated growth phase, focusing on redeveloping Long-Term Care facilities, improving efficiencies in institutional pharmacy, and expanding multidisciplinary health services across Canada. CLICK HERE TO READ THE ARTICLE