The Invested

Hosted by Mackenzie Investments

Business ManagementExplicit

Website RSS feed LinkedIn

Episodes

100

Latest episode

Oct 2026

Language

About the show

What’s behind today’s headlines and what it could mean for portfolios? Host Rajan Bansi sits down with Mackenzie portfolio managers and strategists to unpack the trends moving markets and the implications across asset classes. Tune in for timely insights to support your next client conversation.

Listen to episodes

60 recent

October 8, 2026Episode 27825 min

Why gold, why now? Inside the new MGEG.

Where does gold fit in a portfolio? Rajan Bansi joins guest host Prerna Mathews to unpack why gold is back in focus, its role as a monetary asset and portfolio diversifier, and the trade-offs advisors face when adding it to an already invested portfolio. Then, Prerna and Rajan explore how MGEG combines global equity exposure with a systematic gold futures overlay. They also discuss how gold differs from gold-mining equities and what advisors should understand about the fund's derivatives structure. This episode was recorded on October 2nd, 2026.

September 17, 2026Episode 27710 min

The Fed re-engages as market risks build

The Federal Reserve raised rates in September, but monetary policy is only part of the bond market story. Dustin Reid explains what the Fed’s latest outlook signals for rates, why corporate bond issuance, energy and inflation are pushing global yields higher, and the key market drivers’ advisors should be watching in client conversations now.

September 3, 2026Episode 27617 min

The Bank of Canada interest rate stayed put - the outlook didn't

The Bank of Canada held rates in September, but its tone changed. Dustin Reid explains why rate cuts may be less likely now than previously expected, what’s driving global bond yields higher, and the key market signals advisors should be watching with clients now.

August 12, 2026Episode 27121 min

Inside Our Partnership: A Conversation with China AMC's Chief Investment Officer on China's Tech-Driven Future

Rajan Bansi sits down with Richard Pan, Chief Investment Officer of China AMC — Mackenzie's strategic partner in China — to explore why global investors are increasingly turning to Chinese equities. Richard shares his framework for China's AI capabilities, the country's renewable energy advantage, and why Western investors may be significantly underweight a market that represents 17% of global GDP and 49% of global patent applications. The conversation closes with his vision for Chinese companies evolving into true global brands over the next decade.

August 4, 2026Episode 27521 min

Mid-Year Market Outlook with Lesley Marks: Rates, Earnings, and AI

Dustin Reid , Chief Fixed Income Strategist, sits down with Lesley Marks , Chief Investment Officer of Equities, to explore Mackenzie’s outlook for the second half of 2026. They discuss earnings expectations in Canada and the U.S., the evolving value-versus-growth dynamic, AI and hyperscale valuations, and the impact of a more hawkish Fed. Lesley shares where disciplined diversification may uncover opportunities amid a more volatile market environment.

July 30, 2026Episode 27414 min

Fed Holds Rates as Inflation Concerns Grow

The U.S. Federal Reserve held interest rates steady yesterday at its July meeting, raising questions about its approach to persistent inflation. In this episode of Market Exchange, Dustin Reid examines the market reaction, rising long-term Treasury yields and the key signals to watch ahead of the Fed’s September meeting.

July 16, 2026Episode 27319 min

Bank of Canada Holds as Tail Risks Recede: What We Expect Next

Bank of Canada Holds: Inflation, Oil and the Rate Outlook Dustin Reid examines the Bank of Canada’s July rate decision, shifting expectations for Canadian interest rates and the economic risks tied to slowing population growth. He also explores how rising oil prices, geopolitical tensions and weaker U.S. inflation data are creating a complicated outlook for central banks and fixed-income markets.

July 15, 2026Episode 27221 min

Making sense of Private Credit: A powerful tool for fixed income portfolios

David Ross, Global Head of Private Credit at Northleaf Capital Partners, joins host Rajan Bansi to break down one of the fastest-growing corners of the investment world. David explains what private credit is, why it took off after the 2008 financial crisis, and how institutional investors — not banks — have become the go-to lenders for many of today's top private companies. He also shares where Northleaf has the confidence to stay disciplined in both choosing where to invest and what they deliberately avoid, and why the current market environment may be one of the most attractive periods for private credit investors in recent memory.

June 18, 2026Episode 27013 min

The Fed turns hawkish: What Chair Warsh's first meeting means for markets

In this episode, Dustin Reid , Chief Fixed Income Strategist, breaks down the recent FOMC meeting — the first led by new Federal Reserve Chair Kevin Warsh. Dustin explains why the Fed's hawkish message caught markets off guard, including growing support for rate hikes and a renewed focus on inflation. He also explores how investors reacted across bonds, equities, currencies and credit markets, and what the Fed's evolving communication strategy could mean for volatility and portfolio positioning in the months ahead. This episode was recorded on June 17, 2026.

June 11, 2026Episode 26913 min

The Bank of Canada Holds Steady as Global Volatility Builds

Dustin Reid discusses the Bank of Canada's rate hold, the outlook for markets and inflation, and why he believes Canadian rate cuts remain possible later this year.