"My overall philosophy, having been in the business for 31 years and having seen some of the largest market corrections in history, is to design a portfolio that will endure in adverse market conditions," - Mr. Lochead

Fifteen years ago, Peter Lochead climbed Mt. Kilimanjaro as part of a breast cancer fundraiser. Now, he’s launching another charitable venture in the mist of the coronavirus pandemic, pledging to match donations to the London Food Bank up to $25,000, and saying the two projects are more similar than they seem. “Let’s have another climb. The climb will be ‘Let’s get a mountain of food to all these people in London,’” Lochead said. “It’s a great city, but we do have a lot of people in desperate need.”

Headlines trumpeting a “record bull-run” or investors’ increasingly “bearish sentiment” can be seen as so much jargon and difficult to parse, but bull and bear markets are important for individual investors to understand. We break down what drives bull and bear markets, the effect they have on your portfolio and how to invest smartly during both market conditions.

"People said you've got to have holes in your head to climb this mountain, and they were right!" - Peter Lochead, CIBC Wood Gundy Investment Advisor, after gashing his head en route to the Kilimanjaro summit