Latest / In the Money with Amber Kanwar
Why This Portfolio Manager is Sitting on a Mountain of Cash
In this episode of In the Money with Amber Kanwar, Amber sits down with Mike Vinokur of Propellus Wealth Partners which is part of iA Private Wealth, who’s taking a rare and defensive stance: holding a staggering 37% of his equity portfolio in cash. In a world where investors chase returns and FOMO dominates market behaviour, why is this seasoned money manager pumping the brakes?
Mike unpacks the strategy behind his cash-heavy position, citing market froth, valuation risks, and a fundamental belief that cash is no longer "trash"—especially when it earns over 4% risk-free. From U.S…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.