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Portfolio Manager Discussion

Can the Bull Market Continue?

Investment Series
Date:
January 16, 2025

As equity markets remain volatile, investors are reflecting on 2024 while looking ahead to the opportunities and challenges of 2025. Can the bull market continue as inflation, interest rates and other economic forces continue to impact markets?

Jeff Tory and members of Pembroke’s investment team held an engaging discussion on this topic. The event included a review of 2024, an outlook for 2025, and the key question: can the bull market continue?

Watch this virtual event to gain insights into Pembroke’s strategies and perspectives as the managers navigate the ever-changing investment landscape.

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Pembroke Speakers

J. Matthew Beckerleg, MBA

Partner, Portfolio Manager, Director

Matthew Beckerleg is a Partner and Portfolio Manager at Pembroke, co-leading the firm’s U.S. equity strategies and contributing to balanced mandates. With experience in private equity and M&A at Audax Group and Morgan Stanley, he focuses on growth companies in the technology and consumer sectors. Matthew holds an MBA from MIT Sloan and a BA in Economics from Columbia University.

Stephen Hui, CFA

Partner, Portfolio Manager

Stephen co-leads the Canadian growth strategies and contributed ideas across mandates. With deep sector expertise and a passion for uncovering under-recognized companies, he’s been acknowledged as a Canadian TopGun Investment Mind. A CFA charterholder, Stephen holds a Bachelor of Commerce from the University of British Columbia and remains active in mentorship and academic investment programs.

Drew Sutherland, CIM®

Vice President, Account Manager

With over 15 years of experience, Drew Sutherland provides thoughtful, objective advice to individuals and families. Known for his client-first approach, Drew helps clients make confident, long-term financial decisions. He is actively involved in his community and remains a competitive squash player and passionate sailor.

Jeffrey S.D. Tory, CFA

Chair, Partner, Director, Portfolio Manager

Jeff Tory joined Pembroke in 1987 as an analyst under the mentorship of founders Ian Soutar and Scott Taylor. Since then, he has become a trusted leader in North American growth equity investing. Jeff also mentors Pembroke’s investment team and contributes to the broader community through board service, teaching and philanthropy.

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