What did markets earn over the summer — and what does the back-to-school season mean for investors? In this episode, host Hilly Cutler sits down with Matt Montemurro to assess how equities, bonds, and commodities performed over the past few months, where ETF flows are heading, and what key themes — from Fed rate decisions to the AI trade and upcoming mega IPOs — could shape the final quarter of 2026. Hilly Cutler is Director of Portfolio Consulting and Senior Portfolio Consultant at BMO Global Asset Management (BMO GAM) and Matt Montemurro is Head of Fixed Income and Equity Index ETFs at BMO GAM. This episode was recorded live on Monday, September 14, 2026.
Matt Montemurro
Head of Fixed Income and Equity Index ETFs
Matt is currently the Head of Fixed Income and Equity Index ETFs. In his role, Matt, and his team, are responsible for all index tracking mandates, both equity and fixed income, managed by BMO Global Asset Management. Matt joined BMO in 2009 and joined the BMO ETF portfolio management team in 2012. Prior to this expanded role, Matt specialized in fixed income, leading the fixed income portfolio management team and acting as portfolio manager and trader, responsible for all segments of the fixed income market, both in Canada and internationally. Matt has 15 years of industry experience in managing and trading Canadian federal, provincial, corporate and real return bonds; US Treasury and corporate bonds, both investment grade and high yield (cash bonds and CDX); as well as emerging market debt. Matt has spent his entire career at BMO, joining the bank in 2009. Matt holds an HBA and MBA from the Richard Ivey School of Business at the University of Western Ontario and is a CFA Charterholder.