“Given the low price of oil and low Canadian interest rates, I don’t think there was necessarily a perception that the loonie was headed significantly stronger in 2017, so I would imagine a significant chunk of the pension exposure was sitting unhedged,” says Andrew Torres, managing partner and chief executive officer at Lawrence Park Asset Management.
- Last week, North America spreads were broadly unchanged with Europe rallying and the US market traded mildly softer… https://t.co/QJOhwjMGgn, 12 hours ago
- Trade volumes were muted but spreads kept grinding tighter. https://t.co/huf9TlmDtB https://t.co/b469aD3fkM, Oct 10
- CIO Andrew Torres tells Bloomberg News "There’s demand for income and credit product and that can continue into Q4." https://t.co/pTscztg9Gm, Oct 03
- Broader corporate credit remained strong.https://t.co/kHyL6SHoNp https://t.co/szHdo3Ju6u, Oct 02
- The Canadian corporate market was once again on the new issue train.https://t.co/SNFOBvw123 https://t.co/Gxz68aeNBe, Sep 25