“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.
- Fixed Income and Rising Rates - https://t.co/0eehXt8PSO, 17 hours ago
- Canadian credit was in focus last week. https://t.co/TkYAJYwDhc https://t.co/H4m5PKwUwj, Aug 21
- Supply and a backdrop of rising geopolitical tensions proved too much for global credit markets last week.… https://t.co/vjIFe87LZK, Aug 14
- Heavy secondary trading in Canada as American credit took a breather.https://t.co/8CWyGqqsxV https://t.co/gQFSWtV7Nx, Aug 08
- Canadian corporate spreads tightened modestly across most sectors last week. https://t.co/lXbDl4WIrY https://t.co/hXjMLBSfEC, Jul 24