Our Approach

Investors look to the fixed income component of their portfolio as a way to access consistent returns, downside protection and capital preservation. In an era of historically low interest rates, traditional fixed income management alone will not meet investor’s basic needs.

Lawrence Park scours the fixed income market through a risk management lens:

  1. Identifying the most attractive components of the corporate bond and preferred share markets on a risk adjusted basis
  2. Isolating these opportunities and extracting value through the use of active trading techniques not available to traditional mutual fund managers
  3. Levering our experience and ability to use alternative tools to manage portfolio risk, enhance returns and profit from market inefficiencies

We aim to provide investors with the higher yield they’ve been searching for but without the downside risk of equities or high yield bonds.

THE NEEDS OF INVESTORS MAY NOT HAVE CHANGED MUCH OVER TIME. BUT THE SOLUTIONS THEY NEED ARE EVOLVING EVERY DAY.

Our expertise defines our process.

Lawrence Park Asset Management leans on their experience and expertise to create innovative alternative fixed income solutions for the Canadian investor.

  • 75+ years

    75+

    years

    Our team of fixed income traders bring over 75 years of combined global bond investment experience

  • 600+ trades executed in 2020

    600+

    trades executed in 2020

    Of this, 76% of trades were profitable. We continually identify new opportunities in traditional fixed income markets and exploit through active trading

  • 2.86% Volatility*

    2.86%

    Volatility*

    We place an emphasis on risk management; actively hedging unwanted exposures to interest-rate, credit and currency risk to smooth our returns

  • 21% Cumulative outperformance over benchmark*

    21%

    Cumulative outperformance over benchmark*

    We have generated consistent alpha over the Canadian corporate bond index by combining a disciplined investment process with a tactical trading edge

*Lawrence Park Credit Strategies Fund: March 2012 (Inception date) – December 2020. Benchmark = XCB (Proxy for the FTSE Canadian Corporate Bond Index), Volatility is based on daily returns for Lawrence Park Credit Strategies Fund Series A since inception, as calculated by the manager.

Environmental, Social, and Corporate Governance (ESG)

In the last few years, sustainability has become increasingly important in the investment world. More and more investors now want to know where their money is going and what it’s being used for. They believe it’s important to know that their investments are comfortably aligned with their values.

In response, Lawrence Park Asset Management Ltd and CI Investments have adopted the principles of sustainable investing, which means their goal is  to generate long-term financial returns as well as  contribute positively to society. CI is a signatory to the United Nations-supported Principles for Responsible Investment (UNPRI)

ESG is a globally recognized way of measuring the sustainability of companies from three ethical perspectives – environmental, social and governance. ESG scoring calculates the level of sustainability in a company’s environmental, social and governance principles, and how that will effect a company’s long-term performance. You could say it’s helping to future-proof your investment.

We have developed a method and framework  to measure the relevant environmental, social and governance risks of our portfolio investments. The analysis is fully embedded within our research and is incorporated into the investment decision-making process for every portfolio we manage.

Our ESG policy and related commitments are applicable to all employees as it relates to their role within the firm. The Chief Investment Officer is responsible for overseeing the implementation and ongoing monitoring of this policy

Issues included in ESG:

Environmental

How companies are making an impact on the environment such as:

  • Climate change impact
  • Pollution
  • Waste management
  • Energy efficiency

Social

How companies engage with and impact their employees, clients and communities:

  • Human rights
  • Gender equality
  • Ethnic diversity

Governance

How companies are governed or managed:

  • Board structure and ownership
  • Financial reporting
  • Business ethics & culture