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“I think managers and sponsors are just trying to get their heads around what the options are. Do they have to lower their weighting in fixed income or are there other solutions that can maintain returns even when rates are rising?”
Lawrence Park CEO, Andrew Torres addresses the 10th annual Canadian Hedge Fund Awards symposium celebrating the talent and accomplishments in Canada’s hedge fund industry.
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Global interest rates rebounded sharply last week while risk assets returned to all-time highs. Higher rates tempered borrower enthusiasm leading to a slower pace of corporate new issues, and allowed credit to tighten.
https://t.co/ooy3XzyE89
