• Pender Investment Conference 2021

    Money, Inflation and Credit Markets in an Age of Stimulus

    Ben Rabidoux, Geoff Castle, Parul Garg & Emily Wheeler

    June 10, 2021

Return to the Conference Recordings Page

Inflation has been more or less missing in action for the past decade, but as we enter the latter stages of the pandemic will the rebounding economy push inflation higher and, if so, will rates follow or will central banks suppress rates to sustain the recovery?

PM Geoff Castle and Ben Rabidoux, President of North Cover Advisors, assessed the current inflationary environment for signals. Whatever the future holds, we still have to find ways to invest in the credit markets we are dealt today.

Over the years we have experienced a range of conditions and have what we believe to be a tried and tested manual of strategies we can deploy. Associate PMs Emily Wheeler and Parul Garg presented our practical guide to inflationary and deflationary fixed income investing, and how we navigate central bank monetary policy for the best potential benefit of our investors. Hint: it’s not just about duration.

Disclaimer: The content of this video is for information purposes only and should not be viewed as investment advice or an offer to buy or sell Pender’s funds, or the securities we mention. Any discussion of performance is not an indicator of future results. All opinions are as of the June 10, 2021. We may not share the opinions of our guest.

Profiles in Credit – James Grant

Three big anniversaries and days of high drama

June 17, 2021

Listen here


Profiles in Credit – Stephen Poloz

Inflation, recession, monetary policy and spaghetti sauce

May 27, 2021

Listen here


Profiles in Credit – Ben Rabidoux

“One of the truly independent voices in the Canadian capital markets.”

November 26, 2020

Listen here

“I think you are going to see central banks start to take a more proactive view on how they can either help with that process of rebalancing wealth or just stop exacerbating it with their policies” – Ben Rabidoux