Sarah Wildman is joined by Geoff Castle and Parul Garg for the Quarterly Fixed Income update.
Subtitle: Leaning against volatility to generate returns.
In this episode Sarah Wildman, Director of Institutional & Family Office Wealth Services, is joined by Geoff Castle, Portfolio Manager of the Pender Corporate Bond Fund, and Parul Garg, Associate Portfolio Manager. They take a short look back on the last quarter, discuss inflation and the term premium, and review some of the sectors that have caught their eye recently.
|[01:11]||A positive quarter for the Pender Corporate Bond Fund – why did the Fund do well?|
|[02:51]||A review of the stronger performing securities from the last quarter, including First Majestic Silver, Granite Construction and Chesapeake.|
|[05:13]||Why bond yield rates rose and the implications for the portfolio; the term premium and its impact on the portfolio.|
|[09:03]||Thoughts on inflation and what the team is seeing.|
|[12:28]||The positive term premium and the resulting opportunity to add longer duration securities to the portfolio.|
|[14:13]||Some sectors that have recently caught the attention of the team.|
|[17:53]||Takeaways from Geoff’s most recent Profiles in Credit podcast with Dylan Grice.|
|[20:12]||A book recommendation from Geoff.|