VANCOUVER, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) -- (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months ended March 31, 2022. Financial Highlights (Unaudited) Net loss was $51,821,705 for the three months ended March 31, 2022 (March 31, 2021 – Net income $137,400) primarily the result […]

“Sometimes you’re good and sometimes you’re lucky.” Geoff Castle chats with Winnie Cisar, Global Head of Strategy at CreditSights Inc. Together they discuss Winnie’s background, her foray into investment banking and the series of career steps that led her to CreditSights, especially her many experiences at Wells Fargo.  Winnie looks back on her time as […]

Fellow unit holders, The selloff in risk assets carried on in April and volatility continued to trend higher. This was driven by growing macro concerns that focused on the outlook for inflation, rising interest rates and the ongoing conflict in Ukraine. With higher interests potentially leading to a slowdown in economic growth, this led to […]

In the quarter ended April 30, 2022, the Fund outperformed its benchmark. With the FTSE/TMX Canada Universe Bond Index down 7.0% over the past three months, the Pender Bond Universe Fund’s (PBUF) Class F return of negative 3.9%[1] showed relative strength over the period. Against a backdrop of rising yields along the curve in Canada […]

Today, the investors behind The Great Canadian ESG Championship revealed the list of finalists who will compete for a share of a $90 Million investment management mandate. From a pool of sixty proposals, eleven candidates emerged as top competitors based on their ESG and financial performance scores, assessed by expert validators Millani and Normandin Beaudry respectively. Pender […]

Dear Unitholders, The Pender Alternative Arbitrage Fund (PAAF) ended the month of April 2022 with a NAV of $10.23 per unit[1]. Download PDF After a slow-down last month, M&A activity is picking back up with the value of global deals rising 23% in April[2]. Global M&A totaled $1.4T at the end of April, down from […]