12 months seems a lifetime ago. Then, across all portfolios, including those with allowances to invest in high yield, we were very conservatively positioned. In expensive markets, capital preservation and liquidity is our imperative. Canso takes risk when our investors are compensated for that risk. We did not predict COVID-19 and the resulting market volatility, but we were positioned to seize on the significant opportunities presented across the credit markets.
Read the full newsletter at the link below.
Canso February 2021 Corporate Bond Newsletter
