David Arnaud

Senior Fund Manager at Canada Life Asset Management
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David joined Canada Life Investments in 2006 as a credit analyst and was promoted to fund manager in October 2009. David's previous investment roles include working as an investment analyst at AGF Private Equity in Paris and as a credit analyst at Fortis Bank.

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  • We have been doing portfolio trading a lot more since March and that’s because it reduces the size of the outright risk associated with a one-way trade on a single bond.

  • A decade of intense monetary easing has redirected investors in their frantic search for yield towards less liquid assets or lower rated bonds and this is precisely what has precipitated the fast deterioration in financial conditions.