Patrick is a successful capital markets veteran with a career spanning over 25 years in Canada and the United States. Pat’s career has included fixed income asset management, structured product creation, and advisory roles at Canadian owned broker-dealer Midland Walwyn. Since 2012 Tormont Group has provided capital and supported US and Canadian companies on IPOs, M&A, institutional investor development and successful market penetration strategy.
Global bond portfolios are more sensitive than ever now, given their extended maturities increase the risk of capital losses as the Fed and other major central banks prepare to aggressively tighten policy.
That will have a profound negative impact on returns for higher-duration bonds and thus makes them much riskier.