Esteban Duarte and Chunzi Xu, Bloomberg NewsPaul Gardner, partner and portfolio manager at Avenue Investment Management, joins BNN Bloomberg to share his outlook for the bond market.
“It’s all about diversification,” Yassir Berbiche, head of treasury at Desjardins, said in an interview. Tapping the Australian market would broaden its financing sources in terms of the yield curve and the investor base, Berbiche said on the sidelines of an industry event in Portugal last week. The Canadian lender has been expanding its lending activities in areas including corporate loans and residential mortgages at a faster pace than expected, Berbiche said. The residential mortgage sector in particular is accelerating due to falling interest rates and housing demand stemming from population growth, he said.