Biography
Justin Jacobsen, CFA, is the portfolio manager of the Pender Alternative Absolute Return Fund. Previously, he worked as a senior portfolio manager at one of Canada’s largest pension fund managers. During his four-year tenure, he was responsible for managing a high-yield focused credit strategy. Jacobsen's investment approach is based on quick response to market dynamics, taking advantage of opportunities and reacting to increased risk. He utilizes strategies such as distressed credit investing, event-driven trading, and capital structure arbitrage, and actively works with management teams to help shape positive outcomes for the securities held. Jacobsen graduated with a BA in Honours History from Western University and an MBA in finance from Washington State University. He earned his CFA designation in 2012.
Now may be a great time to stockpile excess capital to tactically deploy in the coming months if the opportunity set improves.