Fonds alternatif liquide

Market Insights The first half of the year had a little of everything. We have all come to expect the unexpected under President Trump but the events that have unfolded caught even the most cynical off guard. Heading into 2026, one of the consensus calls was that the Federal Open Market Committee (FOMC) would cut […]

Market Update The month of May felt an awful lot like April, and it’s not just the weather. April was a positive month that saw equity markets recover most, if not all, of the March losses stemming from the US-Iran war concerns. Turning the calendar over to May, many market observers were calling for more of a pause. The […]

Market Insights The month of May felt an awful lot like April, and it’s not just the weather. April was a positive month that saw equity markets recover most, if not all, of the March losses stemming from the US-Iran war concerns. Turning the calendar over to May, many market observers were calling for more […]

Chers porteurs et porteuses de parts, Le Fonds alternatif à rendement absolu Pender a affiché un rendement de -0,4 %1 en mai pour établir son cumul annuel à 0,7 %. En mai, l’euphorie s’est maintenue sur le marché en mai, les dépenses apparemment sans limite en IA faisant le bonheur des investisseurs...

The Pender Alternative Special Situations Fund returned 1.1%1 in May, compared to the S&P/TSX Composite, which rose 2.5% during the month. Like most months this year, May brought heightened volatility driven by inflation concerns and geopolitical uncertainty. Heading into the month, there were concerns that equity markets were due for a pause. However, once again […]

Market Update The equity market rally that closed out the month of March continued through April. This rally has baffled many and is becoming a notable example of what is referred to as the ‘pain trade’. Given recent headlines, many investors had gone defensive. Yet, against all odds, markets finished the month near all-time highs. […]

The Pender Alternative Special Situations Fund returned 9.2%1 in April, compared to the S&P/TSX Composite, which returned 3.8% during the month. Markets remained highly volatile in April as investors continued to navigate the aftereffects of the sharp geopolitical and macroeconomic repricing that defined the first quarter. While energy markets partially stabilized following the fragile ceasefire […]

hers porteurs et porteuses de parts, Le Fonds alternatif à rendement absolu Pender a affiché un rendement de -2,0 %1 en avril pour établir son cumul annuel à 1,1 %. L’engouement exceptionnellement fort pour le risque, malgré le bouleversement persistant et grandissant du marché mondial de l’énergie, a instauré un climat difficile pour le Fonds. Le marché du crédit a atteint ses limites au début d’avril alors même que les actions poursuivaient

Dear Unitholders, The Pender Alternative Arbitrage Fund and the Pender Alternative Arbitrage Plus Fund were -0.1% and 0.0%1 respectively in April 2026 while the HFRI ED: Merger Arbitrage Index (USD) returned 2.3%2. M&A Market Update Global M&A activity continued at its near historic record pace with over $1.8 trillion of global deal activity through the […]