This week we continue our conversation with Edwin Cass, Chief Investment Strategist, Canada Pension Plan Investment Board. Mr. Cass is responsible for CPPIB’s overall fund level investment strategy. He also chairs the Investment Planning Committee, which approves all new investment programs and oversees all portfolio risks, including passive, active, credit and liquidity risk. Second of two parts – View part one
The Lead Left: What’s your overall view of credit right now?
Edwin Cass: Credit helps diversify our asset mix by providing exposure to volatility and credit spread returns. I also think there are opportunities for relative returns in the credit space. For example, our Antares Capital team can take advantage of the illiquidity premiums and sourcing opportunities in the middle market. They are experienced in seeking credit investments to generate security specific returns.