Justin Jacobsen, CFA, is the Portfolio Manager of the Pender Alternative Absolute Return Fund. With over 15 years in the investment industry, Justin joined Pender in August 2021.

Justin’s investment approach is centered on a quick response to market dynamics, taking advantage of opportunities and reacting to increased risk. The key is intelligent security selection across capital structures and markets, supported by active investing, as experienced and applied through multiple market cycles. He utilizes strategies such as distressed credit investing, event-driven trading, capital structure arbitrage, and actively works with management teams to help shape positive outcomes for the securities held.

Justin graduated with a BA in Honours History from Western University and an MBA in Finance from Washington State University. He earned his Chartered Financial Analyst designation in 2012.

Articles

Risk markets seem unstoppable

By Justin Jacobsen (Published on 01-28-2026)

Worrisome credit/equity divergence

By Justin Jacobsen (Published on 10-29-2025)

Stretched valuations

By Justin Jacobsen (Published on 09-24-2025)

Defensive positioning in high yield bond market

By Justin Jacobsen (Published on 07-30-2025)

The surprising strength of the risk-asset rally

By Justin Jacobsen (Published on 07-02-2025)

Strong bounce in risk assets could continue

By Justin Jacobsen (Published on 05-27-2025)

Hunting for returns in volatile high-yield bond market

By Justin Jacobsen (Published on 04-23-2025)

Significant bottom in high-yield spreads

By Justin Jacobsen (Published on 03-25-2025)

Catalysts for a risk reset

By Justin Jacobsen (Published on 01-24-2025)

High yield credit: volatility in early 2025

By Justin Jacobsen (Published on 12-18-2024)

Caution advised

By Justin Jacobsen (Published on 11-20-2024)

Curb your enthusiasm in high yield bonds

By Justin Jacobsen (Published on 09-19-2024)

Tight high-yield spreads flash caution signal

By Justin Jacobsen (Published on 04-25-2024)

The risks of elevated fixed-income expectations

By Justin Jacobsen (Published on 12-28-2023)

High-yield market tanks in September

By Justin Jacobsen (Published on 10-25-2023)

Decoding mixed messages in the market

By Justin Jacobsen (Published on 09-27-2023)

Current credit-equity divergence opens opportunity

By Justin Jacobsen (Published on 06-22-2023)

The risk in the risk trade

By Justin Jacobsen (Published on 02-17-2023)