PenderFund Capital Management Ltd. welcomes a new portfolio manager

VANCOUVER, British Columbia, March 17, 2022 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) is pleased to announce that Patricia Perez-Coutts, CFA, has joined the firm’s investment team as a portfolio manager.

Patricia has a wealth of distinguished experience with over 30 years of experience managing emerging market equities. She joined Westwood Holdings Group, Inc. in 2012 as Senior Vice President and Portfolio Manager and led a team of analysts focused on managing emerging market equity strategies. Previously, she worked at AGF Investment Management for over 10 years, also managing emerging market equity strategies. She has won numerous industry accolades throughout her career, including six consecutive Morningstar Canadian Investment Awards as Senior Vice President and Portfolio Manager of AGF Emerging Markets Fund.

Additionally, Pender welcomes Aman Budhwar, CFA, to the firm’s emerging markets investment team, and Phil Stafford in the role of Principal Trader.

Aman has over 25 years of experience in global and emerging market research, analysis and stock selection. Prior to joining Pender, Aman held positions at AIC Limited, OMERS Capital Markets, AGF Investment Management, Westwood International Advisors Inc. and Winnermax Capital Inc.

Phil has spent over 40 years in the equity, fixed income and derivatives markets, with extensive knowledge and experience leading equity trading and client relations/services teams. Phil joins Pender after seven years as SVP Global Equity Trader at Westwood International Advisors Inc. Previously, he spent eight years at AGF Investment Management as Managing Director – VP of Trading at AGF Investment Management and eight years as Director General – Head of Equity Trading at TD Asset Management. His previous experience includes sales roles at Gordon Capital Corporation and CIBC Wood Gundy.

“We are delighted to have Patricia, Aman and Phil join Pender. Their combined experience and knowledge of emerging markets is a great addition to the Pender team,” commented Felix Narhi, CIO of Pender. “Patricia’s investment approach is fully aligned with The Pender Way. We are also particularly pleased with her focus on impact investing, as it relates to very important environmental and social issues and concerns. from emerging markets.”

“I’m thrilled to join an innovative and insightful team like Pender’s,” said Patricia. “Working hand-in-hand with this group of talented investors, we aim to provide meaningful and rewarding investment vehicles to our loyal and long-standing client base.”

About PenderFund Capital Management Ltd.
Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia. Our goal is to protect and grow the wealth of our investors over time. We have a talented investment team of expert analysts, stock pickers and independent thinkers who actively manage a suite of differentiated investment funds, exploiting inefficient parts of the investment universe to achieve our goal. Please visit

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For more information, please contact:

Melanie Moore
Vice President of Marketing, PenderFund Capital Management Ltd.
[email protected]
(604) 688-1511
Toll Free: (866) 377-4743