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Artwork for PenderFund
Artificial Intelligence
Canadian Armed Forces
US Small and Mid Cap Equities
National Security
Global Growth Re-Acceleration
Geopolitics
Software
Tokenization
Stablecoins
Bonds
Stocks
Pender US Small Mid-Cap Equity Fund
Small Caps
Large Language Models
Active Management
Fixed Income
Commodities
Energy Transition
Canada
Arctic

PenderFund's Podcast is focused on investing. We never stop learning and through these conversations we share the insights that shape our investment process. We interview industry experts and business leaders, and we cover public and private equities, small cap stocks, technology, fixed income, risk, value and more in the search for an investment edge and to make us all better-informed investors.

PublishesTwice monthlyEpisodes100Founded8 years ago
Number of ListenersCategories
InvestingBusiness

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Artwork for PenderFund

Latest Episodes

Rethinking Diversification in a Correlated World

Pender's CIO and Portfolio Manager, Greg Taylor spoke with Associate Client Portfolio Manager, Laura Baker to discuss how the Pender Alternative Multi-Strategy Income Fund and the newly launched Pend... more

YouTube

Dispersion, Discipline, and Downside Protection in an Overcrowded Market

In a market dominated by mega-cap concentration and AI-driven narratives, this episode explores the overlooked opportunity set within US small and mid cap equities. Portfolio... more

YouTube

Building Resilient Portfolios and Managing risk Through Market Cycles

In this episode, Laura Baker, Associate Client Portfolio Manager and Greg Taylor, CIO and Portfolio Manager, explore approaches to active investing, risk management, and generat... more

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Artificial intelligence, productivity, and the next capital cycle

In this episode, Laura Baker, Associate Client Portfolio Manager, spoke with Toufic Boubez, Venture Partner at Pender Ventures, where they explored how artificial intelligence is re... more

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Exploring how tokenization is reshaping ownership and financial infrastructure

In this episode, we discuss an important, and yet misunderstood idea at the intersection of technology and finance: tokenization. While much of the conversation around d... more

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Valuation dispersion, software pessimism, and shifting capital flows may be setting the stage for a new cycle in small-cap investing.

In this episode, Associate Client Portfolio Manager, Laura Baker speaks with CEO and Portfolio Manager, David Barr... more

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Defense Strategy, Global Tension & Investor Implications

In this episode of the Pender Podcast, Laura Baker, Associate Client Portfolio Manager, is joined by Retired Vice Admiral Mark Norman to discuss Canada's evolving defense landscape and why it... more

YouTube

Navigating Macro Uncertainty, Thematics, and Standout Performers

In this episode, Laura Baker, Associate Client Portfolio Manager, is joined by Amar Pandya, Portfolio Manager, and Ruben Gomez Garcia, Equity Analyst, to break down the major themes, ... more

Key Facts

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Recent Guests

Aman Budhwar
Portfolio Manager, US Small and Mid Cap Equity Fund at Pender
PenderFund
Episode: Pender Equity PM Series: The Case for US Small & Mid Cap Equities
Greg Taylor
Chief Investment Officer and Portfolio Manager
PenderFund
Episode: Find Opportunity in Volatile Markets
Toufic Boubez
Venture partner at Pender Ventures; veteran in machine learning, cloud architecture, and enterprise software
Pender Ventures
Episode: The Intelligence Economy
Sébastien Davies
Venture investor at Primal focusing on financial infrastructure and digital assets
Primal
Episode: What Is Digital Ownership? A Guide to Tokenization
Dave Barr
CEO and portfolio manager, Small Cap Opportunities strategy
PenderFund
Episode: Small Caps, AI, and Software Opportunity
Admiral Mark Norman
Retired Vice Admiral, Royal Canadian Navy; defense and national security expert
Global Affairs Institute (board/advocacy)
Episode: Canada on the Front Line with Retired Vice Admiral Mark Norman
Amar Pandya
Portfolio Manager
Penderfund
Episode: Resilience & Opportunity: Q3 2025 Insights from Pender's Small/Mid Cap Team
Ruben Gomez Garcia
Equity Analyst
Penderfund
Episode: Resilience & Opportunity: Q3 2025 Insights from Pender's Small/Mid Cap Team
Callum Thomas
Founder and President of Topdown Charts, a chart-driven macro research house
Topdown Charts
Episode: Profiles in Credit - The Annual Sit Down with Callum Thomas - 2025

Host

Laura Baker
Host of the podcast and Associate Client Portfolio Manager at Pender

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The Rational Reminder Podcast
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The Canadian InvestorBraden Dennis & Simon Belanger

Talking Points

Recent interactions between the hosts and their guests.

Small Caps, AI, and Software Opportunity
Q: How do you translate private-equity rigor to public markets, especially for small caps?
We bring a business-centric approach: talk to customers, understand competitors and strategies, assess the team, and ensure the investment thesis can endure over years. It's about durability, not quick flips, and buying at attractive prices.
Small Caps, AI, and Software Opportunity
Q: Starting off, how would you describe yourself as an investor today?
I'm focused on finding businesses with long runways that we can identify early in the compounding process, particularly in small caps, where mispricings offer upside. I avoid a strict 'value' label and instead aim for attractive prices and strong fundamentals.
Pender Podcast - Celebrating the 1 Year Anniversary of Pender US Small/Mid Cap Equity Fund
Q: How do you identify special situations and undervalued opportunities in the US small/mid-cap space?
We start with a robust framework to find sustainable competitive advantages, perform deep due-diligence by talking to management, assess incentives, and build a 15- to 35-name portfolio with a strong coverage list to catch new ideas.
Pender Podcast - Celebrating the 1 Year Anniversary of Pender US Small/Mid Cap Equity Fund
Q: What do you think has been the key drivers of that consistency?
The consistency has come from a disciplined investment framework developed over decades, which pays attention to risk management, allows for compounding growth in growth industries, and maintains a long-term perspective across cycles.
The Intelligence Economy
Q: What is the practical difference between AI as a tool and AI as a core driver of a product?
AI becomes core when a company's product relies on AI agents and workflows to perform essential tasks; if the AI component fails, the product fails, unlike merely adding a feature that uses AI.

Audience Metrics

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Frequently Asked Questions About PenderFund

What is PenderFund about and what kind of topics does it cover?

This program centers on investing, portfolio construction, and market intelligence with a focus on practical frameworks for stock selection, risk management, and active management. Across episodes, listeners are exposed to disciplined approaches to US and global equities, with emphasis on small- and mid-cap opportunities, AI-driven themes, software and technology trends, macro context, and fixed income strategies. Notable throughlines include a bottom-up, thesis-driven investment process, downside protection, and the integration of industry-specific themes (AI, healthcare, defense, energy transition) into portfolio construction. The show often features fund managers and investors who translate complex market dynamics into actionable ideas, ... more

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These podcasts share a similar audience with PenderFund:

1. Art of Boring
2. Planet MicroCap Podcast | MicroCap Investing Strategies
3. MicroCapClub
4. This Week in Intelligent Investing
5. Yet Another Value Podcast

How many episodes of PenderFund are there?

PenderFund launched 8 years ago and published 100 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on PenderFund?

Recent guests on PenderFund include:

1. Aman Budhwar
2. Greg Taylor
3. Toufic Boubez
4. Sébastien Davies
5. Dave Barr
6. Admiral Mark Norman
7. Amar Pandya
8. Ruben Gomez Garcia

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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