BMO expands Canadian high-yield team with additions of Atack and Kerr

By Toni Weeks

San Diego, April 6 - BMO Capital Markets is expanding its high-yield business in Canada with the additions of Dan Atack as managing director and Piper Kerr as director to the company's leveraged finance distribution and trading team, according to a press release.

Both Atack and Kerr will be based in Toronto and will be responsible for trading Canadian-issued high-yield bonds, while working closely with the company's syndicate and debt capital markets and sales teams.

"The demand for Canadian-issued high-yield bonds is a fast-growing segment of our business across North America," David Weiss, head of BMO Capital Markets' leveraged finance distribution and trading, said in the release. "As debt markets grow more specialized, our clients are coming to us for innovative trading ideas because of our market-leading expertise."

Atack, who joined BMO in 1992, has been a high-yield trader and senior portfolio manager at the company's high-yield asset manager, HIM Monegy, and, more recently, oversaw the North American and European corporate credit derivative books. He earned a bachelor of commerce degree from Queen's University.

Kerr joined BMO in 1996 and has been a high-yield trader and assistant portfolio manager with HIM Monegy. She was also a CDS trader for the North American and European corporate credit derivative books. Kerr earned a master's in business administration from the Schulich School of Business.

BMO's high-yield business is based in New York and Toronto.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.