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Our Team

A client focused and performance driven team

Peter Metcalfe

Principal, Co-Chief Investment Officer

Peter Metcalfe is a Principal and Co-Chief Investment Officer at RPIA alongside David Matheson. Peter leads the RP Select Opportunities strategy and is accountable for the firm’s non-investment-grade allocations across all strategies. Before he was appointed Co-CIO, he was the Head of High Yield. He joined the firm in 2012 and is a member of the Investment Committee and Risk Committee.

Peter has been instrumental in the firm’s transition from a Canadian domestic focus to becoming an international asset manager with expertise in global markets. He has driven RPIA’s growth into new asset classes, particularly non-investment-grade credit as the firm expanded its product capabilities with a core focus on credit.

Prior to joining RPIA, Peter was a Managing Director at TD Securities, where he was a senior member of the Credit Products Group, working in London and New York. In his thirteen years with TD, he held steadily increasing responsibilities managing risk capital within a multi-strategy trading group. Peter spent most of his career as the head of the US proprietary trading operations, encompassing credit, convertible, and capital structure arbitrage. He brings a wealth of credit experience across global markets, from his involvement in the inception of the credit derivative markets to eventually running a multi-billion-dollar credit portfolio.

Peter is a Chartered Financial Analyst and holds a Bachelor of Commerce (BCom) degree from Queen’s University.

Peter Metcalfe - headshot

Videos featuring Peter Metcalfe

Rates, Inflation & Strategy Positioning

Notes from the trading desk

February 2022

Peter Metcalfe and Liam O'Sullivan talking at a boardroom table with colourful artwork in the background

Peter Metcalfe summarizes the number or rate hikes baked into bond markets and provides examples of areas of opportunity in this environment.

Opportunities & Flows

Q2 2021 Market Update

July 2021

Two men sitting in a room for Q2 2021 video

Peter Metcalfe, Principal and Head of High Yield, who leads our RP Select Opportunities strategy sits down with Liam O'Sullivan, Principal and Co-Head of Client Portfolio Management, to discuss what happened in the markets during Q2 2021 and what it means for us.