ADDENDA CAPITAL INC.
Contact: Janick Boudreau, CFA
Executive Vice-President
Business Development and Client Partnerships
800 René-Lévesque Blvd. W., Ste 2800
Montréal, QC, H3B 1X9
Phone: 514-908-1989
Fax: 514-287-7200
Email: j.boudreau@addendacapital.com
Website: addendacapital.com
Canadian plan sponsors managed: 47
Fixed income asset classes (CA$M): Universe $1,272.5; mortgages $1,010.9; long $1,059.9; corporate $332.6; liability-driven investments $2,617.0; custom multi-style fixed income $192.2; impact fixed income $31.7; money market $19.2
Fixed income AUM for Canadian pension plans (CA$M): $6,536.0
Manager style: Yield curve, immunized, index, actively managed, fundamental, top-down combined with bottom-up, core, active duration, impact
Ownership: Principals 5%; third-party 95%
Fixed income professional staff: 37
Established: 1985
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $5; separate $20
ALPHAFIXE CAPITAL
Contact: Stéphane Corriveau
President, Managing Director
1800 McGill College, Ste. 2420
Montréal, QC, H3A 3J6
Phone: 514-861-3493
Email: s.corriveau@alphafixe.com
Website: alphafixe.com
Canadian plan sponsors managed: 52
Fixed income asset classes (CA$M): Universe $5,835; core plus $789; bank loans $616
Fixed income AUM for Canadian pension plans (CA$M): $7,240
Manager style: Yield curve, structured products, immunized
Ownership: Principals 100%
Fixed income professional staff: 13
Established: 2008
Performance presentation standards: Relying on the flexibility of its proprietary portfolio management information system (Integra), Alphafixe has always been offering clients the possibility to customize their investment mandates. As claiming GIPS compliance would have required that each of these mandates be included in one of the firm composites, we would have had to maintain many composites. This is why we are not claiming GIPS compliance. As such, although we do not claim GIPS compliance nor produce GIPS compliant performance reports, performance is calculated according to GIPS’ highest standards and methodology.
Minimum investment (CA$M): Pooled $0; separate $50
AMUNDI CANADA INC.
Contact: Tanya Bishop
130 Adelaide St. W, Suite 2207
Toronto, ON, M5H 3P5
Phone: 647-201-4225
Email: tanya.bishop@amundi.com
Website: https://www.amundi.ca/professional
Canadian plan sponsors managed: 8
Fixed income asset classes (CA$M): Global bonds $1,828.1; high yield $82.2; corporate $1,309.6; multi-asset credit $265.5; Canadian (government, provincial, and territorial) and IG corporate bonds $72.15
Fixed income AUM for Canadian pension plans (CA$M): $134.0
Manager style: Yield curve, structured products, immunized, passive, index, quantitative
Ownership: Principals 69%; publicly held 29%; third-party 2%
Fixed income professional staff: 100+
Established: 1950
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $5; separate $100
AVIVA INVESTORS
Contact: Duane Green
CEO, Americas
100 King Street West, Suite 4900
Toronto, ON, M5X 2A2
Phone: 416-643-2770
Email: info@avivainvestors.com
Website: avivainvestors.com/en-ca
Canadian plan sponsors managed: 5
Fixed income asset classes (CA$M): Universe $5,956.6; US bonds $619.3; core plus $1,468.7; corporate $4,341.4; other $308.9
Fixed income AUM for Canadian pension plans (CA$M): $1,154.3
Manager style: Yield curve, immunized, passive, index, duration, cross markets, sector/quality, and security selection. Baker Gilmore manages various types of fixed income strategies such as portfolio managed versus FTSE indices/custom benchmarks, absolute return strategies, structured credit strategies, alternative fixed income and LDI solutions. Baker Gilmore can also manage passive strategies if requested.
Fixed income professional staff: 80+
Established: 1971
Performance presentation standards: GIPS Minimum investment (CA$M): Pooled $0.5; separate $50
BAKER GILMORE & ASSOCIATES INC.
Contact: Jean-Philippe Lemay
Managing Director, Head of Institutional Sales, Global, Connor, Clark & Lunn Financial Group
1800 McGill College Avenue, Suite 1300
Montreal, QC, H3A 3J6
Phone: 514-287-0110
Fax: 514-287-9176
Email: jplemay@cclgroup.com
Website: bakergilmore.com
Canadian plan sponsors managed: 3
Fixed income asset classes (CA$M): Universe $23.1; long $181.3; short-term bond $41.6
Fixed income AUM for Canadian pension plans (CA$M): $246
Manager style: Yield curve, immunized, passive, index, duration, cross markets, sector/quality, and security selection. Baker Gilmore manages various types of fixed income strategies such as portfolio managed versus FTSE indices/custom benchmarks, absolute return strategies, structured credit strategies, alternative fixed income, and LDI solutions. Can also manage passive strategies if requested.
Ownership: Principals 50%; third-party 50%
Fixed income professional staff: 7
Established: 1988
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $5; separate $10
BEUTEL, GOODMAN & COMPANY LTD.
Contact: Kimberley Woolverton
Managing Director, Head of Institutional
2000-20 Eglinton Avenue West
Toronto, ON, M4R 1K8
Phone: 416-545-5367, ext. 367
Email: kwoolverton@beutelgoodman.com
Website: beutelgoodman.com
Canadian plan sponsors managed: 51
Fixed income asset classes (CA$M): Universe $7,830.2; long $1,274.1; core plus $467.2; corporate $650.6; short-term $197.4; money market $1,490.2; Canadian sustainable bond $24.6
Fixed income AUM for Canadian pension plans (CA$M): $10,782.89
Manager style: Yield curve; interest rate anticipation (duration); credit sector allocation; security selection
Ownership: Principals 51%; third-party 49%
Fixed income professional staff: 9
Established: 1967
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $10; separate $25
BMO GLOBAL ASSET MANAGEMENT
Contact: Daniel Stanley
Head of Institutional Sales & Service
100 King Street West
Toronto, ON, M5X 1A1
Phone: 416-418-2354
Email: daniel.stanley@bmo.com
Website: institutional.bmogam.com/ca-en
Canadian plan sponsors managed: 6
Fixed income asset classes (CA$M): Universe $13,045.6; global bonds $233.4; mortgages $248.3; high-yield $233.1; long $830.1; core plus $4,033.2; corporate $678.2; emerging markets debt $56.8; fixed income ETFs $36,040.9; short-term mandates $12,902.3
Fixed income AUM for Canadian pension plans (CA$M): $964.23
Manager style: Yield curve, structured products, immunized, passive, index, quantitative, credit, ESG Passive indices: FTSE Canada Universe Bond Index, FTSE Canada Long Term Federal Bond Index, Bloomberg US Inv Gr 5-10 Corp Index, US IG 5-10 Corp TR Hed CAD Index, FTSE Canada Short Term Corporate Bond Index, FTSE Canada Discount Bond Index, FTSE Canada Mid Term Corporate Index, FTSE Canada All Government Bond Index, FTSE Canada Mid Term Provincial Index, Bloomberg High Yield Very Liquid Index, Bloomberg Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped Index CAD Hedged, FTSE Canada Short Term Provincial Bond Index, FTSE Canada Short Term Federal Bond Index, FTSE Canada Long Term Corporate Bond Index, FTSE Canada Mid Term Federal Bond Index, FTSE Canada Short Term Corporate Bond Index, FTSE Canada Mid Term Corporate Bond Index, FTSE Canada NHA MBS 975, FTSE Canada Long Term Provincial Bond Index, Bloomberg U.S. Treasury TIPS 0, FTSE Canada Non-Agency Real Return Bond Index, FTSE Canada All Corporate Bond Index, US Inv Gr 1-5Y TR Hed CAD, FTSE Canada Short Term Overall Bond Index, Bloomberg US Inv Gr 5-10 Corp Bond Index, Bloomberg U.S. Treasury: 20+ Y Bond Index, FTSE Canada Short Term Corporate Bond Index, Bloomberg Treasury 1-5 Yr Index, Bloomberg MSCI Canada Corporate Bond Index, Bloomberg U.S. Treasury 5-10 Y, Bloomberg MSCI US HY Liq Corp, FTSE Canada Short Term Federal Bond Index, Bloomberg US Treasury 1-5 Yr Index, Bloomberg MSCI US Corporate Sustainable Bond Index, FTSE Canada 1-10 Year Corporate Bond Index, Bloomberg U.S. Treasury 5-10 Y, Bloomberg U.S. Treasury: 20+ Y, Bloomberg U.S. Treasury: 20+ Y, FTSE Canada Short Term Provincial Bond Index, Bloomberg U.S. Treasury TIPS 0, FTSE Canada 1-10 Year Corporate Bond Index, Bloomberg MSCI US HY Liq Corp, Solactive Canada Bank Income I, Bloomberg US Aggregate Total Return Bond Index
Ownership: Principals 100%
Fixed income professional staff: 10
Established: 1982
Performance presentation standards: Part 15 of NI 81-102
Minimum investment (CA$M): Pooled $30; separate $100
BURGUNDY ASSET MANAGEMENT LTD.
Contact: Mike Sandrasagra
Vice President, Global Head of Consultant Relations
181 Bay St., Suite 4510
Toronto, ON, M5J 2T3
Phone: 416-869-3222
Fax: 416-869-1700
Email: msandrasagra@burgundyasset.com
Website: burgundyasset.com
Canadian plan sponsors managed: 81
Fixed income asset classes (CA$M): Universe $584.3; high-yield $114.1; other $1.2
Fixed income AUM for Canadian pension plans (CA$M): $485
Manager style: Fundamental, bottom-up
Ownership: Third-party 100%
Fixed income professional staff: 3
Established: 1990
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $5; separate $10
CANSO INVESTMENT COUNSEL LTD.
Contact: Jason Davis
Portfolio Manager, Vice President Client Service & Marketing
500-100 York Boulevard
Richmond Hill, ON, L4B 1J8
Phone: 905-881-8853
Fax: 905-881-1466
Email: clientservice@cansofunds.com
Website: cansofunds.com
Canadian plan sponsors managed: 93
Fixed income asset classes (CA$M): Private debt $74.2; long $1,344.4; corporate $62,206.9; total $63,625.5
Fixed income AUM for Canadian pension plans (CA$M): $10,945.1
Manager style: Credit analysis and bottom-up fundamental security selection
Ownership: Principals 100%
Fixed income professional staff: 32
Established: 1997
Performance presentation standards: Modified Dietz method as recommended by GIPS
Minimum investment (CA$M): Pooled $10; separate $250
CAPITAL GROUP CANADA
Contact: Mike Tuira
Vice-President, Institutional
Brookfield Place, 181 Bay St., Ste. 3100
Toronto, ON, M5J 2T3
Phone: 647-553-1054
Fax: 213-486-9223
Email: mike.tuira@capgroup.com
Website: capitalgroup.com/ca
Manager style: Yield curve, immunized, credit and fundamental research
Ownership: Principals 100%
Fixed income professional staff: 259
Established: 1931
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $15; separate $125
CI FINANCIAL (CI GLOBAL ASSET MANAGEMENT)
Contact: Terry Krinsky
Vice President
15 York St
Toronto, ON, M5J 0A3
Phone: 416-681-7060
Email: tkrinsky@ci.com
Website: cifinancial.com/ci-gam/ca/en/index.html
Canadian plan sponsors managed: 7
Fixed-income asset classes (CAD$M): Universe $74.0; global bonds $25.5; long $0.2; corporate $149.0
Fixed-income AUM for Canadian pension plans (CAD$M): $104.1
Manager style: Yield curve, structured products, immunized, quantitative
Ownership: Principals 100%
Fixed-income professional staff: 23
Established: 1965
Performance presentation standards: GIPS; verification by The Spaulding Group
Minimum investment (CAD$M): Pooled $2; separate $100
CIBC ASSET MANAGEMENT
Contact: Carlo DiLalla
Managing Director & Head, Institutional Asset Management
161 Bay St., Ste. 2230
Toronto, ON, M5J 2S1
Phone: 416-980-2768
Email: carlo.dilalla@cibc.com
Website: cibcam-institutional.com
Canadian plan sponsors managed: 45
Fixed income asset classes (CA$M): Universe $2,795.91; real return $1,052.92; long $3,783.03; core plus $439.26; corporate $842.78; LDI $7,985.35; money market $35.49; duration pools $140.66; US TIPS $278.03
Fixed income AUM for Canadian pension plans (CA$M): $17,353.43
Manager style: Yield curve, structured products, immunized, passive, index, quantitative, credit, multi-alpha Passive indices: FTSE Universe Bond Index, FTSE Short-term Bond Index, FTSE Long-term Bond Index, FTSE Real Return Bond, Customized Liability Benchmark
Ownership: Publicly held 100%
Fixed income professional staff: 25
Established: 1972
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $10; separate $25
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.
Contact: Jean-Philippe Lemay
Managing Director, Head of Institutional Sales, Global, Connor, Clark & Lunn Financial Group
1800 McGill College Avenue, Suite 1300
Montreal, QC, H3A 3J6
Phone: 514-287-0110
Fax: 514-287-9176
Email: jplemay@cclgroup.com
Website: cclinvest.com
Canadian plan sponsors managed: 40
Fixed income asset classes (CA$M): Universe $2,965.2; high-yield $51.5; long $368.6; core plus $194.0; short-term bond $32.5; absolute return bond $5.3; blended benchmark $1,535.1; money market $69.9
Fixed income AUM for Canadian pension plans (CA$M): $5,222.2
Manager style: Yield curve, quantitative, credit
Ownership: Principals 71%; third-party 29%
Fixed income professional staff: 18
Established: 1982
Performance presentation standards: GIPS Minimum investment (CA$M): Pooled $10; separate $15
DESJARDINS GLOBAL ASSET MANAGEMENT
Contact: Natalie Bisaillon
Managing Director and Chief of Institutional Client Relations
1, Complexe Desjardins, 20th Floor, South Tower
Montréal, QC, H5B 1B2
Phone: 514-214-5742
Fax: 514-281-7253
Email: natalie.bisaillon@desjardins.com
Website: dgam.ca
Canadian plan sponsors managed: 7
Fixed income asset classes (CA$M): Universe $5,835.6; long $4,129.7
Fixed income AUM for Canadian pension plans (CA$M): $9,965.3
Manager style: Yield curve
Ownership: Third-party 100%
Fixed income professional staff: 13
Established: 1998
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $10; separate $25
FIERA CAPITAL CORPORATION
Contact: Sarah Aves
Co-Head of Canadian Institutional Clients
1981 McGill College Avenue, Suite 1500
Montreal, QC, H3A 0H5
Phone: 514-954-6468
Fax: 514-954-9692
Email: saves@fieracapital.com
Website: fieracapital.com
Canadian plan sponsors managed: 210
Fixed income asset classes (CA$M): Universe $2,355.37; global bonds $104.05; real return $231.52; private debt $635.36; long $4,963.62; US bonds $46.76; core plus $650.95; corporate $538.56; other $6,043.77
Fixed income AUM for Canadian pension plans (CA$M): $15,569.97
Manager style: Yield curve, immunized, passive, quantitative, active, security selection, sector allocation Passive indices: FTSE CAN Provincial Short Term (CAD), FTSE CAN Provincial Mid Term (CAD), FTSE CAN Universe All Gov Provincial Bond Index (LT) (CAD), FTSE CAN Universe All Gov Provincial Bond Index (20+) (CAD)
Ownership: Principals 20%; publicly held 80%
Fixed income professional staff: 36
Established: 2003
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $5; separate $20
FOYSTON, GORDON & PAYNE INC.
Contact: Gabriel Lopezpineda
Senior Vice President & Client Relationship Manager, Head of Institutional
1 Adelaide Street East, Suite 2600
Toronto, ON, M5C 2V9
Phone: 416-848-1948
Fax: 416-367-1183
Email: glopezpineda@foyston.com
Website: foyston.com
Canadian plan sponsors managed: 20
Fixed income asset classes (CA$M): Universe $114.7; mortgages $0.2; long $262.5; core plus $45.8; corporate $25.9; preferreds $4.3
Fixed income AUM for Canadian pension plans (CA$M): $453.4
Manager style: Yield curve, credit
Ownership: Principals 43%; third-party 57%
Fixed income professional staff: 6
Established: 1980
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $1; separate $5
FRANKLIN TEMPLETON
Contact: Dennis Tew
Head of Sales, Canada
200 King St. W, Ste. 1400
Toronto, ON, M5H 3T4
Phone: 416-957-6023
Email: dennis.tew@franklintempleton.ca
Website: franklintempleton.ca
Canadian plan sponsors managed: 25
Fixed income asset classes (CA$M): Universe $242; global bonds $2,635; private debt $28; US bonds $65; core plus $735; corporate $10; emerging markets debt $1,709
Fixed income AUM for Canadian pension plans (CA$M): $5,424
Manager style: Yield curve, immunized, index, quantitative; domestic Canadian fixed income; emerging markets debt; global sovereigns; local asset management; mortgages/ABS; corporate high-yield and investment grade; municipals; bank loans and low duration; private credit
Ownership: Principals 36%; publicly held 64%
Fixed income professional staff: 346
Established: 1947
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $1; separate varies by strategy
JARISLOWSKY FRASER
Contact: Dexton Blackstock (Central & Western); Karl W. Gagné (Eastern Canada)
Institutional Business Development
Head Office: 40 Temperance St., 18th floor
Toronto, ON, M5H 0B4
Phone: 1-800-736-8666
Email: info@jflglobal.com
Website: jflglobal.com
Fixed income asset classes (CA$M):
Core: SMID, core bond, core plus, US$ bond, LT bond, sustainable & impact, fossil free; specialized credit: IG corp, credit absolute return, HY, multi-credit, loans & structured product, credit focused L/S; other: customized duration/liability, active IG floating rate, active discount bond
Manager style: Active, fixed income
Ownership: Third-party 100% (Bank of Nova Scotia)
Fixed income professional staff: 15
Established: 1955
Performance presentation standards: GIPS
Minimum investment (CAD$M): Pooled $1; separate $50
LEITH WHEELER INVESTMENT COUNSEL LTD.
Contact: Gary Wong, CFA
Principal, Portfolio Manager – Institutional Clients
Suite 1500 - 400 Burrard Street
Vancouver, BC, V6C 3A6
Phone: 604-683-3391
Email: garyw@leithwheeler.com
Website: leithwheeler.com
Canadian plan sponsors managed: 51 (includes balanced and specialty fixed income clients)
Fixed income asset classes (CA$M): Universe $10,720.1; high-yield $239.8; long $1,846.3; core plus $2,512.0; corporate $115.6; other $1,482.7
Fixed income AUM for Canadian pension plans (CA$M): $3,317.3
Manager style: Yield curve; combination of yield curve, credit and interest rate management
Ownership: Principals 100%
Fixed income professional staff: 9
Established: 1982
Performance presentation standards: GIPS
Minimum investment (CAD$M): Pooled $3; separate $10
MAWER INVESTMENT MANAGEMENT LTD.
Contact: Neeraj Jain
Institutional Portfolio Manager
79 Wellington Street West TD South Tower, Suite 3410, Box 276
Toronto, ON, M5K 1J5
Phone: 416-865-3929
Fax: 416-865-3357
Email: njain@mawer.com
Website: mawer.com
Canadian plan sponsors managed: 25
Fixed income asset classes (CA$M): Universe $777.02; global bonds $86.21; other (includes fixed income assets managed as part of a balanced strategy)
Fixed income AUM for Canadian pension plans (CA$M): $863.23
Manager style: Yield curve, credit
Ownership: Principals 100%
Fixed income professional staff: 7
Established: 1974
Performance presentation standards: GIPS
Minimum investment (CAD$M): Pooled $10; separate $50
MFS INVESTMENT MANAGEMENT CANADA LIMITED
Contact: Andrew Kitchen
Senior Managing Director – Institutional Sales
77 King Street West, 35th Floor, Toronto, ON, M5K 1B7
Phone: 647-253-9162
Email: akitchen@mfs.com
Website: mfs.com
Canadian plan sponsors managed: 18 (includes pension plan clients that have a fixed- income component as part of an asset-mix portfolio)
Fixed income asset classes (CA$M): Universe $661.9; global bonds $38.8; long $549.2; core plus $225.7; Canadian money market $19.7. Core plus assets include both long plus and core plus strategies. Assets provided include fixed income assets that are part of asset-mix portfolios.
Fixed income AUM for Canadian pension plans (CA$M): $1,495.4
Manager style: Asset & sector allocation, security selection, duration & yield curve, region, currency
Ownership structure: Principals up to 20%; third-party (Sun Life Financial) 80%
Fixed income professional staff: 100
Established: 1924
Performance presentation standards: GIPS
Minimum investment (CA$M): Separate: dependent on the strategy
PH&N INSTITUTIONAL (RBC GAM INC.)
Contact: John Skeans, Managing Director
200 Burrard St. - 20th Floor
Vancouver, BC, V6C 3N5
Phone: 604-408-6000
Fax: 604-685-5712
Email: jskeans@phn.com
Website: institutional.rbcgam.com
Canadian plan sponsors managed: 140
Fixed income asset classes (CA$M): Universe $9,273.1; global bonds $517.0; mortgages $1,281.8; private debt $626.8; high-yield $960.5; long $12,347.4; core plus $15,773.0; corporate $6,668.6; emerging markets debt $61.2; other $15,244.6
Fixed income AUM for Canadian pension plans (CA$M): $62,754.13
Manager style: Yield curve, structured products, immunized, quantitative, credit
Ownership: Third-party 100%
Fixed income professional staff: 46
Established: 1964
Performance presentation standards: GIPS
Minimum investment (CAD$M): Pooled: varies by mandate (minimum fee $75,000 per annum); separate: varies by mandate (minimum fee $150,000 per annum)
PICTET ASSET MANAGEMENT
Contact: François Forget
Head of Distribution - Canada
1000 de la Gauchetière West, Suite 3100
Montreal, QC, H3B 4W5
Phone: 514-518-8587
Email: fforget@pictet.com
Website: am.pictet.com
Manager style: Yield curve, index; emerging markets debt; global sovereigns; corporate high-yield and investment-grade; sustainable credit; strategic credit
Ownership: Principals 100%
Fixed income professional staff: 114
Established: 1980 (parent in 1805)
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $1; separate $50
PICTON MAHONEY ASSET MANAGEMENT
Contact: Ralph Daghfal, CFA
Senior Vice-President, Institutional Business
33 Yonge Street
Toronto, ON, M5E 1G4
Phone: 1-866-369-4108
Email: invest@pictoninvestments.com
Website: pictoninvestments.com
Fixed income asset classes (CA$M): Core plus $192; corporate $3,277; event-driven credit $663
Manager style: Active long/short credit and event-driven credit
Ownership: Principals 100%
Fixed income professional staff: 9
Established: 2004
Minimum investment (CA$M): Pooled $10; separate $25
SLC MANAGEMENT
Contact: Véronique Lauzière
Senior Managing Director,
Head of Canadian Business Development and Client Relationships
1 York St., Suite 1100
Toronto, ON, M5J 0B6 /
1155 rue Metcalfe
Montréal, QC, H3B 2V9
Phone: 438-342-1226
Email: veronique.lauziere@slcmanagement.com
Website: slcmanagement.com
Canadian plan sponsors managed: 84
Fixed income asset classes (CA$M): Mortgages $27.0; private debt $3,943.6; US bonds $1,389.2; core plus $35.1; corporate $2,167.4; other $2,195.11
Fixed income AUM for Canadian pension plans (CA$M): $9,757.4
Manager style: Immunized, credit selection
Ownership: SLC Management is an indirect wholly owned subsidiary of Sun Life Financial Inc., a publicly traded company listed on the Toronto (TSX), New York (NYSE), and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Fixed income professional staff: 210
Established: 2013
Performance presentation standards: SLC Management claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards.
Minimum investment (CA$M): Pooled: varies; separate: varies
SLC Management is the brand name for the institutional asset management business of Sun Life Financial Inc. (“Sun Life”) under which Sun Life Capital Management (US) LLC in the United States and Sun Life Capital Management (Canada) Inc. in Canada operate. BentallGreenOak (BGO), Crescent Capital Group LP (Crescent), and InfraRed Capital Partners (InfraRed) are also part of SLC Management. Figures include assets of SLC Management’s collective operations, including Sun Life Capital Management (Canada Inc.) but excluding BGO as their asset data is submitted separately, and InfraRed as their business focus is in infrastructure assets and not standard fixed income.
1These represent separately managed LDI accounts which have significant exposure to corporate bonds, as well as some inflation-linked security exposure in certain accounts. The total also includes assets in the SLC Management Canadian Long Duration Overlay Fund which is a duration extension strategy used in LDI solutions.
STONEBRIDGE FINANCIALContact: Daniel Simunac
Co-CEO
120 Adelaide Street West, Suite 1900
Toronto, ON, M5H 1P9
Phone: 416-519-6161
Email: dsimunac@stonebridge.ca
Website: stonebridge.ca
Fixed-income asset classes (CAD$M): Private debt $3,500
Manager style: Private fixed income
Ownership: Principals 100%
Fixed-income professional staff: 18
Established: 1998
Minimum investment (CAD$M): Pooled $5; separate $25
TD GLOBAL INVESTMENT SOLUTIONS
Contact: Mark Cestnik
Managing Director
161 Bay Street
Toronto, ON, M5J 2T2
Phone: 416-274-1742
Email: mark.cestnik@tdam.com
Website: tdgis.com
Canadian plan sponsors managed: 296
Fixed income asset classes (CA$M): Universe $11,378.1; real return $1,204.9; mortgages $5,371.1; private debt $1,431.3; long $14,632.7; core plus $1,576.8; corporate $545.4; other $43,367.8
Fixed income AUM for Canadian pension plans (CA$M): $79,508
Manager style: Yield curve, immunized, passive
Passive indices: FTSE Canada Universe Bond Index, FTSE Canada All Government Bond Index, FTSE Canada All Corporate Bond Index, FTSE Canada Long Term Overall Bond Index, Short Liability Driven Benchmark – the custom benchmark is a portfolio of provincial bonds that is structured to match the future obligations of a typical Canadian pension plan consisting of a high proportion of retirees, Mid Liability Driven Benchmark – the custom benchmark is a portfolio of provincial bonds that is structured to match the future obligations of a typical Canadian pension plan consisting of a blend of retirees and active members, Long Liability Driven Benchmark – the custom benchmark is a portfolio of provincial bonds that is structured to match the future obligations of a typical Canadian pension plan consisting of a high proportion of active members, FTSE Canada Long Term Corporate Bond Index, 50% FTSE Canada Short Term Corporate Bond Index + 50% FTSE Canada Mid Term Corporate Bond Index , FTSE Canada Universe Bond Index, FTSE Canada 20+ Strip Bond Index, FTSE Canada Real Return Bond Index, FTSE Canada Long Term Government Bond Index, FTSE Canada Long Term Provincial Bond Index, 3x FTSE Canada Long Term Provincial Bond Index minus 2x one-month CDOR, 2 x FTSE Canada Real Return Bond Index – 1 month CDOR, FTSE Canada Mid Term Provincial Bond Index
Ownership: Third-party 100%
Fixed income professional staff: 90
Established: 1987
Performance presentation standards: GIPS
Minimum investment (CA$M): Pooled $17; separate $50 active and $200 passive