ALLIANCE BERNSTEIN L.P.
Contact: Wendy Brodkin
Managing Director
Address: 200 Bay Street, North Tower, Suite 1200, Toronto, ON, M5J 2J2
PH: 647-375-2803
Email: wendy.brodkin@alliancebernstein.com
Web: alliancebernstein.com/americas/en/institutions/home.html
Managed US assets since: 1971
US asset clients: 9
US equities: Small Cap Value, $156M; Core, $160M
US bonds: Real Estate, $67M; Alternatives, $667M
Total US assets: $1,030M
Passive products: S&P North America Technology Sector; US Aggregate Bond Index; US Bond Index; US Index – DJ REITs; US Index – MSCI US IMI; US Index – Russell 1000; US Index – Russell 1000 Growth Index; US Index – Russell 1000 Value; US Index – Russell 3000 Index; US Index – S&P 500; US Mid Cap Index – S&P 400; US Small and Mid Cap Index; US Small Cap Index – Russell 2000; US Small Cap Index – S&P 600; US Structured Equity
Other assets managed: Global, Global ex-US, EAFE, Emerging Markets, Regional, Single Country Regional
BEUTEL, GOODMAN & COMPANY LTD.
Contact: Craig Auwaerter
Senior Vice President, Client Service & Business Development
Address: 2000–20 Eglinton Avenue, Toronto, ON, M4R 1K8
PH: 416-932-6342
Fax: 416-485-1799
Email: cauwaerter@beutelgoodman.com
Web: beutelgoodman.com
Managed US assets since: 1985
US asset clients: 14
US equities: Large Cap Value
Total US assets: $2,571M
Other assets managed: Canadian Equity, International Equity, Global Equity, Canadian Fixed Income, US Fixed Income (Core Plus), Money Market, Dividend Focused, Balanced
BURGUNDY ASSET MANAGEMENT LTD.
Contact: Mike Sandrasagra
VP, Head of Canadian Institutional Group
Address: 181 Bay Street, Suite 4510, Toronto, Ontario, M5J 2T3
PH: 416-869-8980
Fax: 416-869-1700
Email: msandrasagra@burgundyasset.com
Web: burgundyasset.com
Managed US assets since: 1996
US asset clients: 18
US equities: Large Cap Value, $167M; Small Cap Value, $1,427M
Total US assets: $1,594M
Other assets managed: Global Equities, EAFE Equities, European Equities, Asian Equities, Canadian Equities, Emerging Market Equities, High Yield, Fixed Income, Money Market
CAPITAL GROUP CANADA
Contact: Kevin Martino
Vice-President, Institutional
Address: Brookfield Place, 181 Bay Street, Suite 3100, Toronto, ON, M5J 2T3
PH: 416-815-2128
Fax: 213-486-9223
Email: kevin.martino@capgroup.com
Web: capitalgroup.com/ca
Managed US assets since: 1931
US asset clients: 2
US equities: Core: $20M
US bonds: Active
Total US assets: $19.7M
Other assets managed: Global Equity, Canadian Equity, International Equity, Emerging Markets, Multi-Asset, Fixed Income
CIBC ASSET MANAGEMENT
Contact: Carlo DiLalla, Managing Director and Head, Institutional Asset Management
Address: 161 Bay Street, Suite 2230, Toronto, ON, M5J 2S1
PH: 416-980-2768
Email: carlo.dilalla@cibc.com
Web: cibcam-institutional.com
Managed US assets since: 1988
US asset clients: 10
Total US assets: $834M
US equities: Large Cap Value, $425M; Passive, $409M
Passive products: S&P 500, Russell 3000 Value
Other assets managed: Money Market, Canadian Fixed Income, Liability Driven Investments (LDI), Private Debt, Canadian Equity, EAFE Equity, Currency Overlay, Asset Mix Overlay, Global Tactical Asset Allocation, Balanced, Multi-Asset Absolute Return Strategy, Asian Equities, Commodities, Global Equity Growth
CLARION PARTNERS
Contact: Hugh Macdonnell
Managing Director
Address: 230 Park Avenue, New York, NY 10169
PH: 212-883-2500
Email: hugh.macdonnell@clarionpartners.com
Web: clarionpartners.com
Managed US assets since: 1982
US asset clients: 16
Total US assets: $4,382M
Other assets managed: Solely focused on real estate
Federated Hermes Inc.
Contact: David Gregoire
Vice-President
Address: 1001 Liberty Avenue, Pittsburgh, PA 15317
PH: 416-527-1150
Fax: 412-288-1093
Email: David.Gregoire@FederatedHermes.com
Web: federatedhermes.com
Cdn pension fund clients: 3
US Bonds: Active, Real Estate, Short-term Securities, Cash
Total Pension Assets: $10,676M. Total Federated Hermes Inc. "Retirement" assets: $88,601M. Note: Federated Hermes manages approximately $2.6 (CAD) billion on behalf of three Canadian Pension Plan clients. These clients have a total of seven accounts in alternative – real estate, alternative – private equity, global high yield, and global equity ESG.
Managed US assets since: 1995
Other Assets Managed: Federated Hermes has honed its disciplined investment process to deliver style-consistent investment products, including 174 equity, fixed-income, multi-asset, money market, and alternative/private market portfolios, as well as a variety of separately managed accounts. Federated Hermes manages international, global and domestic products across approximately 60 asset class categories, including Emerging Markets, EAFE, Private Equity, Trade Finance, ESG, Stable Value, Global and Domestic High Yield, Structured Strategies, etc.
Fidelity Canada Institutional
Contact: Michael Barnett
Executive Vice-President, Institutional
Address: 483 Bay Street, Toronto, ON, M5G 2N7
PH: 416-217-7773
Email: michael.barnett@fidelity.ca
Web: institutional.fidelity.ca
Canadian pension fund clients: 74 (doesn’t include fund of funds clients)
For how many Canadian clients do you currently manage US assets? 9 (doesn’t include fund of funds clients)
US Equities: Core, $455.15M; Large Cap Growth, $390.06M
US Bonds: Active
Other: US active bonds, $574.06M
US AUM for Cdn Pension Funds: $1,419.27M
Total pension fund AUM: $39,867.49M
Passive/index management products used by your firm: Fidelity Canada Institutional offers several index strategies spanning across factors by region, fixed income, and thematic investing.
Relationships with other managers: Fidelity Investments Canada (“FIC”), the company encompassing Fidelity Canada Institutional, has sub-advisory agreements for the management of FIC funds with the following entities: Fidelity Management & Research Company LLC (“FMR”), FIL Limited, Geode Capital Management LLC and State Street Global Advisors Ltd
Time managing US assets for Cdn clients: 35 + years
Other asset classes managed: Canadian Equities, US Equities, EAFE Equities, Global Equities, International Equities, Emerging Markets Equities, Single Country/Regional Mandates, Canadian Fixed Income, US Fixed Income, Global Fixed Income, Emerging Market Debt, Canadian Money Market, US Money Market, Canadian Balanced, Global Balanced, Real Estate, Market Neutral Mandates, Institutional/Retail Lifecycle, liquid alternatives, distressed debt, High Yield, Leveraged Loans, Inflation-Sensitive Bonds, Private Credit, Global Sovereigns, ETF, Cryptocurrency ETFs/ETF Funds, Sector Mandates, ESG
FIERA CAPITAL
Contact: Colin Miller
Head of Sales
Address: 1981 McGill College Avenue, Montreal, QC, H3A3A8
PH: 514-954-3300
Fax: 514-954-9692
Email: cmiller@fieracapital.com
Web: fieracapital.com/en
Managed US assets since: 2009
US asset clients: 14
US equities: Core, $0.8M; Large Cap Growth, $912.6M; Mid Cap Growth, $4.7M;
Total US assets: $918.2M
Foyston, Gordon & Payne Inc.
Contact: Kimberley Woolverton, CFA
Executive Vice President, Head of Distribution
Address: 1 Adelaide Street East, Suite 2600, Toronto ON, M5C 2V9
PH: 416-848-1936
Fax: 416-367-1183
Email: kwoolverton@foyston.com
Web: foyston.com
Managed US assets since: 1980
Canadian pension fund clients: 23
For how many Canadian clients do you manage US assets? 9
US Equities: All Cap Value, $354M
Total US AUM for Cdn Pension Funds: $354M
Total pension fund AUM: $1,754M
Other assets managed: EAFE equities, Global equities, Global smaller companies, Canadian equities, Canadian equities excluding energy, Canadian equities with a dividend focus, Canadian small-cap equities, Money market, Short-term bonds, Mortgages, Universe bonds, Core plus bonds (short term and long term), Long-term bonds, Corporate bonds, Preferred shares
FRANKLIN TEMPLETON
Contact: Dennis Tew
Head of Sales, Canada
Address: 200 King Street West, Suite 1400, Toronto, ON, M5H 3T4
PH: 416-957-6023
Email: dennis.tew@franklintempleton.ca
Web: franklintempleton.ca
Managed US assets since: 1947
US asset clients: 6
US equities: Large Cap Value, $701M; All Cap Value, $1M; Core, $17M; All Cap Growth, $1,973M
US bonds: Active; Active US Bonds, $86M
Total US assets: $2,778M
Other asset classes managed: Balanced
Mandates, Canadian Equity, Canadian Fixed
Income, Emerging Market Equity, Emerging
Market Debt, Global Fixed Income, Global Equity,
Global Real Estate, Hedge Funds, International
Equity, Retirement Target Date/Risk Portfolios,
ETFs, Infrastructure, Private Debt, Private Equity,
Custom/Direct Indexing & Local Asset Management
GUARDIAN CAPITAL LP
Contact: Robin Lacey, Head,
Institutional Asset Management
Address: 199 Bay Street, Commerce Court West, Suite 2700, Toronto, ON, M5L 1E8
PH: 416-947-4082
Fax: 416-364-9634
Email: rlacey@guardiancapital.com
Web: guardiancapital.com
Managed US assets since: 1984
US asset client: 1
Total US assets: $1.0 M
Other assets managed: EAFE, Emerging Markets, Global, Canadian, US
HILLSDALE INVESTMENT MANAGEMENT INC.
Contact: Harry Marmer
EVP
Address: 1 First Canadian Place, 100 King Street West, Suite 5900, PO Box 477,
Toronto, ON, M5X 1E4
PH: 416-913-3907
Fax: 416-913-3901
Email: hmarmer@hillsdaleinv.com
Web: hillsdaleinv.com
Managed US assets since: 1996
US asset clients: 11
US equities: Core, $578M
Total US assets: $578M
Other assets managed: Specializes in systematic, bespoke investment strategies, including extension mandates
LEITH WHEELER INVESTMENT COUNSEL LTD.
Contact: Gary Wong
Associate Portfolio Manager, Institutional Clients
Address: 400 Burrard Street, Suite 1500, Vancouver, BC, V6C 3A6
PH: 604-683-3391
Fax: 604-683-0323
Email: garyw@leithwheeler.com
Web: leithwheeler.com
Managed US assets since: 1994
US asset clients: 39
US equities: Large Cap Value, $601.7M; Mid Cap Value, $23.3M
US bonds: Active, Short-term Securities,
Passive, Cash
Total US assets: $625M
Passive products: IVV
Other assets managed: EAFE, EM, and Global Equity
MAWER INVESTMENT MANAGEMENT LTD.
Contact: Neeraj Jain
Institutional Portfolio Manager
Address: 79 Wellington Street West, TD South Tower, Suite 3410, Box 276, Toronto, ON M5K 1J5
PH: 416-865-3929
Fax: 888-999-6657
Email: njain@mawer.com
Web: mawer.com
Managed US assets since: 1992
US asset clients: 29
US equities: core: $1,209.5M
Total US assets: $1,209.5M
Other assets managed: International Equity, EAFE Large Cap, Emerging Markets, Global Small Cap, US Equity, US Mid Cap, Canadian Equity, Canadian Small Cap, Balanced, Fixed Income, Private Equity (for Canadian investors)
T. ROWE PRICE
Contact: Lauren Bloom
Head of Canada
Address: 77 King Street West, Suite 4240, TD North Tower, Toronto, ON M5K1G8
PH: 647-355-6887
Email: lauren.bloom@troweprice.com
Web: troweprice.com
Managed US assets since: 1937
US asset clients: 10
US Equities: Large Cap Value, $607M; Large Cap Growth, $458M
Total US assets: $7.9BB in US Equity
Other assets managed: Global Equity, International Equity, US Equity, Emerging
Markets Equity and Global Fixed Income, Emerging Market Bonds, MultiAsset, Private Credit
Additional US Equity Asset Levels: US Large Cap Core Equity C$2.6B, US Mid Cap Growth C$3.2B, US Small Cap Core C$680M, US SRS (Structured Research Equity) Ext C$339M, US Value C$607M, US Large Cap Core Growth C$435M
TD GLOBAL INVESTMENT SOLUTIONS
Contact: Mark Cestnik
Managing Director
Address: 161 Bay Street, 34th Floor, Toronto, ON M5J 2T2
PH: 416-274-1742
Email: mark.cestnik@tdam.com
Web: tdgis.com
Managed US assets since: 1994
US asset clients: 103
US equities: Core, $373M; Passive, $13,983M
Other: Derivative Equity and Currency Overlay, $5,753.3M
Total US assets: $14,355.8M
Passive Products: TD Emerald US Market Index Fund, TD Emerald Pooled US Fund, TD Emerald Hedged US Market Index Pooled Fund Trust, TD Emerald Hedged US Market Index Pooled Fund Trust
Other assets managed: Canadian and US Money Market; Canadian Bonds; High Yield Bonds; US Bonds, Global Bonds, Canadian Equities, International Equities – EAFE and China; Global Equities, Emerging Market Equities, and alternative investments such as Private Debt, Mortgages, Real Estate, and Infrastructure
VAN BERKOM GLOBAL ASSET MANAGEMENT
Contact: Andy Kong
Senior Director, Institutional Markets
Address: 600 Boulevard de Maisonneuve West, Montreal, QC H3A 3J2
PH: 514-991-5754
Fax: 514-985-2430
Email: akong@vanberkomglobal.com
Web: vanberkomglobal.com
Managed US assets since: 2000 (US Small Cap); 2017 (Small and Mid Cap)
US asset clients: 11
US equities: Core, $2,905.9M
Total US assets: $2,905.9M
Other assets managed: Canadian small cap equities, Global small cap equities, Greater China all cap equities