FERIQUE Fund managers are carefully chosen after a rigorous selection process based on their asset class expertise. In addition, an internal monitoring process assures investors that manager selection remains in compliance with Fund policies and objectives.
FERIQUE funds under management:
Addenda Capital manages investment assets on behalf of pensions, insurance and other institutions as well as high net worth clients. Their approach to sustainable investment focuses on integrating environmental, social and governance issues into our investment processes. Their mission is to add value through independent research, active management, innovation, discipline and integrity and to nurture genuine partnerships with our clients. With offices in Montréal, Guelph, Toronto and Regina, with a team of more than 50 investment professionals, Addenda Capital offers tailor-made portfolios using a broad range of asset classes and strategies.
Addenda and its sub-advisor Rogge Global Partners are involved in the management of the Diversified Income Fund. Rogge Global Partners is a leading global fixed income company based in London, UK. Founded in 1984, the 120-employee firm manages assets totaling over US $ 35 billion from its offices in London, New York, Singapore and Frankfurt.
FERIQUE funds under management:
Baker Gilmore & Associates Inc. (Baker Gilmore) is one of Canada's largest specialty fixed income managers with over $4.5 billion in assets under management. Founded in 1988, the Montreal-based firm has established a long track record of adding value across a wide range of mandates for variety of clients, including mutual funds, pension funds, insurance companies, corporations and non-profit institutions.
Baker Gilmore’s primary goal is to provide superior investment performance and service to its clients. The firm’s investment approach combines fundamentally driven, subjective forecasts of the key factors driving bond market returns with a rigorous portfolio construction process to meet client risk and return objectives.
Nomura was founded in 1959 to meet the growing demand for investment funds in Japan. Today, the firm is active worldwide and serves large institutional and individual clients—managing over $200 billion in total assets.
Nomura actively manages the FÉRIQUE Asian Fund, taking a diversified approach to fundamental analysis. Nomura seeks to invest in undervalued securities with compelling fundamentals.
FERIQUE funds under management:
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 40 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating back to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services.
Lazard Asset Management (LAM), an indirect subsidiary of Lazard Ltd, provides investment management and advisory services to institutional clients, financial intermediaries, private clients and investment vehicles around the world. As of March 31, 2014 LAM and affiliated asset management companies in the Lazard Group managed US$189 billion worth of client assets.
Lazard manages European Funds in June 2014. Lazard uses a diversified management style, selecting securities of companies that have a high and sustainable long-term return on investment, combined with an interesting valuation in relation to securities of other companies.
Vancouver-based Connor, Clark & Lunn Investment Management (“CC&L”) was established in 1982 and has grown to be one of Canada’s largest privately owned money management firms. The firm offers a diverse array of investment solutions including fixed income, equity (fundamental and quantitative), balanced and alternative investment strategies. As at March 31, 2015, assets under management totalled approximately $36 billion.
CC&L is part of the Connor, Clark & Lunn Financial Group Ltd. (“CC&L Financial Group”), a multi-boutique asset management company that provides a broad range of public and private market investment services. The CC&L Financial Group and its affiliates are collectively responsible for the management of approximately $60 billion in assets.
Integra Capital Limited and its subadviser Columbia Threadneedle Investment (jointly “Columbia Threadneedle”) are involved in the management of FÉRIQUE American Fund since May 1, 2013. With assets totalling over 300 billion CAD, Columbia Management (www.columbiamanagement.com) is a reputed US Equity manager based in Boston, Massachussetts.
Columbia manages 65% of FÉRIQUE American Fund using a core investment strategy based on the selection of quality companies that are temporarily out of favor in the market. The strategy is based entirely on stock selection. Therefore, the sector and industry positioning is a resultant of this approach and of the risk management process.
Established in 1924, MFS is an active, global investment manager with research offices in Boston, Hong Kong, London, Mexico City, São Paulo, Singapore, Sydney, Tokyo and Toronto. With more than 90 years of active management experience, their results and investment expertise reflect an unwavering commitment to finding the best, most durable investment opportunities for their clients in the years ahead.
They employ a uniquely collaborative approach to build better insights for their clients. Drawing on the three core tenants of their global research platform, they offer a broad range of investment solutions across geographies and asset classes. Their investment approach is driven by: integrated research, global collaboration and active risk management.
Montrusco Bolton Investments Inc. (MBII) is a portfolio management firm serving institutional and private investors whose origins date back to 1946. It is from its head office located in Montreal that MBII manages all of its assets under management, representing approximately $5 billion. The firm also extends its services in Toronto and Calgary.
MBII manages one-third of the FÉRIQUE Equity Fund since April 2007. Its portfolio consists of shares of Canadian small and large capitalization companies. Characteristic of MBII management is its investment philosophy, "Ownership Investment," which emphasizes the quality of the companies selected and the rigor of its management process.
River Road (www.riverroadam.com) is a respected U.S. investment manager based in Louisville, Kentucky. The firm works with close to 150 institutional clients, and its assets under management total approximately CA$5 billion.
Representing 35% of the FÉRIQUE American Fund’s total assets, the portfolio is invested in a diversified selection of all capitalization, income producing securities. The portfolio adviser uses a value-driven, bottom-up approach to identify companies that pay high and growing dividends, are financially strong, are trading below their absolute value, have an attractive business model, and have shareholder-oriented management.
River Road Asset Management, LLC is involved in the management of the FERIQUE American Fund since September 29, 2011, the first three years as sub-advisor of Aviva Investors Canada Inc., and now as portfolio manager since September 29, 2014.
Founded in 1928, Wellington Management Company, LLC is one of the largest private investment managers in the world. The company focuses exclusively on managing investments, from global equity to fixed-income securities, through hedge funds, currency and commodity portfolios. Its professionals’ know-how has earned the firm a solid reputation for discipline and skill. Its independent research work, carried out by a group of seasoned analysts, is the cornerstone of its approaches to management.