Media Release - IFIC Welcomes New Members
November 21, 2016
Toronto, ON - November 21, 2016 - The Investment Funds Institute of Canada (IFIC) announces that Natixis Global Asset Management Canada and Picton Mahoney Asset Management have joined IFIC.
On behalf of our board and membership, I am pleased to welcome Natixis Global Asset Management Canada and Picton Mahoney Asset Management, said Paul C. Bourque, president and CEO. IFIC provides a forum for industry participants to work together to effectively serve investors needs. Each new member and affiliate broadens our understanding of industry concerns, and strengthens our ability to represent the full spectrum of industry and investor interests.
Natixis Global Asset Management Canada, formerly NexGen Financial Limited Partnership, which was acquired by Natixis Global Asset Management in 2014, has approximately $1 billion assets under management. Headquartered in Paris and Boston, Natixis Global Asset Management is ranked among the worlds largest asset management firms with $897 billion in AUM (as of September 30, 2016) and serves thoughtful investment professionals with more insightful ways to understand and manage risk.
Founded in 2004 and 100% employee owned, Picton Mahoney Asset Management is entrusted with over $7 billion in authentic hedge solutions, fortified mutual funds, and institutional long only assets. In addition to its head office in Toronto, the firm also has business offices in Calgary, Montreal and Vancouver.
We look forward to the input of these two companies as the industry works together to empower investors to make sound financial decisions and to promote a strong and stable investment sector, Bourque added.
The Investment Funds Institute of Canada is the voice of Canadas investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canadas savers to Canadas economy, our industry contributes significantly to Canadian economic growth and job creation. The organization is proud to have served Canadas mutual funds industry and its investors for more than 50 years.
For more information:
Sara Clodman, Senior Manager, Public Affairs: email@example.com 416-309-2317For more information contact
Senior Manager, Public Affairs
The Investment Funds Institute of Canada (IFIC)
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