Fund Managers
We combine our expertise with that of leading portfolio managers to offer you investment solutions with optimal risk/return characteristics.
As with your investments, we favour a long-term strategy for selecting and monitoring portfolio managers. They are carefully chosen and a rigorous monitoring process ensures that their choices remain consistent with the policies and objectives that govern the FÉRIQUE Funds line-up.
Our portfolio manager selection criteria
Proud to be a pioneer in the field of responsible investment in Quebec, all of our portfolio managers integrate ESG criteria into their investment processes, according to their own philosophy.
FÉRIQUE Fund managers
All FÉRIQUE Fund managers and sub-manager ("managers") are carefully chosen following a rigorous evaluation process and based on their expertise in the asset classes concerned.
Founded in 1996, Addenda Capital is a privately owned investment management firm that manages assets for various organizations, including pension funds, private wealth clients, insurance companies, corporations, foundations, and First Nations. The firm provides access to a wide range of asset classes, including fixed income, equities, and commercial mortgages, which are leveraged to develop innovative investment solutions to meet the evolving needs of clients. Addenda’s team of 170+ employees is located across Canada, from its head office in Montreal to Toronto, Guelph, and Regina.
A recognized leader in sustainable investing, Addenda is committed to responsible wealth creation, in close partnership with clients. We favour a disciplined approach to long-term wealth creation based on fundamental research and thorough risk evaluation that integrates environmental, social, and governance (ESG) factors when applicable.
Addenda Capital is the portfolio manager for a portion of the FÉRIQUE Canadian Bonds Fund.
Addenda Capital and its sub-advisor, Insight Investment International Limited, manage the FÉRIQUE Globally Diversified Income and FÉRIQUE Canadian Bond Funds. Insight Investment International Limited, a leading global asset manager with offices across the world, is recognized internationally in both liability-driven investment (LDI) and fixed income.
Addenda Capital also serves as the sub-manager for the money market part of the FÉRIQUE Conservative, Balanced, and Aggressive Growth Portfolios.
FÉRIQUE Fund under management:
FÉRIQUE Globally Diversified Income
FÉRIQUE Canadian Bond
FÉRIQUE Conservative, Balanced and Aggressive Growth Portfolios (for the money market part)
Founded in 2008, AlphaFixe Capital is a Quebec-based investment management firm specializing in fixed income. It serves institutional clients through a diversified range of products. The entrepreneurial spirit and dynamism that drives AlphaFixe are an alternative for investors looking for a partner to accompany them through the issues that concern them.
Their investment philosophy is inspired in part by the consequences of the 2008 financial crisis and is based on a rigorous risk management process. The concepts of capital preservation and flexibility in executing their strategies are constantly guiding them and are transposed into internal management models that are both sophisticated and accessible.
At AlphaFixe, the integration of environmental, social, and governance (ESG) factors into investment decisions dates back to the firm's inception and is therefore an integral part of its mission and values. In fact, AlphaFixe became a signatory to the United Nations Principles for Responsible Investment in 2009 and is committed to all six principles.
FÉRIQUE Funds under management:
FÉRIQUE Global Sustainable Development Bond
Baker Gilmore & Associates Inc. (Baker Gilmore) is one of Canada's largest specialty fixed income managers. Founded in 1988, the Montreal-based firm has established a long track record of adding value across a wide range of mandates for 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.
FÉRIQUE Funds under management:
FÉRIQUE Canadian Bond
FÉRIQUE Moderate and Growth Portfolios (for the money market part)
BMO Global Asset Management is a multi-asset management business focused on meeting the needs of investors, both locally and globally. The business is characterized by specialized, regional investment teams providing a range of investment solutions, with the objective of delivering world-class investment management expertise to clients across North America, Europe, Asia/Pacific, and the Middle East.
The strategies it applies today demonstrate its commitment to offering new ideas and fresh perspectives. These include a host of outcome-focused solutions, pioneering capabilities, and long-standing success stories such as
the world’s first publicly quoted investment vehicle, which it still manages today.
BMO Global Asset Management and its sub-advisor, Columbia Threadneedle Management Limited, are involved in the management of a portion of the FÉRIQUE Global Sustainable Development Bond.
FÉRIQUE Funds under management:
FÉRIQUE Global Sustainable Development Bond
CIBC Asset Management Inc. (CIBC) is a Canadian-based investment firm that
offers a broad range of investment solutions within and across asset classes. The firm was founded in 1972 and began serving institutional clients in 1973. The company has numerous institutional clients, including pension funds, foundations, and sub-advisory mandates (mutual funds, etc.) with other financial institutions.
CIBC manages the FÉRIQUE Short-Term Income Fund, seeking to add value primarily through bank and short-term corporate credit securities.
FÉRIQUE Fund under management:
FÉRIQUE Short-Term Income
Columbia Threadneedle Investments manages investments for institutions, pension funds, sovereign wealth funds, and endowments and foundations. With investment professionals sharing global perspectives across all major asset classes and markets, as well as bespoke solutions matched to clients specific requirements.
Columbia Threadneedle Investments manages a part of the FÉRIQUE American Equity Fund and the FÉRIQUE International Equity Fund as a sub-advisor.
The American equity strategy targets long-term capital appreciation by investing primarily in large-cap U.S. companies that have fallen out of favour but remain fundamentally strong.
The International equity strategy targets companies with durable or improving competitive advantages, high or rising returns on invested capital, and sustainable growth potential.
FÉRIQUE Fund under management:
FÉRIQUE American Equity
FÉRIQUE International Equity Fund
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.
CC&L is part of 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.
FÉRIQUE Fund under management:
FÉRIQUE Canadian Equity
Franklin Templeton Investments Corp. is a Canadian subsidiary of Franklin Resources, Inc. [NYSE:BEN]. Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments, which provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes - including equity, fixed income, alternative and custom solutions.
The company's investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network.
FÉRIQUE Fund under management:
FÉRIQUE Canadian Equity
Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers with over $2.6 trillion in Assets Under Supervision. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients worldwide with a dedicated partnership and focus on long-term performance. Our investment solutions include fixed income, money markets, public equity, commodities, hedge funds, private equity, and real estate. Our clients access these solutions through our proprietary strategies, strategic partnerships, and our open-architecture programs.
GSAM manages a part of the FÉRIQUE International Equity Fund, selecting securities that offer attractive dividend yields relative to those of other companies.
FÉRIQUE Fund under management:
International Equity Fund
Founded in 1998, Impax Asset Management (Impax) is a specialist asset manager focused on investing in the transition to a more sustainable global economy. Impax believes that fundamental analysis that incorporates long-term risks, including environmental, social, and governance (ESG) factors, enhances investment decisions. Across investment portfolios, Impax seeks to invest in higher-quality companies with strong business models and sound risk management.
FÉRIQUE Fund under management:
FÉRIQUE Global Sustainable Development Equity
Jarislowsky Fraser Global Investment Management, founded in Montreal in 1955, manages institutional and private portfolios using a conservative and rigorous investment approach grounded in excellence in fundamental research. The firm distinguishes itself through its in-depth analysis of Canadian companies, focusing on aspects such as the quality of management teams, growth prospects, and financial strength. This research discipline remains central to its investment process.
Since its inception, Jarislowsky Fraser Global Investment Management has applied a long-term investment philosophy that prioritizes high-quality companies with sustainable earnings and dividend growth, while limiting portfolio turnover and placing particular emphasis on risk management. The integration of environmental, social, and governance (ESG) factors, as well as shareholder engagement, are also integral to its approach. Owned by Scotiabank since 2018, Jarislowsky Fraser Global Investment Management benefits from strong financial and operational foundations, further supporting the firm’s stability, long-term growth, and its ability to invest in its teams and investment management processes.
FÉRIQUE Fund under management:
FÉRIQUE Canadian Dividend Equity
River Road is a respected U.S. investment manager based in Louisville, Kentucky.
River Road manages a part of the FÉRIQUE Amerian Equity Fund. 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, trade below their absolute value, feature attractive business models, and have shareholder-focused management.
FÉRIQUE Fund under management:
FÉRIQUE American Equity
Founded in 1982, 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 conducted by a group of seasoned analysts, is the cornerstone of its management approaches.
Wellington manages the FÉRIQUE World Dividend Equity Fund with a diversified, dividend-biased approach, as well as the FÉRIQUE Global Innovation Equity Fund.
FÉRIQUE Fund under management:
FÉRIQUE World Dividend Equity
FÉRIQUE Global Innovation Equity