Global Investment Management

Global Investment Management

Letko, Brosseau & Associates Inc. is an independent investment manager founded in 1987. As at June 30, 2019, the firm manages $27.7 billion in assets for more than 410 institutional investors and several thousand private clients. It has offices in Montreal, Toronto and Calgary.
 
Our aim is to safeguard and responsibly grow the assets that our clients have entrusted to us. We are committed to acting ethically, always serving clients’ interests.

Investment Approach

Fundamental
approach

Top-down forecasts of global economies and bottom-up assessment of industries and businesses are key.

International
perspective

Research team organized along global sector lines is optimal.

ESG
integration

Sustainability factors contribute to long-term performance.

Price
sensitivity

Price only has meaning when compared to the underlying economic value of a company's activities.

Longer investment
horizon

Economic forces often become more predictable when viewed over longer periods.

Public-markets
universe

Diversification, liquidity, transparency, low costs and strong governance reduce risk.

$12 billion of value added.
Let’s Talk.

$12 billion of value added.

Independent for 31 years, Letko Brosseau has provided clients long-term
outperformance with investments in Canada and around the world.

We take a disciplined, long-term view based on fundamental research, economic analysis and the deep industry expertise of our multi-disciplinary team.

  • Balanced
  • Global Equity
  • Canadian Equity
  • Emerging Markets Equity
  • Fixed Income

$

27

+

billion in firm assets under management

11.6

%

annualized return for over 31 years

3.6

%

annualized benchmark outperformance

Value added represents the excess return over the weighted average of all clients’ benchmarks for all assets under management gross of fees from Jan 1, 1988 to June 30, 2019.

Performance numbers referenced are annualized and presented in Canadian dollars gross of fees for all assets under management from Jan 1, 1988 to June 30, 2019 and do not refer to any composite. The results in the Portfolio Metrics table are calculated by aggregating all assets, all bonds and all equities, respectively in LBA managed discretionary accounts. The benchmark is the weighted average of all clients’ benchmarks.

Past performance is not a guarantee of future results.

Publications