Letko Brosseau is an independent investment manager founded in 1987. The firm manages $27.1 billion in assets for more than 395 institutional investors and several thousand private clients and has offices in Montreal, Toronto and Calgary. Our results over the last 31 years have been remarkable.
Not only have we kept pace with the markets during this time but we have added more than $12.5 billion in additional value to our clients' portfolios.
Our balanced strategy has ranked in the 1st percentile over 20 years amongst one of the industry’s largest and most comprehensive universes of Canadian pension plans But results are only part of the story. Wishing for good returns says little on how to achieve them. The true story is in the purpose, the values and the discipline we bring to the investment process.
Canada is a well-governed, resource-rich country full of entrepreneurial spirit.
Its deep financial markets have been a great place to invest.
Independent for 32 years and managing total assets of approximately $27 billion, Letko Brosseau has provided clients long-term outperformance with investments in Canada and around the world. We take a long-term view based on fundamental research, economic analysis, and the deep industry expertise of our talented team.
Also managing Balanced, Global Equity, Emerging Markets Equity & Fixed Income.
billion in assets Canadian equity composite assets
annualized return for 25 years
annualized benchmark outperformance
Performance results referenced above are annualized and presented in Canadian dollars gross of fees for the Letko Brosseau Canadian Equity Composite from October 1, 1995 to December 31, 2019. This $8.6 billion composite includes all discretionary Canadian equity mandates with asset mix targets for fixed income securities of less than 10%. The benchmark since inception is 2% FTSE Canada 91 Day T-Bill Total Return Index and 98% S&P/TSX Composite Total Return Capped Index. Past performance does not guarantee future results.
*Peer comparison universe is the RBC Investor & Treasury Services Canadian Equity Funds Active Equally Weighted Universe, dated December 31, 2019.