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About
LetkoBrosseau

By the Numbers

33.1B

USD value added[1] to client portfolios

100+

Employees

16

Years of average tenure per team member

39

Investment professionals

39

Years experience managing client portfolios

Data current as of September 30th, 2026.

[1] Cumulative gross investment gains represent the total growth in value of LetkoBrosseau-managed accounts from January 1, 1988, to September 30, 2026, expressed in USD. This figure is calculated by taking the aggregate ending market value of all accounts under management and adjusting for net external cash flows: we subtract cumulative contributions (to exclude client capital) and add back cumulative withdrawals (as these represent value already distributed to clients). This metric reflects wealth growth from investment activity before the deduction of investment management fees, but including reinvested earnings and tax refunds. Further methodology details are available upon request.

Our Story

Founded in 1987, LetkoBrosseau is an independent, employee-owned investment management firm committed to safeguarding and responsibly growing the assets entrusted to us. Our global client base includes pension funds, unions, endowments, foundations, Indigenous trusts, and high net worth individuals, among others. The firm’s offices are located in Montreal, Toronto, and Calgary.

From the outset, our clients have benefited from a philosophy centred around fundamental principles of investment. We believe in paying reasonable prices for high-quality, growing businesses. We strive for long-term value creation through rigorous bottom-up research conducted by our team of highly-skilled investment professionals, informed by in-house macroeconomic insights, and applied consistently with discipline across market cycles. We invest globally, with diversification playing a key role in portfolio construction and risk management. We prefer the transparency, liquidity, and high governance standards of public markets, while our investment time horizon is long term, allowing us to sidestep short term market noise and focus on compounding our clients’ capital.

Since inception, LetkoBrosseau investment decisions have generated more than $33 billion in gains on investments for its clients1.

This consistency is matched by an enduring commitment to our clients. Our relationships are our greatest asset – and we are grateful for our clients’ trust. As responsible stewards of capital, we prioritize alignment and transparency; we are employee-owned, and we co-invest a significant amount of our own savings alongside our clients in the exact same strategies. This ensures that we only do well when our clients prosper.

[1] Cumulative gross investment gains represent the total growth in value of LetkoBrosseau-managed accounts from January 1, 1988, to September 30, 2026, expressed in USD. This figure is calculated by taking the aggregate ending market value of all accounts under management and adjusting for net external cash flows: we subtract cumulative contributions (to exclude client capital) and add back cumulative withdrawals (as these represent value already distributed to clients). This metric reflects wealth growth from investment activity before the deduction of investment management fees, but including reinvested earnings and tax refunds. Further methodology details are available upon request.

Our Investment Principles

LetkoBrosseau’s six guiding investment principles have a key role in our investment decision-making and are applied consistently across all asset classes, for all clients.

Fundamental Approach

Detailed, bottom-up research drives security selection

ESG Integration

Assessing ESG factors is crucial in building risk profiles

International Perspective

Critical for investing in today’s globalized economy

Long Investment Horizon

Patience is often rewarded through compounding

Price Sensitivity

Investment decisions based on assessment of intrinsic value

Public-Markets Universe

Privileging diversification, liquidity, transparency, low costs and strong governance

Responsible Investing

As stewards of capital, we have a responsibility to ensure our investments reflect our clients’ values. Furthermore, we believe that companies with strong corporate governance and responsible management of material environmental and social issues have better success and deliver stronger financial performance over time.

We have long implemented sustainability factors into our investment process, which is reflected in our well-developed ESG policies and our ongoing engagement with portfolio companies. The firm is a signatory to the PRI and a member of the Canadian Coalition for Good Governance.

ESG Integration

Creating long-term value

Policies

Ensuring good governance

Reports

PRI and LetkoBrosseau reports

Our Team

Executive Team

Daniel Brosseau

MBA

President

Joined the firm in 1987
Industry experience of 48 years

David Després

CFA

Executive Vice PresidentPartner

Joined the firm in 2001

Isabelle Godin

CPA

Vice President – Operations and CFOPartner

Joined the firm in 1997

Rohit Khuller

CFA, MBA

Vice President – Investment ManagementPartner

Joined the firm in 1998

Stéphane Lebrun

CFA

Vice President – Investment ManagementPartner

Joined the firm in 2000

How We Serve You

Unwavering commitment to clients
Experienced team of investment professionals
Proprietary, bottom-up and macro research
Independent
Co-investment alongside clients
Employee-owned

Press

Recent Announcements

Private Clients & Family Offices

Partner with an investment counsellor who understands your need to protect and grow wealth over time.

Institutional Investors

Work with an experienced team using a research-based, fundamental investment approach with a focus on valuation.

Meet the Team

Who is LetkoBrosseau?