Our analysts are typically recruited straight from university after they have completed their graduate studies. They are more readily available at this stage than after having begun a career. We are able to hire the best and brightest. We can train them, evaluate their judgment and measure their interest and ability to become good investment managers. Accordingly, the assets are managed by a team of professionals specialized by industry, who have learned their field of study in various parts of the world and have extensive knowledge of the sectors and economic regions they evaluate.
The investment committee is composed of all the Investment Analysts and Portfolio Managers and meets once a week to review the work that has been completed on certain investments and to discuss the results of various analyses, including macro-economic data. Their discussions focus on determining additions to and subtractions from the model portfolio, security weightings, what general direction the economy is headed in, and the general strategies that should be applied in managing the portfolios.
Mr. Brosseau is a graduate of both the engineering (B.Sc. Industrial Eng.) and business schools (MBA) of the Université de Montreal. He joined the CN Investment Division in 1978 and was involved in virtually all areas of activity of the Division. He reported to the President and, in his last year with the Division, he combined the functions of Manager, Oil and Gas, Manager, Private Placements, and Manager, International Investments. As a senior manager of the Division since 1981, he was actively involved in setting overall investment policy for the CN Pension Fund. From 1981 to 1987, he was particularly active in the oil and gas industry and set up the pension fund’s wholly-owned oil and gas subsidiary. He founded Letko Brosseau with Mr. Letko in 1987.
Mr. Letko is a graduate of McGill University (B.Com.) and also a CFA® charterholder. He joined the CN Investment Division in 1972 and was involved in virtually all areas of the CN Pension Fund’s activities. He reported to the President as Manager, Investments. As a senior member of the Pension Fund’s staff, he had responsibilities in the determination of investment policy for the Fund, as well as specific responsibilities for the management of both private and publicly traded equities. He also represented the Pension Fund as a director on the boards of companies in diverse industries including leasing, real estate, oil and gas, and venture capital. He founded Letko Brosseau with Mr. Brosseau in 1987.
Mr. Khuller is a graduate of McGill University (MBA) and Delhi College of Engineering (B.Eng.), and also a CFA® charterholder. Prior to joining the firm in 1998, he worked full-time with Carrier Aircon Ltd. and also gained experience through internships at Suzuki India, Indian Airlines and Bank of America. Mr. Khuller is currently dedicated full-time to the Letko Brosseau Emerging Markets Equity Fund, for which he oversees portfolio construction, risk management and overall strategy.
Mr. Lebrun is a graduate of the Université de Sherbrooke (M.Sc., Finance) and is also a CFA® charterholder. Prior to joining the firm in 2000, he worked as an analyst for the Bank of Canada pension fund (1993-1995), for the treasury department of Avenor Inc., now part of Resolute Forest Products Inc. (1995-1998), and as an analyst with UBS Bunting Warburg Inc. in their forest-products research department (1998-2000).
Mr. Lebrun is a graduate of the Université de Sherbrooke (M.Sc., Finance) and is also a CFA® charterholder. Prior to joining the firm in 2000, he worked as an analyst for the Bank of Canada pension fund (1993-1995), for the treasury department of Avenor Inc., now part of Resolute Forest Products Inc. (1995-1998), and as an analyst with UBS Bunting Warburg Inc. in their forest-products research department (1998-2000).
Mr. Kaczor is a graduate of HEC Montréal (M.Sc., Finance) and the Université de Montreal (B.Sc., Economics and Political Science), and is also a CFA® charterholder. Prior to joining the firm in 2010, he was a member of the government and corporate finance team at Casgrain & Company Ltd.
Ms. Krassiouk is a graduate of McGill University (MBA, Finance) and Moscow State Mining University (Economics and Engineering, mining industry), and is also a CFA® charterholder. Prior to joining the firm in 2003, she worked as a credit analyst for the financial services arms of AT&T Capital and Fiat.
Ms. Uy is a graduate of McGill University (MBA, Finance) and De La Salle University in Manila, Philippines (B.Sc., Manufacturing Engineering and Management). She is also a CFA® charterholder and a holder of the FSA Credential. Prior to joining the firm in 2004, Ms. Uy held positions at Panasonic Audio Video (S) Pte Ltd. as a project manager, and as a process and product development engineer in the firm’s research-and-development division.
Mr. Brosseau is a graduate of Sherbrooke University (Bachelor of Engineering, biotechnology), McGill University (MBA, Finance) and is also a CFA®
charterholder. Prior to joining the firm in 2018, he was Senior Associate, Private Equity, at Sectoral Asset Management, where he first started as an intern and then as associate. Previously, Olivier held positions as an intern at Laurentian Bank Securities and production planner at L'Oréal.
Mr. Cyril is a graduate of HEC Montréal (M.Sc., Financial Economics) and McGill University (Bachelor of Mechanical Engineering), and is also a CFA® charterholder. Prior to joining the firm in 2014, he worked in the aerospace, distribution and management-consulting industries.
Mr. Kraljevic is a graduate of York University’s Schulich School of Business (MBA) and the University of Toronto (B.Sc., Pharmacy and M.Sc., Pharmacoeconomics), and is also a CFA® charterholder. Prior to joining the firm in 2012, he practiced pharmacy at the Centre for Addiction and Mental Health in Toronto, and was involved in retail pharmacy at both an operational and managerial level. Mr. Kraljevic was director of business development at GMD, a specialty pharmaceutical distributor in Oakville, ON.
Mr. Letko, a graduate of Columbia University (Executive MBA), University College Dublin (MA, Economics) and McGill University (BA, Economics), is a CFA® charterholder. Prior to joining the firm in 2018, he worked in equity research at Barclays in New York, where he covered the oil & gas industry from 2015 to 2018. Previously, he was an associate with the economic research team at Evercore ISI in New York (2013–2015).
Mr. Sachdeva is a graduate of McGill University (MBA, Finance & Strategy), the University of Delhi (Master of Business Economics) and Uttar Pradesh Technical University (Bachelor of Technology, Electronics & Communication). He is also a CFA® charterholder and a holder of the FSA Credential. Prior to joining the firm in 2015, he was an intern at Fiera Capital with the foreign equity team. Previously, he spent more than four years working mostly in banking and financial services in India.
Mr. Swishchuk is a graduate of York University’s Schulich School of Business (MBA, Finance and a Graduate Diploma in Financial Engineering), and York University (BBA, minor in Mathematics), and is also a CFA® charterholder. Prior to joining the firm in 2013, he was Vice-President, Interest-Rate Trading with TD Securities. Previously, he completed internships in debt capital markets at RBC Capital Markets and in corporate credit at DBRS.
Ms. Xu is a graduate of HEC Montréal (M.Sc. Finance) and Fudan University (Bachelor of International Economics). She is also a CFA® charterholder and a holder of the FSA Credential. Before joining the firm in 2013, she worked for HSBC Bank (China) from 2009 to 2011, focused on retail banking strategy and investment advisory.
Mr. Dashwood is a graduate of McGill University (MBA, Finance) and the University of British Columbia (B.Sc., Geology). Prior to joining the firm in 2016, he worked in mining and mineral exploration in British Columbia, the Northwest Territories and the Yukon Territory.
Mr. Scanterbury is a graduate of the University of Toronto (MA, Economics) and Queen’s University (BA, Economics and Biology). Prior to joining the firm in 2017, he worked in corporate law as a legal intern at Chown Cairns LLP.
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