Portfolio Managers

The top names in the business, working for you.

Desjardins Funds combine our expertise with that of some of the world's top investment portfolio managers. This know-how is put to work for you, to offer a range of innovative and competitive funds, for a portfolio that's right for you.

  • $73 billion in assets under management1
  • Headquartered in Montréal, Canada
  • 28 investment professionals
Desjardins Global Asset Management

Renowned for in-depth analysis, Desjardins Global Asset Management has become a major Canadian market player.

The team is united by the values of discipline and diligence.

With a client base consisting primarily of Desjardins Group entities, Desjardins Global Asset Management strives to generate competitive returns while carefully weighing risk/return ratios.

Areas of expertise

  • Fixed-income securities and equity investment management
  • Developing strategies based on beta strategy management
  • Developing custom investment strategies
  • Risk-adjusted return optimization
  • Structuring portfolios and developing investment policy
  • Consulting on financial product development

Mandate(s) assigned to this portfolio manager2

  • $583 billion in assets under management 1
  • Headquartered in Aberdeen, Scotland
  • 986 investment professionals
Aberdeen Asset Management Inc.

Aberdeen is a global asset management expert serving clients consisting primarily of retirement funds, foundations, mutual funds and individuals.

Its investment process is unique in its consistent approach, regardless of market conditions.

The firm’s management teams are local to the markets they invest in.

Guiding principles

  • Onsite visits with executives of target companies before investing
  • Bottom-up fundamental factor approach
  • Securities held over a long horizon (low turnover)
  • Evaluations based on in-house research

Mandate(s) assigned to this portfolio manager2

  • $241 billion in assets under management 1
  • Headquartered in Edinburgh, Scotland
  • 117 investment professionals
Baillie Gifford Overseas

Founded in 1908, Baillie Gifford Overseas invests in companies with a sustainable competitive edge in their industry along with high earnings and cash flow growth.

The firm’s investment philosophy is to add value over the long term by actively managing investments.

Its growth management style is based on a bottom-up fundamental approach.

Mandate(s) assigned to this portfolio manager2

  • $6,903 billion in assets under management1
  • Headquartered in New York City
  • 1,386 investment professionals
BlackRock Financial Management

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide.

BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles.

The firm has approximately 12,100 employees in more than 30 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.

Mandate(s) assigned to this portfolio manager2

  • $150 billion in assets under management1
  • Headquartered in New York, U.S.
  • 72 investment professionals
ClearBridge Investments

ClearBridge Investments is a well-established global investment manager with a legacy dating back over 50 years.

A signatory to the UN’s Principles for Responsible Investment since 2009, ClearBridge specializes in actively managing low-volatility products, income portfolios and responsible investment mandates.

Mandate(s) assigned to this portfolio manager2

  • $56 billion in assets under management1
  • Headquartered in New York City, USA
  • 38 investment professionals
Epoch Investment Partners

Founded in 2004, the firm was acquired in 2013 by TD Asset Management.

Epoch Investment Partners prefers a bottom-up strategy based on intrinsic company value and dividend income in particular.

The team analyzes the health of each target company as if it were an individual gauging an acquisition.

Before investing, the manager gets to know the company’s operations and ensures the financial statements are reliable.

The management approach is designed to optimize returns while maintaining low volatility.

Diversification and risk control are key in the portfolio construction process, characterized by low turnover of securities.

Mandate(s) assigned to this portfolio manager2

  • $117 billion in assets under management1
  • Headquartered in Montréal, Canada
  • 88 investment professionals
Fiera Capital Corporation

In Canada, Fiera Capital Corporation is one of only a handful of independent investment firms providing expertise in fixed-income, Canadian and foreign equity, asset allocation and non-traditional investment solutions.

Its strategies are tailored to asset class, market capitalization and desired management style.

Research is core to all management processes.

In-house economic and market research determines asset allocation, which is designed to maximize returns while preserving capital.

Mandate(s) assigned to this portfolio manager2

  • $197 billion in assets under management1
  • Headquartered in Sydney, Australia
  • 229 investment professionals
First State Investment (Colonial First State Asset Management (Australia))

A subsidiary of Commonwealth Bank of Australia, First State Investments manages equity, fixed income, real estate and infrastructure mandates.

Its client base consists of institutional investors, pension funds, distribution networks, financial advisors and their clients.

In 2007, First State Investments put together an investment team specializing in listed infrastructure securities management.

This team has established a robust and distinctive investment process that rank each company according to value and quality criteria. Fundamental research provides an in-depth understanding of each company, its industry and its positioning.

Mandate(s) assigned to this portfolio manager2

  • $19 billion in assets under management1
  • Headquartered in Montréal, Canada
  • 13 investment professionals
Hexavest

Founded in 2004, Hexavest specializes in tactical asset management, handling Canadian and foreign equity management mandates.

In its top-down analysis, Hexavest reviews the macroeconomic environment, company valuations and markets (by industry and by country), while factoring in investor sentiment.

Portfolio construction is 80%-based on that top-down analysis and 20% on a bottom-up securities selection analysis.

Both the highest and lower ranked securities undergo meticulous reviews and fundamental research.

The focus is on capital protection.

The firm is renowned for delivering on many sources of value added while reducing portfolio risk.

Mandate(s) assigned to this portfolio manager2

  • $8 billion in assets under management1
  • Headquartered in London, England
  • 15 investment professionals
Impax Asset Management

Founded in 1998, Impax Asset Management is a leading investment firm.

A signatory to the UN’s Principles for Responsible Investment since 2008, Impax specializes in resource optimization and responsible investment products.

It has offices in London, Hong Kong, New York and Portland. Impax is a proud holder of a Queen’s Award for Enterprise: Sustainable Development and numerous other prestigious industry accolades.

Mandate(s) assigned to this portfolio manager2

  • $38 billion in assets under management1
  • Headquartered in Montréal, Canada
  • 24 investment professionals
Jarislowsky Fraser Ltd.

Founded in 1955, Jarislowsky Fraser manages equity, bond and asset allocation mandates.

A leader in corporate governance and defender of minority shareholder rights, the firm specializes in Canadian equity management with a conservative approach.

It serves a wide range of clients – mutual funds, pension funds, foundations and private investors.

Its objective is long-term capital growth while maintaining low risk.

Speculative securities are avoided and selecting financially sound companies minimizes overall portfolio risk.

This strategy is combined with extensive in-house securities analysis.

Mandate(s) assigned to this portfolio manager2

  • $226 billion in assets under management1
  • Headquartered in New York City, USA
  • 253 investment professionals
Lazard Asset Management LLC

A subsidiary of Lazard Group, the firm is recognized primarily for equity management and security selection focused on financial productivity and valuation.

It prefers to invest in companies rather than markets.

Strategies are grounded in disciplined analysis combined with a thorough investment approach.

Clients of the firm, which also manages fixed-income securities, alternative strategies, private wealth and asset allocation mandates, include distribution networks, institutional investors and high net worth individuals.

Its active management model focuses on team work and the free flow of ideas.

Lazard Asset Management also act as expert advisor to provide asset allocation recommendations for the Chorus II Portfolios.

Mandate(s) assigned to this portfolio manager2

  • $5 billion in assets under management1
  • Headquartered in Oakville, Canada
  • 10 investment professionals
Lincluden Investment Management

Founded in 1982, Lincluden Investment Management manages a range of asset classes – fixed income, Canadian and international equities.

Drawing on a rigorous process, effective risk management and solid research, the firm is successful in maintaining high performance.

It measures the intrinsic value of securities by determining the current value of sustainable cash flows.

Investment strategies

  • Investing at a discount in companies with high dividend payouts
  • Investing with a long-term focus
  • Correctly identifying undervalued securities

Mandate(s) assigned to this portfolio manager2

  • $59 billion in assets under management1
  • Headquartered Geneva, Switzerland
  • 120 investment professionals
Lombard Odier Asset Management (Europe)

Lombard Odier Asset Management (Europe) Limited ("LOAM") is a subsidiary of the Lombard Odier Investment Managers Group (“LOIM”), the asset manager of private bank Lombard Odier. Founded in 1796 and headquartered in Geneva, Switzerland, Lombard Odier is one of Europe’s biggest private banks.

The firm is renowned for its expertise in several asset classes and strategies, including bond and equity markets, hedge funds and private investments. It was one of the first portfolio management firms to use strategic beta approaches in managing investment strategies.

Mandate(s) assigned to this portfolio manager2

  • $130 billion in assets under management1
  • Headquartered in Chicago, USA
  • 15 investment professionals
LSV Asset Management

Founded in 1994, LSV Asset Management favours a quantitative approach and value management style.

The firm targets undervalued equities that offer potential for short-term appreciation. These securities will generate above-average returns, provided their future growth outpaces low market expectations.

The team uses in-house models built on research by the firm’s founders.

These models consider investor behaviour and the results of contrarian investment strategies.

Mandate(s) assigned to this portfolio manager2

  • $9 billion in assets under management1
  • Headquartered in Paris, France
  • 50 investment professionals
Mirova

Mirova is a wholly owned subsidiary of Natixis Asset Management specializing in responsible investment.

It has developed an engaged approach to responsible investment, designed to combine value creation and sustainable development.

Mirova has been a signatory to the UN’s Principles for Responsible Investment since 2013.

Mandate(s) assigned to this portfolio manager2

  • $1,967 billion in assets under management (PIMCO)1
  • Headquartered in Newport Beach, USA
  • 354 investment professionals worldwide
PIMCO Canada Corp.

Founded in 2004, the firm is a subsidiary of Pacific Investment Management Company (PIMCO).

Known as one of the world’s largest fixed-income securities managers, PIMCO is a global investment solutions provider focused on a single mission: to manage risks and deliver returns for their clients. The firm manages investments for a wide range of clients.

Their time-tested investment process guides both cyclical (short-term) and secular (three- to five- year) macroeconomics views. These forecasts are combined with in-depth research, security analysis and portfolio risk management.

PIMCO’s global scale is a clear advantage, enhancing its ability to drive value added.

Mandate(s) assigned to this portfolio manager2

  • $6 billion in assets under management1
  • Headquartered in Toronto, Canada
  • 9 responsible investment specialists
NEI Investments

NEI is owned 50% by Desjardins Group and 50% by provincial credit unions.

Its team of responsible investing specialists is the largest in the country.

It analyzes companies against environmental, social and governance or “ESG” criteria.

The firm favours active management, maintains a constant eye to risk and strives to provide investors competitive returns and ensure peace of mind.

Mandate(s) assigned to this portfolio manager2

  • $644 billion in assets under management1
  • Headquartered in New York City, USA
  • 455 investment professionals
Sanford C. Bernstein & Co.

Bernstein is a global firm serving institutional and individual investors.

With a presence around the world, the firm is experienced in identifying investment opportunities and providing innovative solutions.

Its research platform is among the most sophisticated in the industry, covering fundamental, quantitative and economic research.

Its fixed-income team is a bond management leader.

Mandate(s) assigned to this portfolio manager2

  • $28 billion in assets under management1
  • Headquartered in Geneva, Switzerland
  • 60 investment professionals
Unigestion Asset Management (Canada)

Founded in 1971, Unigestion specializes in management of equity, hedge fund and private asset portfolios, mainly for institutional investors. It is an entrepreneurial firm, mainly owned by its management. Unigestion has a truly global outlook, with offices in Geneva, Zurich, Paris, London, Singapore, New York and Toronto.

Mandate(s) assigned to this portfolio manager2

  • $1,313 billion in assets under management1
  • Headquartered in Boston, USA
  • 626 investment professionals
Wellington Management Company LLP

Founded in 1928, Wellington Management Company 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 work, carried out by a group of seasoned analysts, is the cornerstone of its approaches to management.

Mandate(s) assigned to this portfolio manager2

  1. Assets under management as at December 31, 2016
  2. Mandated by Desjardins Global Asset Management