Item - 2019.IB4.1
Tracking Status
- This item was considered by the Toronto Investment Board on September 25, 2019. The Committee received the item for information only. No further action will be taken on this item.
IB4.1 - Introduction of Investment Managers
- Decision Type:
- Presentation
- Status:
- Received
- Wards:
- All
Board Decision
The Toronto Investment Board received the item for information.
Decision Advice and Other Information
Ben Homsy, Portfolio Manager, Fixed Income and Catherine Heath, Portfolio Manager, Fixed Income, gave a presentation on Leith Wheeler Investment Counsel Ltd.
Carolyn Kwan, Portfolio Manager and Product Specialist, and Johanne Bouchard, Portfolio Manager, Client Solutions, gave a presentation on Connor, Clark & Lunn Investment Management Ltd.
Summary
Presentations on the introduction of investment managers will be given by:
- Ben Homsy, Portfolio Manager, Fixed Income, and Catherine Heath, Portfolio Manager, Fixed Income, Leith Wheeler Investment Counsel Ltd.; and
- Johanne Bouchard, Portfolio Manager, Client Solutions, and Carolyn Kwan, Portfolio Manager and Product Specialist, Connor, Clark & Lunn Investment Management Ltd.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ib/bgrd/backgroundfile-138219.pdf
(September 25, 2019) Presentation from Carolyn Kwan, Portfolio Manager and Product Specialist, and Johanne Bouchard, Portfolio Manager, on Connor, Clark & Lunn Investment Management Inc.
https://www.toronto.ca/legdocs/mmis/2019/ib/bgrd/backgroundfile-138220.pdf
Motions
That the item be received for information.
Chair John Crocker, on a Point of Privilege, stated that he had advised the Board at its June 2019 meeting that he was the director and shareholder of a corporation that was the target of an acquisition by one of the Toronto Investment Board's investment managers and on the basis of advice from the Integrity Commissioner, out of an abundance of caution, he did not participate in the Investment Managers matter as it pertained to Fiera Capital Corporation. Chair John Crocker further stated that the acquisition of the corporation concluded in July 2019 and that as he has no shareholding or potential shareholding in Fiera Capital Corporation, the Integrity Commissioner has advised that he is now able to participate in the matter.