Mawer Investment Management
 | |
| Formerly | Mawer & Associates |
|---|---|
| Company type | Private |
| Industry | Investment Management |
| Founded | 1974 |
| Founder |
|
| Headquarters | , Canada |
Key people |
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| AUM | CA$90.4 billion (September 2024) |
Number of employees | 280+ (2024) |
| Website | www |
Mawer Investment Management (Mawer) is a Canadian investment management firm headquartered in Calgary, Alberta. It acts as a subadvisor for Manulife Investment Management.
History
[edit]In 1974, stockbroker Charles Mawer founded the company originally as Mawer & Associates. The firm focused on looking after money for high-net-worth individuals and pension funds in the form of investment funds.[1][2]
In 1995, Charles Mawer retired from his role running the firm.[1]
2005 Manulife Investment Management selected Mawer to manage its investment funds in a subadvisory capacity.[2][3]
In November 2018, Mawer hired Bank of Nova Scotia to explore options such as a sale. This came at a time when other Canadian asset management firms were being acquired. However, in December, Mawer decided to remain independent.[4][5]
The firm's philosophy is to buy strong, growing companies at cheap prices. It has been noted for charging low management fees compared to its peers.[2] Due to lower commissions, financial advisers have avoided selling Mawer funds. The partnership between Mawer and Manulife have allowed more generous and less visible compensation structures for funds.[6]
References
[edit]- ^ a b "Remembering the life of Charles Mawer". Calgary Herald. 29 October 2006. Retrieved 9 November 2024.
- ^ a b c Carrick, Rob (24 July 2008). "Manulife shows Mawer the love". The Globe and Mail. Retrieved 9 November 2024.
- ^ "Manulife gets green light to launch Manulife Mawer Mutual Funds". Investment Executive. 9 July 2008. Retrieved 9 November 2024.
- ^ Tomesco, Frederic (11 November 2018). "'Boring' Mawer Hires Scotiabank to Advise on Possible Sale". Bloomberg News. Retrieved 9 November 2024.
- ^ Kiladze, Tim (7 December 2018). "Mawer Investment Management to stay independent, rules out sale". The Globe and Mail. Retrieved 9 November 2024.
- ^ Luukko, Rudy (28 June 2008). "Why pay more for Manulife-brand Mawer funds?". Toronto Star. Retrieved 9 November 2024.
External links
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