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Formerly | Mawer & Associates |
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Company type | Private |
Industry | Investment Management |
Founded | 1974 |
Founder |
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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.
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]