 | |
| Formerly | Mawer & Associates |
|---|---|
| Company type | Private |
| Industry | Investment Management |
| Founded | 1974 |
| Founder |
|
| Headquarters | , Canada |
Key people |
|
| 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. It focused on looking after money for high-net-worth individuals and pension funds in the form of investment funds. [1] [2]
In 2005, ten years after its founder retired from running it, [1] Mawer was selected by Manulife Investment Management 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, it decided to remain independent. [4] [5]
With the philosophy of buying 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]
Major asset management companies | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |||||||||||||||||||||||||||||||
