Asset ManagerRIA · CRD 110338SEC-RegisteredPrivate Fund Adviser

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Mackenzie Investments

Mackenzie Investments is a Toronto-based investment adviser registered with the SEC since 1985. It manages approximately $194.9 billion in assets.

Mackenzie Investments logo

Mackenzie Investments

Mackenzie Investments is a Toronto-based investment adviser registered with the SEC since 1985. It manages approximately $194.9 billion in assets. The firm employs 1362 staff and 107 investment advisers.

General information

Firm type

Generalist

Year founded

1967

AUM

>CAD 200 billion in AUM (per the firm, 2024)

Location

Region

North America

Country

Canada

City

Toronto, Ontario

Corporate office

Toronto, ON, Canada

Principals

Luke Gould

President and Chief Executive Officer

Kristi Ashcroft

Executive Vice President, Product

Sector focus

Real EstatePrivate CreditDigital AssetsInfrastructureEnergy Transition & RenewablesPrivate Equity

Frequently asked questions

Who controls Mackenzie Investments?

Mackenzie Investments is a wholly-owned subsidiary of IGM Financial Inc., a publicly traded Canadian financial-services company. IGM is in turn controlled by Power Corporation of Canada, the holding company closely associated with the Desmarais family. This structure puts Mackenzie inside a larger group that also includes Great-West Lifeco and wealth-management platform IG Wealth Management.

How does Mackenzie access private markets for its clients?

Mackenzie relies on a strategic partnership with Northleaf Capital Partners, a Toronto-based private-markets firm in which it acquired a significant minority stake in 2021. Through Northleaf, Mackenzie offers interval funds covering infrastructure, private equity, private credit, and private real estate to Canadian accredited investors and institutions.

Does Mackenzie Investments offer cryptocurrency exposure?

Yes. In 2021, Mackenzie launched the Mackenzie Bitcoin ETF and Mackenzie Ethereum ETF, becoming one of the earliest mainstream Canadian asset managers to launch regulated crypto funds. The ETFs hold physical bitcoin and ether in custody rather than futures-based exposure.

What role does Mackenzie's charitable foundation play?

The Mackenzie Investments Charitable Foundation and the Strategic Charitable Giving Foundation are donor-advised platforms that sit outside the firm's core investment operations. They provide charitable- giving vehicles for Mackenzie clients and employees and are administered separately from the asset-management business.

How is Mackenzie's investment team organized?

Mackenzie uses a multi-boutique model, meaning it houses several independent investment teams — including Mackenzie Bluewater, Mackenzie Ivy, and Mackenzie Cundill — each with its own philosophy and process. The approach lets the firm offer distinct strategies under one brand while avoiding a single house view on asset allocation or security selection.

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