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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
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
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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