Marret Asset Management

Barry Allan serves as the firm's Founder, President and Chief Investment Officer, directing portfolio strategy since the firm's founding in 2001. Allan previously led high-yield debt at BMO Nesbitt Burns, building the foundational credit expertise Marret continues to deploy. The management buyback from CI Financial in 2022 further consolidated decision-making authority with the investment team.

In November 2022, CI Financial sold its majority stake in Marret back to the firm's leadership, returning Marret to independent, partner-owned operation. The buyback ended a structure where Marret operated as a CI subsidiary, restoring management control and removing the strategic constraints of a publicly traded parent company. The firm now operates as an owner-operator credit boutique.

Marret focuses on sub-investment-grade corporate credit, spanning leveraged loans, high-yield bonds, and distressed debt. The firm deploys capital primarily through long-short credit hedge fund structures and managed accounts. Opportunistic positions occasionally include post-reorganization equities received through debt-for-equity conversions in restructuring scenarios.

Marret has historically maintained credit exposure to Canadian energy and mining credits, sectors where its investment team holds multi-cycle workout and restructuring experience. The firm's opportunistic mandate extends across industries, targeting mid-market North American issuers where complex capital structures and limited analyst coverage create pricing inefficiencies.

Marret's credit portfolio is concentrated in North America, with select exposure to European and Australian issuers through syndicated high-yield and leveraged loan offerings. The firm's fundamental credit research process remains most deeply resourced in Canadian and US mid-market corporate credits, where its origination relationships are strongest.