Marret Asset Management Inc.
Barry Allan is the founding partner of Marret Asset Management Inc. He has over 30 years of investment experience and has successfully operated in virtually all areas of the fixed income arena.
Prior to founding Marret, Barry spent 6 years with Altamira Management where he managed a wide variety of fixed income mandates and held secondary responsibilities on several equity and balanced mandates. He was also responsible for internal risk management and oversaw the hedging activities for the company’s Balance Sheet.
During this period, he was the lead manager of the Altamira High Yield Bond Fund, co-manager of the Balanced and Growth and Income Funds, and Lead Manager of the Global Bond and Global Short-Term Income Funds.
Barry also managed several institutional mandates with alternative investment strategies (swing funds shifting between Canadian and Global bonds, Hedge Fund being long and short Global Bonds and Currencies, Commodity Derivatives in equity portfolios, bonds with embedded options to gain convexity).
Barry has an undergraduate degree from the University of British Columbia and an MBA from the University of Arizona.
Managing Director, Fundamental Credit
OMERS Administration Corporation
Kim joined OMERS Capital Markets in 2002. Kim’s current role involves the managing a global credit portfolio of approximately $10 billion with a staff of 12 investment professionals. Kim has a 30-year track record of coverage domestic and international fixed income issuers.
Head of SPDR ETF Business Development – Canada
State Street Global Advisors, Ltd
Bobby is a Vice President at State Street Global Advisors, Ltd and Head of SPDR ETF Business Development for Canada. Bobby focuses on the distribution of SPDR ETFs to institutional investors throughout Canada including pension plans, endowments, foundations, insurance companies, investment consultants, asset managers and banks. Prior to this role, Bobby spent over 3 years at First Trust Portfolios Canada as Senior Vice President and Head of Sales responsible for overall sales and distribution. He was also Director & Vice President, Head of National Accounts at Blackrock Asset Management responsible for asset managers and brokerage senior executive relationships. Bobby was instrumental in the success of the iShares, Exchange Traded Funds business in Canada being responsible for sales and business development across Canada.
Bobby also held sales and relationship management roles at Fidelity Investments and National Bank of Canada. He holds a Bachelor’s degree in Finance from Concordia University and holds the Certified Investment Management Analyst (CIMA) designation from the Investment Management Consultant Association (IMCA).
Independent Institutional Investment Consultant
Mr. Fahey was NAV CANADA’s Vice President, Pension Investments from September 2010 until January 2016. In this role, he led a team that was responsible for designing and executing the investment strategy and controlling the risk associated with NAV CANADA’s defined benefit pension plans. Since his retirement from NAV CANADA he has continued to devote time to the volunteer sector and various investment management activities.
Prior to joining NAV CANADA, Mr. Fahey was a founder and managing partner with Aurion Capital Management, a Toronto based institutional investment counseling firm. In this role he was responsible for all aspects of fixed income portfolio management for Aurion’s institutional clients. He was also a member of Aurion’s senior team responsible for strategic direction and firm management. Prior to joining Aurion in 1994, Mr. Fahey was the Vice President, Fixed Income at Barclays McConnell, a Toronto based institutional investment manager.
Mr. Fahey holds a Bachelor of Commerce degree from McGill University and a Masters of Business Administration degree from Concordia University. He also is a Chartered Financial Analyst charterholder. Paul is the Chairman of IPSOL Capital, an independent Montreal based investment management firm. Paul is also the Chairman of the Independent Review Committee of Canso Investment Counsel, a Richmond Hill based investment management firm. Additionally he is a director of Community Living Oakville, a social services agency that provides support to people with developmental disabilities and he serves on the Investment Committee of the Oakville Community Foundation. He has also served as a member of the executive committee of the Toronto CFA Society and the CFA Institute’s Presidents Council.
Chief Investment Officer
Zev is Chief Investment Officer with MS ARM in its Toronto office and has over 35 years of investment-management experience. Previously, he served as Executive Vice President and Chief Investment Officer with Open Access Limited. Additionally, he was a member of the Ontario Teachers’ Pension Plan investment team for 18 years.
Zev has extensive experience in all aspects of fund management – development of policies, strategic and tactical asset mix, risk management, selection of external managers, as well as internal management of global equity and overlay of derivative portfolios. He is a regular conference speaker on a variety of investment management topics and wrote several articles for Benefits Canada, the Canadian Investment Review, the Brandes Institute, Non Profit News and others on a variety of investment topics. He also received the 2010 Benefits Canada award for outstanding achievement and is on the 2010 list of “Top 25 Most Influential Plan Sponsors.”
Zev holds a B.A. in Economics and Statistics (Cum Laude) from the Hebrew University in Jerusalem, Israel, a M.Sc. in Economics from the Israeli Institute of Technology and has completed PhD comprehensive exams in finance at Simon Fraser University in Vancouver, BC. He is a graduate of the Institute of Corporate Directors. He is currently a member of the Brandes Institute Advisory Board, the Canadian Investment Review Advisory Board, and is a Crown Trustee of ONE-T (Ontario Non-union Education Trust – the Principals’ and Vice-Principals’ Associations and other non-unionized employees Employee Life and Health Trust). He also served for 5 years as a board member and treasurer of a not-for- profit organization.
CAAT Pension Plan
The CAAT Pension Plan provides secure defined benefit pensions to its 41,900 members who work at, or have retired from Ontario’s 24 community colleges and 14 other employers in the province’s postsecondary sector. The market value of the Plan’s assets exceeded $9 billion as of December 31, 2016.
Asif Haque leads CAAT’s public markets investment team, which is responsible for public fixed income, equity, absolute return, currency hedging and overlay programs. He has 22 years of industry experience.
Vice-President and Portfolio Manager
Signature Global Asset Management
Kamyar Hazaveh, Vice-President, Portfolio Management and Portfolio Manager with Signature Global Asset Management, began his investment industry career in 2006. He specializes in G10 fixed-income, cash and derivatives analysis, trading and portfolio management. Prior to joining Signature in 2014, Kamyar worked at Ontario Teachers’ Pension Plan for six years as a fixed-income trader and portfolio manager responsible for managing its $50 billion allocation to global nominal and inflation-linked bonds (real money role), as well as adding value through G10 alpha strategies in both cash and derivatives (internal hedge fund role). He was the architect of the fund’s Liability Driven Investing (LDI) strategy.
Mr. Hazaveh holds a Master of Mathematical Finance (MMF) degree from the University of Toronto.
Senior Investment Consultant
PBI Actuarial Consultants
Bradley Hough joined PBI in 2018 as a Senior Investment Consultant. He has been working in the pension industry since 2007, specializing in asset-liability management for defined benefit pension plans, interest rate, inflation and equity risk management using derivative strategies and alternative
Prior to joining PBI, Bradley was an actuarial and investment consultant with a global HR and finance company. Bradley provided investment, actuarial and general consulting services to a range of defined benefit clients in both the UK and Canada.
Bradley is a Fellow of the Institute of Actuaries (FIA), an Associate of the Canadian Institute of Actuaries (ACIA), a CAIA Charterholder. He holds a Bachelor of Science degree in Physics from the University of Exeter.
Senior Director, Capital Markets
Rainer manages the Fixed Income, Liquidity and Credit group within Capital Markets. He joined OPTrust in 2015 to help begin the transition to internal management of Capital Markets investing activities including bond, fixed income derivatives, and repo trading. His group manages the Beta bond, credit, and liquidity money market portfolios in addition to Alpha portfolios in each.
Rainer started his career in Derivatives and has worked for buy and sell-side firms in Toronto and New York. He received his MBA degree from McGill University and a B.Sc. (Engineering Chemistry) from Queens University.
Teresa Kong is a Portfolio Manager at Matthews Asia and manages the firm’s Asia Strategic Income and Asia Credit Opportunities Strategies. Prior to joining Matthews Asia in 2010, she was Head of Emerging Market Investments at Barclays Global Investors, now known as BlackRock, and responsible for managing the firm’s investment strategies in Emerging Asia, Eastern Europe, Africa and Latin America. She developed and managed strategies spanning absolute return, active long-only and exchange-traded funds. In addition to founding the Fixed Income Emerging Markets Group at BlackRock, she was also Senior Portfolio Manager and Credit Strategist on the Fixed Income credit team.
Previously, Teresa was a Senior Securities Analyst in the High Yield Group with Oppenheimer Funds, and began her career with JP Morgan Securities Inc., where she worked in the Structured Products Group and Latin America Capital Markets Group. She received both a B.A. in Economics and Political Science and an M.A. in International Development Policies from Stanford University. She speaks Cantonese fluently and is conversational in Mandarin.
Principal and Portfolio Manager
PGIM Fixed Income
Johnny Mak is a Principal and portfolio manager for PGIM Fixed Income’s Emerging Market team. Mr. Mak is the regional portfolio manager for Non-Japan Asia, responsible for the analysis and management of hard and local currency emerging markets debt. Mr. Mak is also portfolio manager for the emerging markets sleeves of multi-sector and insurance portfolios.
Previously, Mr. Mak was an analyst for PGIM Fixed Income’s Portfolio Analysis Group for emerging markets and non-dollar fixed income portfolios, focused on formulating trade strategies, risk analysis, and performance attribution. Mr. Mak joined the Firm in 1997. He received a BS in Finance with a focus on Asian Studies and International Business from Seton Hall University.
Senior Vice-President and Portfolio Manager
Signature Global Asset Management
Geof Marshall, Senior Vice-President, Portfolio Management and Portfolio Manager, heads the high-yield bond team at Signature Global Asset Management. Mr. Marshall has extensive experience analyzing, managing and trading high-yield bonds, convertible bonds and leveraged loans. He is the lead manager of Signature High Yield Bond Fund and co-manages a number of Signature funds, including Signature High Income Fund, Signature Diversified Yield Fund, Signature Income & Growth Fund and Signature Corporate Bond Fund. Funds co-managed by Mr. Marshall have won three Morningstar Canadian Investment Awards and six Lipper Fund Awards.
He joined CI in 2006 from Manulife Financial, where he was a portfolio manager. Mr. Marshall holds a BA from the University of Western Ontario and the Chartered Financial Analyst designation.
Director, Fx and Macro
Drew is a Director on the FX and Fundamental Macro Strategies desk within the Capital Markets Group. Prior to his current role, Drew worked on cross-asset strategy development and external partnerships, and in 2015, was part of a small team that conducted a year-long review of internal investment strategy, structure and operations and subsequently developed and implemented a new investment framework for the pension plan. He joined OPTrust in 2008, spending 6 years as a Portfolio Manager in the Private Markets Group, contributing to Private Equity and Infrastructure investment strategy development, transaction diligence and portfolio construction.
Before joining OPTrust, Drew was with London-based BMI Research, where he held various roles within the Global and Asian investment strategy teams. Drew earned a BA (Hons) from Queen’s University and an MSc from the University of Edinburgh.
Former President and CEO
University of Toronto Asset Management
Former President and CEO of University of Toronto Asset Management Corp (“UTAM”), Canada’s largest University pension and endowment funds. Former Vice-Chairman, RBC Capital Markets. Founding Director of the Investment Industry Regulatory Organization of Canada (“IIROC”) and Chair of Market Regulation Services Inc. Recently served as a member of the Ontario Ministry of Finances.
Pooled Asset Management Implementation Working Group. Holds a BA from the University of Toronto, an MA from the University of Chicago and is a CFA Charterholder.
Institutional Investment Reporter
The Globe and Mail
Jacqueline Nelson is the institutional investment reporter at the Globe and Mail’s Report on Business. She covers the international strategy, deals and operations of the country’s largest pension funds, insurers and other investors.
Prior to joining the Globe as part of the financial services team, Jacqueline wrote for Canadian Business magazine covering news and crafting features on a variety of subjects.
Head of Client Portfolio Management
Liam O’Sullivan joined RPIA in 2010 and is a Principal and member of the operating committee. He leads the Client Portfolio Management team – which is responsible for developing fixed income solutions for clients, and communicating investment strategy and market commentary. Prior to joining RPIA, Liam held the position of Chief Risk Officer at Northwest Investment Management – a Convertible Arbitrage hedge fund based in London, UK.
Liam participates in the Big Brothers Big Sisters of Toronto mentorship scheme, and in his spare time likes to take part in long-distance running events.
Liam earned his CFA designation in 2011. He has an undergraduate degree in Politics, Philosophy and Economics from New College, Oxford and a master’s degree in Economics from UBC.
The Globe and Mail
David Parkinson has been covering business and financial markets since 1990, and has been with The Globe and Mail since 2000. He has been an economics reporter/columnist since 2014.
A Calgary native, he has an undergraduate degree in psychology from the University of Calgary, and a master’s degree in journalism from the University of Western Ontario. He received a Southam Fellowship from the University of Toronto in 1999-2000, studying international political economics.
Senior Vice-President and Chief Economist
Jean-François Perrault joined Scotiabank on December 31, 2015 as Senior Vice-President and Chief Economist. He leads a team of Economists to support Scotiabank’s domestic and international business lines and clients from retail to capital markets, providing Scotiabank’s senior executives, business lines and customers with perspectives, insights and forecasts on economic, financial market and policy developments.
Prior to joining Scotiabank, Jean-François held prominent roles with the federal government, the Bank of Canada, the International Monetary Fund and the World Bank. His educational background includes Master’s and Bachelor’s Degrees in Economics from the University of Ottawa.
ERWAN PIROU, CFA
Canadian Head of Fixed Income Research
Erwan Pirou, CFA
Erwan is a senior member of the manager research team and plays a crucial role in supporting the Investment Consulting practice. Erwan has a particular focus on fixed income and liability-driven investments. He researches a wide range of fixed income products from Canadian bonds to global and high yield bonds. He also has experience of structuring solutions with derivatives.
Before joining Aon Hewitt in 2007, Erwan was a credit analyst at Barclays in London and served as a fixed-income security portfolio co-manager. Erwan has a Master’s degree in corporate finance from Université de Rennes (France).
Fixed Income Portfolio Manager
MFS Investment Management
Robert Spector, CFA, is an investment officer and fixed income portfolio manager for MFS Investment Management® (MFS®). He is a member of several Canadian and global fixed income and multi-asset portfolio management teams and is also an institutional fixed income portfolio manager for several fixed income strategies as well. He is based in Toronto.
He is a member of MFS’ Fixed Income Strategy, Global Rates and Currency committees and is a member of the firm’s Capital Markets Board.
He joined the firm in 2005. His previous positions include head of Canadian economics and strategy and senior economist and strategist at Merrill Lynch, financial economist at BMO Nesbit Burns and associate editor and research analyst at BCA Research Group.
Robert earned his Bachelor of Arts degree at McGill University and his master’s degree at the University of Western Ontario. His concentration for both degrees was in economics. He is a CFA charter holder.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.
Vice President, Interest Rates and Inflation
Ray joined HOOPP in 2007 and has been responsible for actively managing the Plan’s $45 Billion fixed income and inflation-linked bond portfolios ever since. He began his HOOPP career as Portfolio Manager, Derivatives & Fixed Income and progressed to his current position as Vice President, Interest Rates & Inflation. He helped expand the Plan’s trading capabilities into international fixed income, inflation and rate derivatives markets and has been a consistent generator of Alpha over the years.
Ray also advises the Asset Mix Committee on decisions involving the Plan’s Liability Hedge Portfolios and has been actively involved in all market transitions which successfully evolved the Plan into incorporating a Liability Driven Investing (LDI) approach for its portfolio.
Prior to joining HOOPP, Ray was a bond and interest rate derivatives trader in the Capital Markets divisions of BMO Nesbitt Burns, TD Bank and National Bank Financial. He received his MBA and BA (Economics) from York University in Toronto.
VP Investments and Treasury
Mrs. Tessier is Vice-President, Investments & Treasury at CAA Club Group (Thornhill), where she oversees the corporate, pension and insurance assets of the company. She is currently a member of the Investment Advisory Committee to ‘The One Investment Program’, an investment program designed for Ontario Municipalities. She is a member of the Canadian Pension Investment Board’s Ontario Board. Prior to joining CCG, she was part of Invesco’s global product development team, with cross-asset class exposure that includes work across asset classes, including alternative credit.
Mrs. Tessier worked for 8 years at Mercer Investments as part of its Global Manager Research team and was a contributor to its OCIO program. She began her career in Montreal in product development at TAL Global Asset Management (now CIBC Global Asset Management). She has an Honors Bachelor of Commerce from Laurentian University. Mrs. Tessier is a CFA charterholder.
Head of Institutional Sales ETFs
Vanguard Investment Canada Inc.
Greg Walker is head of Institutional sales ETFs for Vanguard Investments Canada Inc.
Before joining Vanguard, Mr. Walker served as the global head of ETF distribution at RBC Capital Markets. He was previously the managing director and head of iShares business development at BlackRock Asset Management Canada Limited and director of institutional fixed income at Dundee Securities. He also held increasingly senior positions at Bank of Montreal, including vice president in a fixed income investment management group specializing in credit risk assets.
Mr. Walker earned an HBA in economics and financial management from Wilfrid Laurier University. He is a CFA® charterholder and has held positions on a number of investment industry boards, including the Buy-Side Investment Management Association (BIMA) and the board of Women in Capital Markets (WCM).
Senior Vice President and Chief Economist
Royal Bank of Canada
As chief economist, Craig leads a team of economists providing economic, fixed income and foreign exchange research to RBC clients. Craig is a regular contributor to a number of RBC publications and is a key player in delivering economic analysis to clients and the media through the Economics Department’s regular economic briefings.
A graduate of Wilfrid Laurier University and the University of Toronto, Craig was appointed Chief Economist in 2001 having joined RBC 1994 after working at another financial institution for seven years. Craig is a participant in a number of the key RBC internal committees and is a member of the CD Howe Monetary Policy Council, Lazaridis School of Business Economics, Wilfrid Laurier University Dean’s Advisory Council and the British Columbia Economic Forecast Council.
Craig and his wife Susan live in Toronto with their three children Emily, Bradley and Jacob.