April 11, 2013
/CNW/ - Toron Investment Management and AMI Partners have agreed to combine to create a pre-eminent, privately-owned Canadian investment management firm with unique expertise and top-tier track records in global and domestic investing. The firm, once unified, will serve clients who have entrusted more than
of assets in Canadian and global mandates.
The combined firm will operate as Toron Asset Management International (Toron AMI), will be based in
, and will continue to serve clients in
and abroad. Toron AMI's professionals will be shareholders and the firm will operate as a partnership.
Founded more than 50 years ago, AMI specializes in Canadian equity, fixed-income and balanced mandates for institutional clients. Toron Investment Management began operating 25 years ago as a risk management consultancy; for the past 15 years it has focused on global investment management, serving a growing client base of private clients and select institutions.
"This combination brings proven Canadian and global investment expertise and capabilities for institutional and private clients under one roof, while maintaining the relationships and investment styles that clients expect from us," says Toron CEO & Managing Partner Arthur Heinmaa.
Toron AMI unifies complementary strengths: Canadian and global equities selected exclusively through proprietary research for private and institutional clients. Toron AMI will have a broader and deeper base of investment thought and talent and will be able to expand its offerings and services by pooling its expertise and offering a wider spectrum of mandates.
"Both firms share important values - including excellent proprietary research capabilities that will be further leveraged for the benefit of clients. Together we offer the combination of philosophy, people and prudence clients expect and the service excellence they deserve," says AMI Partners CEO
Toron AMI unifies its professionals around five shared qualities and values:
- Proprietary research - our competitive advantage
- Structured and repeatable investment processes - ensures consistency and discipline
- Embedded risk management expertise - prudent approaches to protecting capital
- Team-driven investment management - continuity of process, long-term approach
- Clients first - independence aligns Toron AMI's interests with those of its clients.