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IA Clarington Investments

From Wikipedia, the free encyclopedia
IA Clarington Investments Inc.
Company typePrivate (wholly owned subsidiary of iA Financial Group)
IndustryFinancial services
Founded1996; 28 years ago (1996)
FounderTerry Stone, Adrian Brouwers and Sal Tino
Headquarters,
Key people
Catherine Milum,
Chief Executive Officer
Nancy Cappadocia,
Vice-President, Finance & Chief Financial Officer
Dolores Di Felice,
Vice-President, Chief Legal Counsel
ProductsMutual funds,
Portfolio solutions
Exchange-traded funds
Socially responsible investments
AUMDecrease $17.2 billion
(as at December 31, 2022)
Number of employees
200 (2020)
Websiteiaclarington.com

IA Clarington Investments is a Canadian Investment management company catering to the Canadian retail market.[1] A wholly owned subsidiary of iA Financial Group (TSX: IFG), the company sells various products, including mutual funds, portfolios, exchange-traded series of mutual funds, segregated funds and socially responsible investments.[1] Except for its exchange-traded series, iA Clarington products can only be purchased through licensed, third-party financial advisors.[1]

History

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The company was founded in 1996 by Terry Stone, Adrian Brouwers and Sal Tino as Clarington Corporation, and operated principally through its wholly owned subsidiary, ClaringtonFunds Inc.[2] In December 2003, Clarington Corporation went public.[2] In 2005, it was acquired by iA Financial Group,[3] which rebranded the Clarington funds, along with existing Industrial Alliance mandates, under the iA Clarington Investments name.[4]

List of Portfolio Managers

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iA Clarington funds are managed by either in-house portfolio managers or external sub-advisors. The following list[1] is as at January 31, 2023:

  • QV Investors Inc.[6]
  • Vancity Investment Management Ltd.[7]
  • Wellington Square[8]

See also

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References

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  1. ^ a b c d "IA Clarington Investments Inc. Simplified Prospectus (via SEDAR)". Retrieved 15 June 2020.
  2. ^ a b "Clarington Corporation Prices Initial Public Offering". Bloomberg. Retrieved 2 December 2003.
  3. ^ "Clarington, Industrial Alliance agree to friendly takeover". Investment Executive. 7 November 2005.
  4. ^ "IA Clarington aligns fund names and launches new brand image". Investment Executive. 10 July 2020.
  5. ^ "iA Global Asset Management Inc". iaclarington.com. Retrieved 31 January 2023.
  6. ^ "QV Investors". qvinvestors.com. Retrieved 11 November 2020.
  7. ^ "About Us - Vancity Investment Management". vcim.ca. Retrieved 31 January 2023.
  8. ^ "About Us - Wellington Square". www.wsqadvisors.com. Retrieved 31 January 2023.
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