Arup Datta joins Mackenzie Investments to form Boston Based Global Quantitative Equity Investment Boutique
Dec 06, 2017, 10:00 ET
Highly Regarded Quantitative Investor to Drive New Boutique & Expand Global Business
TORONTO, Dec. 6, 2017 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) is pleased to announce the appointment of Arup Datta, CFA, a highly regarded quantitative investor, to lead a new Mackenzie Global Quantitative Equity boutique, based in Boston, MA.
"Creating this boutique strengthens our investment management capabilities in Global and Emerging Markets equities," said Tony Elavia, Ph.D., Executive Vice President and Chief Investment Officer of Mackenzie Investments. "Arup has built a stellar career delivering superior absolute and risk-adjusted investment returns across a wide range of investment strategies. He brings us exceptional knowledge and expertise at a time of unprecedented opportunity in global emerging markets."
One of the industry's leading portfolio managers in Global and Emerging Markets equities, Mr. Datta joined the company from a well-known US-based institutional manager, where he was a partner, portfolio manager and the head of international investments.
"Mackenzie Investments, as part of the Power Financial Group of Companies, offers the perfect platform for my team, with an independent boutique structure, compelling scale, resources and a level of flexibility to find the best opportunities in global and emerging markets. As before, I am focused on delivering alpha via nimble capacity-constrained core strategies," said Mr. Datta.
Mr. Datta has more than 24 years of expertise in US, Global and Emerging Markets investing, with a focus on quantitative modelling. Mr. Datta holds an MBA with distinction from Cornell University's Johnson School of Management and a Bachelor of Technology degree from the Indian Institute of Technology.
"I am excited to welcome Arup and his partners to Mackenzie Investments," said Barry McInerney, President and CEO of Mackenzie Investments. "The addition of this team affirms our commitment to attract and retain best-in-class investment capability, and will be an additional catalyst for growing our business."
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $93.5 billion CAD in assets under management as of October 31, 2017, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with $154 billion CAD in total assets under management as of October 31, 2017. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation
For further information: Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, [email protected], www.mackenzieinvestments.com?WT.trsc=PressRelease
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