TORONTO, June 6, 2018 /CNW/ - Bristol Gate Capital Partners Inc., a leader in dividend growth investing, is pleased to announce the appointment of Richard E. Talbot, CPA, CA, CFA as Chief Executive Officer, effective June 6. Mr. Talbot will join Bristol Gate co-founder, Richard Hamm to form a dynamic team to chart the future direction and growth of Bristol Gate's business. As part of the firm's succession plan, Richard Hamm will become Executive Chairman effective immediately. Bill L'Heureux will move from the role of Chairman to Lead Director. Mr. Talbot will become a Director of the Firm and make a significant direct investment in Bristol Gate and its funds.
In his new role, Mr. Talbot will assume overall responsibility for leading and executing the firm's strategy. "We are delighted to welcome Richard to Bristol Gate," said Richard Hamm. "With his deep capital markets and investment research experience, it is no surprise he has built a first class reputation for exceptional performance. Our goal at Bristol Gate is to deliver industry-leading investment performance for our clients by owning high-quality companies with the best dividend growth prospects. We are confident that Richard will help us achieve this objective as we expand our suite of client solutions."
Mr. Talbot was most recently the Chief Operating Officer for RBC Capital Markets, one of the world's top 10 investment banking firms. In this role, he had global responsibility for RBC CM's operational and administrative activities including optimizing cost base management and leading regulatory change. Prior to this, Mr. Talbot was co-head of RBC's Global Research team where he played a key role in its global expansion. Under his leadership, RBC CM's Equity Research team achieved the #1 ranking in Canada from institutional investors, a distinction that it has maintained since 2010. In his own right, Mr. Talbot was consistently regarded by institutional investors as the #1 Telecom services analyst in Canada between 2000-2005.
Richard Talbot said of Bristol Gate: "Throughout my career, I've worked with many investment management organizations, and Bristol Gate stands out for its disciplined investment approach and innovative thinking. By marrying data science with fundamental analysis, Bristol Gate is able to achieve high conviction on companies with superior dividend growth prospects. I'm very excited to have the opportunity to build on the wonderful foundation they've laid and to work with the entire Bristol Gate team."
Mr. Talbot is a Chartered Professional Accountant (Gold Medalist, Atlantic) and a Chartered Financial Analyst. He has Honors and Masters degrees (both with distinction) in Business Administration from the Ivey Business School, Western University.
Mr. Talbot is an active member of the community and a champion of inclusion and diversity-related initiatives. He is a long-time supporter of the United Way and member of the Major Individual Giving cabinet. Richard is Chair of the Advisory Council, CFA Society Toronto and past Board member of CFA Society Toronto and the Advisory Council of Women in Capital Markets.
Bristol Gate Capital Partners is an independent, employee-owned, Toronto-based investment management company serving individual and institutional clients. The firm uses predictive machine learning in combination with fundamental analysis to identify high quality companies that have the capacity and willingness to significantly increase their dividends in the year ahead. Bristol Gate currently manages $1.1 billion in AUA in a US Equity Strategy and Canadian Equity strategy and recently launched ETFs following both strategies.
To learn more about Bristol Gate, please visit www.bristolgate.com and follow us on Twitter and LinkedIn.
SOURCE Bristol Gate Capital Partners
For further information: Richard Hamm, Executive Chairman, 416-921-7076 ext.220 or [email protected]