Office address: 33 Yonge Street, Suite 830 Toronto, Ontario M5E 1G4, Canada
Website: www.pictonmahoney.com
Year established: 2004
Company type: Investment management
Employees: 137
Expertise: Alternative investments, portfolio construction
Parent company: N/A
CEO and key people: David Picton, president and CEO
Financing status: Employee-owned
Picton Mahoney Asset Management is a 100% employee-owned investment management company that specializes in alternative investments and portfolio construction. It caters to institutional and retail investors across Canada and the US. Apart from Toronto, the firm has offices in Calgary, Montréal, and Vancouver.
Picton Mahoney Asset Management was founded in 2004 by David Picton and a team of seasoned investment professionals. The firm's establishment was marked by a departure from traditional 60/40 equity and bond portfolios, focusing instead on alternative investment funds. This approach quickly garnered attention, leading to the launch of their first equity-based alternative funds in 2005.
Over the years, Picton Mahoney expanded its portfolio, introducing fixed income funds in 2009, multi-asset strategy funds in 2017, and merger arbitrage funds in 2020. The firm’s commitment to research and portfolio construction innovation has been a cornerstone of its growth and success.
Since its establishment, Picton Mahoney Asset Management has launched several innovative products and services to help investors grow their portfolios, including:
Picton Mahoney Asset Management’s culture is defined by its entrepreneurial spirit, collaborative environment, and impactful work. The firm fosters professional growth within an inclusive and supportive work environment. The company’s commitment to innovation and continuous improvement is the driving force behind its strategies and programs aimed at enhancing employee engagement and experience.
David Picton is a founding partner and the president and CEO of Picton Mahoney Asset Management. He has been the company’s top executive for almost two decades. He also serves as the firm’s lead portfolio manager, handling its Canadian equity market. He has been a prominent figure in the country’s investment industry for the past several decades.
Prior to establishing the company, Picton helped launch Synergy Asset Management in 1997, working as lead manager of its Canadian momentum portfolio. He also served as head of quantitative research at RBC Dominion Securities. Picton has an Honours Bachelor of Commerce degree from the University of British Columbia.
As Picton Mahoney Asset Management approaches two decades in the industry, the firm remains committed to bringing alternative investments to a wider audience. The company will continue to play a leading role in educating advisors and investors about alternative strategies, ensuring informed investment decisions. Picton Mahoney’s focus on innovation and expanding the toolkit for advisors, as well as its resiliency and adaptability, propel its position as among Canada’s leaders in portfolio construction.
Picton Mahoney head of fixed income outlines where the asset class sits going into a year where many predict bonds to perform well
Portfolio Manager explains the fixed income assets Picton Mahoney is currently focusing on
With recent bank failures among 'canaries in the coalmine,' veteran PM shares cautious outlook
Wealth Professional showcases 50 of the country's most dedicated and accomplished wholesalers
Leading wealth management wholesalers on what works in changing market conditions
The future will require a lot more due diligence, not just tactical thinking, says portfolio manager
Fund designed to help fixed-income investors hold investments within their declared risk tolerance
'Look at what you own, dig into it, and diversify your sources of return'
Portfolio manager gives his verdict on Fed's upcoming meeting and why now is a good time to address portfolio vulnerabilities
'We've been in a Goldilocks environment for a decade… so have to think what a portfolio looks like in the future'
