Hanif Mamdani of RBC Global Asset Management is part of this year's Wealth Professional Canada's Host List.
RBC Global Asset Management
As the head of alternative investments for RBC Global Asset Management, Hanif Mamdani’s job is to think outside the box when it comes to his funds. As such, the oil shock of 2015 saw him increase his exposure to energy companies. Buying at that time meant some real bargains, and he was able to record gains of more than $1 billion as the sector recovered in 2016. The PH&N Absolute Return Fund Mamdani manages has a one-year rate of return of 31.3%, which stands far and above its peers and led Mamdani to win an award for the best combined 10-year return and Sharpe ratio at the 2016 Canadian Hedge Fund Awards.
As the head of alternative investments for RBC Global Asset Management, Hanif Mamdani’s job is to think outside the box when it comes to his funds. As such, the oil shock of 2015 saw him increase his exposure to energy companies. Buying at that time meant some real bargains, and he was able to record gains of more than $1 billion as the sector recovered in 2016. The PH&N Absolute Return Fund Mamdani manages has a one-year rate of return of 31.3%, which stands far and above its peers and led Mamdani to win an award for the best combined 10-year return and Sharpe ratio at the 2016 Canadian Hedge Fund Awards.
