Guardian Capital teaming up with Moshe Milevsky on portfolio longevity solutions

Guardian Capital is forming a collaboration with Moshe Milevsky, a professor of finance at York University’s Schulich School of Business, that focuses on retirement finance.

As an academic, Milevsky is currently working on research on the intersections of financial engineering, actuarial science, insurance contingent claims and wealth management, according to a press release.

“There is an acute need for innovation to solve the growing challenges and education around how to think about retirement income, portfolio longevity and issues like sequence-of-return risk,” he said in the release.

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Milevsky is the author of 15 books and managing director of PI Longevity Extension Corp., a private consultancy focused on developing concepts to enhance long-term investment strategies with the goal of improving portfolio longevity.

“This will be a key area of collaboration for us and we will be working together to develop new and innovative retirement income solutions to address the particular needs of the growing proportion of Canadian investors who are increasingly focused on generating higher income and extending the life of their portfolios,” said Barry Gordon, managing director and head of Canadian retail asset management at Guardian Capital.