The Investment Management Corp. of Ontario is appointing Nick Chamie as chief strategist to lead the organization’s asset allocation, currency management and fixed income strategies within the total portfolio and capital markets group.
With more than 25 years of experience in portfolio management, trading and research, Chamie was most recently a senior portfolio manager at the British Columbia Investment Management Corp., where he led the foreign exchange team’s strategic hedging, tactical overlay and overall investment strategy activities. He has also worked at RBC Capital Markets and Scotiabank.
“I am thrilled to have Nick on the team,” said Jean Michel, the IMCO’s chief investment officer, in a press release. “The chief strategist is a key role in our success and Nick’s leadership will anchor sound investment decisions and offer impactful oversight for IMCO’s total portfolio.”
In other news, the Canada Pension Plan Investment Board is appointing Harald Krüger as senior advisor for Europe.
In the new role, Krüger will focus on identifying and evaluating potential investment opportunities and partners that complement the CPP’s long-term investment strategy across all asset classes, with a particular focus on the DACH region, which comprises Germany, Austria and Switzerland. He will also provide counsel on existing investments in the region, which amount to $63.4 billion or 15.5 per cent of the fund’s total investments.
“Harald’s extensive experience, knowledge and network across the diverse industrial and investment landscape in Europe will be a great complement to our existing activities in the region across all asset classes,” said Alain Carrier, senior managing director and head of international at the CPP, in a release.