Last night, the investment industry celebrated its successes as more than 120 people gathered at Toronto’s Brassaii Café Restaurant Lounge for Benefits Canada’s Top 40 Money Manager Awards cocktail party.
The man of the evening was Malcolm Hamilton, this year’s Lifetime Achievement Award winner. Hamilton was flattered by the award and joked during his acceptance speech that there are few opportunities for actuaries to shine during awards ceremonies.
“Malcolm Hamilton is an amazing figure in the industry. He brings so much knowledge and experience and has shared his knowledge with pension plans, who have benefited over the years,” said Robin Lacey, vice-chair of TD Asset Management Inc. “It’s fantastic that he is receiving the Lifetime Achievement Award tonight.”
Lacey was in attendance to accept an award on behalf of TD Asset Management, for Total Canadian Assets Under Management. “I’ve been here many times. We’ve been very fortunate to be honoured three year’s running now,” he said. “It’s a great venue, it’s a good group or people. Everyone seems to be very relaxed and having a good time.”
Following is the complete list of award categories and the firms honoured for their work:
Fastest growing money managers
This category recognizes the money managers that are the fastest growing in relation to the percentage growth of its Canadian pension assets under management. This year’s winners are:
Less than $1 Billion: Brookefield Investment Management Inc.
$1 billion to $10 billion: Mawer Investment Management Inc.
Greater than $10 billion: Beutel, Goodman & Company Ltd.
Fastest climbing
This award recognizes the money manager that moved up the most positions in the Top 40 ranking compared with last year. This years’ winner is Aberdeen Asset Management PLC.
Total Canadian Assets Under Management
This award recognizes the money manager that has the highest total Canadian assets under management. This year’s winner was TD Asset Management.
Award winners are determined based on data reported to the Canadian Institutional Investment Network for the 2011 Top 40 Money Managers Survey.