What’s the strategy?
The SRI Balanced (GLC) portfolio strategy invests in a diversified mix of Canadian and global equities, Canadian bonds and short-term investments. Holdings in each of the underlying portfolios are subject to specific exclusionary screening criteria related to a company’s environmental sustainability, social responsibility and corporate governance (ESG) performance as well as the company’s involvement in certain industries, such as tobacco, alcoholic beverages, gambling, adult entertainment, military contracting, and nuclear power.
The GLC Asset Mix Committee leverages the broad skill set of a multi-disciplinary team to make tactical and strategic moves within asset classes and regional exposures of the portfolio. The portfolio managers identify current risks and opportunities within each asset class, as well as macro trends in economic and market cycles to guide the longer term asset mix positioning.
Active portfolio management allows for asset mix shifts that target a low-to-moderate risk profile. The long-term target asset mix and asset mix ranges of the portfolio are:
- 30% domestic equities (with an ability to move 15% over or under the target),
- 30% foreign equities (with an ability to move 10% over the target or 20% under the target), and
- 40% fixed income securities (with an ability to move 25% over the target or 15% under the target).
Each underlying component of this portfolio is actively managed by the experienced and proven investment professionals within GLC’s respective investment divisions, and the specific expertise of external managers is leveraged for the portfolio’s socially responsible global exposure.
Why invest in this portfolio strategy?
This strategy is ideal for investors seeking a global balanced portfolio with a meaningful way of ensuring investment dollars promote a higher level of environmental sustainability, social responsibility and corporate governance, while benefiting from expert investment analysis.
The portfolio offers exclusionary screening of companies based on ESG considerations and involvement in certain industries such as tobacco, alcoholic beverages, gambling, adult entertainment, military contracting, and nuclear power. The active management approach is designed to offer an opportunity for attractive capital appreciation through meaningful domestic and global exposure, while mitigating volatility through a significant exposure to fixed income securities.
Data for institutional investors
Senior Vice-President, Equities
Patricia oversees GWLIM’s equity portfolio management, analyst and research teams. She’s also the lead portfolio manager for the GWLIM Canadian All Cap Growth equity mandate. In addition, she chairs the GLC Asset Mix Committee, which oversees all of GLC’s balanced portfolios.
Patricia joined the GWLIM team in 1986 and has been leading the group since 1991.
Patricia is a CFA charterholder and holds an honours bachelor of commerce degree from the University of Manitoba. She’s also a former president of the Winnipeg Society of Financial Analysts and past chair of the Winnipeg Humane Society.
President and Chief Investment Officer
Ron was named President of GLC in 2018 and he is responsible for all of GLC’s investment management and business operations, making him ultimately responsible for the strategic direction of GLC and ensuring GLC’s investment performance remains strong. He will continue as the Chief Investment Officer of GLC, a role he assumed in 2014.
As CIO, Ron oversaw GLC’s growth of assets under management from $38 billion to over $55 billion today. Prior to 2014, Ron held the role of Chief Investment Strategist at GLC, building on his direct portfolio management experience in equity and balanced portfolios, including specialty portfolio strategies.
Ron is known for taking decisive action and a collaborative leadership style. He has led many large-scale initiatives for GLC, including signing on to the United Nations Principles of Responsible Investing, the development of several new and specialty mandates, and the strategic positioning and mandate alignment of each of GLC’s distinct investment teams.
Ron is a CFA charterholder and earned an honours bachelor of commerce degree from the University of Manitoba.
Chief Investment Strategist, GLC
As Chief Investment Strategist, Brent is responsible for forming and communicating GLC’s investment outlook. Brent provides insight into current market and economic conditions for our clients and investment partners across Canada.
As a member of GLC's Asset Mix Committee, Brent contributes to asset mix allocation decisions across a wide variety of GLC’s balanced mandates.
Brent has more than 20 years of financial services and investment management industry experience. He has been with GLC and its predecessor companies since 2008.
Brent is a CFA charterholder, holds the Personal Financial Planner designation from the Institute of Canadian Bankers, and a bachelor of science degree (economics-quantitative methods) from the University of Toronto.
Clayton is the lead portfolio manager for GWLIM’s Canadian and U.S. dividend strategies. He’s also a member of the GLC Asset Mix Committee.
Clayton joined the GWLIM team in 2006 and brings more than 20 years of industry experience to their portfolio management team.
Clayton is a CFA charterholder and a Licensed International Financial Analyst. He also holds an honours bachelor of commerce degree from the University of Manitoba.
Brenda is the lead portfolio manager of the London Capital U.S. mid-cap equity portfolio and co-manages the London Capital U.S. equity mandate. She’s also a member of the GLC Asset Mix Committee. Brenda joined GLC’s GWLIM equity team in 1998 and in 2017 joined the London Capital equity team with a continued focus on U.S. equities.
Brenda is a CFA charterholder and earned an honours bachelor of commerce degree from the University of Manitoba. She also holds a Chartered Market Technician designation.
Dylan is the lead manager of the SRI Canadian Equity portfolio, co-manager of the Canadian Resource mandate, and assists in the portfolio management of GWLIM’s flagship Canadian Equity portfolio. He is also a member of the GLC Asset Mix Committee.
He began his career in investment management and research in 1999 and has worked with the GWLIM portfolio management team since 2007.
Dylan is a CFA charterholder and earned an honours bachelor of business administration degree from the University of Regina.
Vice-President, Fixed Income
Janet shares leadership responsibility for GLC’s Portico Investment Management division, which oversees more than $17 billion of fixed income assets under management within bond, balanced, mortgage and money market mandates.
Janet is the lead manager for the Canadian Bond mandate and Core Plus Bond mandate and oversees some of Portico's sector-focused and specialized fixed income portfolios. She is also a member of the GLC Asset Mix Committee.
Joining GLC in 1995, Janet has portfolio management expertise in active and passive fixed-income strategies, including customized mandates for pension plans and financial institutions.
Janet is a CFA charterholder and holds an honours bachelor of mathematics degree from the University of Waterloo.
Vice-President, Fixed Income
Mark leads the development of derivatives strategies across a number of fixed income investment mandates in addition to contributing to the development of portfolio positioning strategies with respect to the outlook for interest rates and yield curve movements for GLC’s Portico Investment Management division, which oversees more than $17 billion of fixed income assets under management within bond, balanced, mortgage and money market mandates. He also sits on the GLC Strategic Asset Mix Committee providing input into the fixed income strategies of GLC’s balanced funds.
Mark brings over two decades of international fixed income and foreign exchange trading experience with a focus on derivatives. Prior to joining GLC he held senior positions with leading financial companies in London, UK and New York.
Mark is a CFA charterholder, Chartered Investment Manager (CIM) and holds an honours bachelor of economics degree from Carleton University.
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Portfolio attributes and rates of return reflect the portfolio strategy used by the London Life segregated fund shelf.
Past performance is no guarantee of future results.
There is no guarantee that investment objectives, or risk or return targets discussed in this material will be achieved. No part of this material may be reproduced or redistributed in any form without express written permission of GLC Asset Management Group Ltd. The data provided is for information purposes only. This material is not intended to be read in isolation and may not provide a full explanation of all the topics that are presented and discussed. Information contained in this material has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. Furthermore, there can be no assurance that any trends described in this material will continue or that forecasts will occur; economic and market conditions change frequently. This material should not be considered a recommendation or offer to purchase or sell any particular investment.