Press Release: AIMA Canada Handbook 2019 showcases investment opportunities in Canada
Published: 15 October 2019
Sponsored by Scotiabank Global Banking and Markets, the AIMA Canada Handbook acts as a calling card for the Canadian alternative investment industry and illuminates current trends in hedge funds, private credit, private equity and fintech. It also highlights asset allocation trends, including the leadership and engagement with alternative investments by notable Canadian institutional investors.
The publication has been timed to reinforce the impact of recent reforms by regulators under revised NI 81-102. These officially created alternative mutual funds earlier this year and opened hedge fund strategies to Canadian retail investors more broadly. The alternative mutual fund market has since grown to approximately $4 billion as of August 2019.
Whether new or veteran, local or global, the AIMA Canada Handbook helps develop further understanding of the local market infrastructure and assists industry participants to navigate current regulation and target opportunities for investors, asset managers and service providers alike.
The Handbook has been published to support the growth of AIMA’s membership in Canada. The country’s alternative investment industry continues to grow to accommodate investor demand for products providing diversification, reduced volatility and non-correlated returns. These become especially important in preparation of a possible end to the current market cycle.
Claire Van Wyk-Allan, CAIA, Director, Head of Canada, AIMA, commented: “The Canadian alternative investment industry continues to evolve and thrive. A strong institutional backbone impels managers to aim high. As a country, we are proud to now be able to offer these products in a more liquid format to retail investors, who should have access to the diversification, risk reduction and non-correlated return benefits that alternative investments provide. Whether you are an investor, manager or service provider, we hope that the AIMA Canada Handbook enlightens you on our vibrant and growing industry and the talent within it. And whether you are based locally or abroad, AIMA Canada remains steadfast in our commitment to excellence in our industry, from a regulatory and educational perspective, while helping lower barriers between jurisdictions. We hope to bring the best of our alternative investment industry to the world, and also entice the best of the world to come to Canada.”
Belle Kaura, VP Legal & CCO, Third Eye Capital & Chair, AIMA Canada Board of Directors & Executive Committee, 2018-2020, commented: “AIMA Canada is proud to release the AIMA Canada Handbook 2019 which spotlights the Canadian alternatives landscape and the way forward in this exciting time of innovation and growth. As we near the end of a decade-long bull market, a pivot to the right mix of alternatives can provide investors with resilience and returns. Canada has a long history of excellence in alternatives, the stage is set for the Canadian industry to reach new heights with world-class talent ready to embrace the future and a thriving new liquid alternatives market. The Handbook showcases thought leadership of industry players and is designed to promote the advancement of alternatives by creating greater awareness and understanding of the Canadian market here at home and across the globe. “
Daniel Dorenbush, Managing Director, Head of Canadian Prime Services, Scotiabank Global Banking and Markets & AIMA Canada Executive Committee Member, stated: “Scotiabank is proud to sponsor this AIMA Canada Handbook 2019 to help investors better understand the Canadian alternative investment landscape and to support fund managers who create and manage the products that make it an exciting place to invest.”
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Notes to Editors
The Alternative Investment Management Association (AIMA) works to grow the alternative investment industry to benefit the world’s economy, savers and investors. To achieve this, we strengthen the links between fund managers, investors, regulators and industry service providers.
Our thirty-year heritage means AIMA understands our members’ priorities, who access our resources to grow their businesses, create lasting connections using our events and benefit from the effect our advocacy work has on the environment in which they must operate. Since our formation the industry has grown by 60 times.
AIMA’s capacity to deliver local support across the globe has made us connected, knowledgeable and influential, and means our 2,000 members are now based in over 60 countries.
Scotiabank is Canada's international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 97,000 employees and assets of $998 billion (as at October 31, 2018), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.
Josh Nova, Managing Director
Hume Brophy, New York
+1 646 791 1201
Tom Kehoe, Global Head of Research and Communications
+44 (0)20 7822 8380
Claire Van Wyk-Allan, Director, Head of Canada
+1 416 453 0111
Belle Kaura, Chair, AIMA Canada & VP Legal & CCO
Third Eye Capital
+1 647 776 8217
Daniel Dorenbush, Managing Director, Head of Canadian Prime Services
Scotiabank Global Banking and Markets
+1 416 863 3991