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Established and known for providing disciplined quantitative strategies, product innovation and dedication to a high level of client service, the firm is one of the leading providers of active fixed income, tactical asset allocation and non-cash investment management in Canada. Commencing as a provider of customized fixed income solutions to the institutional investment community, one of YMG's first mandates was a portfolio immunization for Massey Ferguson. Using the risk-controlled strategies associated with portfolio immunization, YMG developed several client relationships with some of Canada's largest insurance companies providing solutions to their asset-liability requirements. In 1992, YMG entered into a joint venture relationship with First Quadrant out of Pasadena, California. First Quadrant is a quantitatively oriented investment firm specializing in tactical asset allocation and active currency management. They use rigorous research techniques to identify fundamentally based drivers of capital market activity. The majority of client accounts are developed using futures and forwards to overlay cash market portfolios. First Quadrant manages over (U.S.) $15 billion in assets, approximately $2 billion of which are active currency mandates.In January of 1998, YMG became a publicly listed company trading under the same ticker symbol. The company is 55% owned by employees with the remaining float being held by a large number of institutional and retail clients. Investment Philosophy |