Multi-Asset Strategies Team

Designing sophisticated solutions for complex markets.

Strategies under management

Private Equity Replication Strategy

We build modern portfolios designed to deliver on specific investment objectives, whatever the future may bring.

Purpose driven

We design multi-asset solutions that combine traditional and alternative asset classes and strategies to meet distinct objectives. If we can’t source one piece of the puzzle through Mackenzie’s boutiques or global partners, we build and manage it ourselves.

Diverse expertise

Drawing on diverse perspectives, experience and knowledge, our Team combines institutional best practices with original thinking and proprietary techniques. With multi-disciplinary expertise in economics, finance, asset management, statistics, and computer science, we create innovative solutions.

Thriving in uncertainty

We help clients and investors thrive, even in unpredictable markets, by using a proprietary process to systemize risk while seeking strong potential returns. We understand risk and we respect it. Our Team takes small wins and adds them up over time versus taking big bets.

Our insights

Insight

2024 Market Outlook

The investment and economic environments have changed considerably over the last 12 months. Elevated risks suggest that “safety first” is a good investment motto for the year ahead.

Insight

Long-term capital markets outlook

Mackenzie presents its 2024 Long-term Capital Markets Outlook, which provides our expectations for the average return for equities and fixed income over the coming decade.

Guide

Monthly Economic Update

Keep up to date with this month’s market review and outlook.

Meet our team

Nelson Arruda, MFin.,MSc.,CFA

Senior Vice President, Portfolio Manager, Head of Team
Mackenzie Multi-Asset Strategies Team

Investment experience since 2010

"If we can’t source one piece of the puzzle, we build it.”

Joined Mackenzie in 2017

  • Leads 20 professionals managing $48 billion of multi-asset, equity and alternative investment portfolios, overseeing investment research and portfolio management.
  • Has 12+ years of experience in investment research and portfolio management of multi-asset strategies, including equities, foreign exchange, sovereign debt and commodities.
  • Was head portfolio manager of the active commodities portfolio at CPP Investment Board, covering energy, agriculture and metals.

Andrea Hallett, CFA

Vice President, Portfolio Manager
Mackenzie Multi-Asset Strategies Team

Investment experience since 1998

Joined Mackenzie in 2002

  • Co-manager for Mackenzie Investments' multi-managed funds and strategic asset allocation programs.
  • Has 15+ years of experience in the design, analysis and management of multi-asset portfolios in the Canadian institutional and retail mutual fund spaces.

Gleb Sivitsky, MFE,CFA,CAIA

Vice President, Portfolio Manager
Mackenzie Multi-Asset Strategies Team

Investment experience since 2014

Joined Mackenzie in 2014

  • Primary responsibilities include macroeconomic alpha research, asset allocation and portfolio construction.
  • Academic credentials include a Master of Financial Economics degree and both the CFA and CAIA designations.

Michael Kapler, MMF,CFA

Vice President, Portfolio Manager
Mackenzie Multi-Asset Strategies Team

Investment experience since 2002

Joined Mackenzie in 2016

  • Uses expertise in quant equity portfolio construction to manage factor-based equity pools for the team.
  • Industry background includes equity factor investing, alternative strategies, asset allocation and risk management.

Paul Taylor, MBA,CFA

Vice President, Portfolio Manager
Mackenzie Multi-Asset Strategies Team

Investment experience since 1988

Joined Mackenzie in 2019

  • Significant investment experience in multi-asset allocation and Canadian equity management, as well as manager evaluation, selection and oversight.
  • Served as Chief Investment Officer at a major Canadian bank, leading a large team of investment professionals and responsible for tactical asset allocation decisions.

Jules Boudreau, MA

Senior Economist
Mackenzie Multi-Asset Strategies Team

Investment experience since 2020

Joined Mackenzie in 2020

  • Manages the team’s macro investment research, provides analysis on economic trends and delivers client presentations on the interaction between markets and the global economy.
  • Academic credentials include an MA in Economics and a BA in Economics and Math. Industry experience includes the Bank of Canada.

Charles Murray

AVP, Portfolio Manager
Mackenzie Multi-Asset Strategies Team

Investment experience since 1988

Joined Mackenzie in 1994

  • Responsible for portfolio implementation across several equity strategies.  Before joining the Multi-Asset Strategies Team in 2021, Charles spent 12 years as AVP, Quantitative Analysis and Risk Management, reporting to the CIO.
  • Academic credentials include a Bachelor of Arts degree from the University of Toronto and a Chartered Investment Manager (CIM) designation.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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