Mackenzie Financial Corporation (Mackenzie Investments) has appointed Arup Datta (pictured), to lead a new Mackenzie Global Quantitative Equity boutique, based in Boston, MA.
“Creating this boutique strengthens our investment management capabilities in Global and Emerging Markets equities,” says Tony Elavia, Executive Vice President and Chief Investment Officer of Mackenzie Investments. “Arup has built a stellar career delivering superior absolute and risk-adjusted investment returns across a wide range of investment strategies. He brings us exceptional knowledge and expertise at a time of unprecedented opportunity in global emerging markets.”
One of the industry’s leading portfolio managers in Global and Emerging Markets equities, Datta joined the company from a well-known US-based institutional manager, where he was a partner, portfolio manager and the head of international investments.
“Mackenzie Investments, as part of the Power Financial Group of Companies, offers the perfect platform for my team, with an independent boutique structure, compelling scale, resources and a level of flexibility to find the best opportunities in global and emerging markets. As before, I am focused on delivering alpha via nimble capacity-constrained core strategies,” says Datta.
Datta has more than 24 years of expertise in US, Global and Emerging Markets investing, with a focus on quantitative modelling. Datta holds an MBA with distinction from Cornell University’s Johnson School of Management and a Bachelor of Technology degree from the Indian Institute of Technology.
“I am excited to welcome Arup and his partners to Mackenzie Investments,” says Barry McInerney, President and CEO of Mackenzie Investments. “The addition of this team affirms our commitment to attract and retain best-in-class investment capability, and will be an additional catalyst for growing our business.”
