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Morneau Shepell Asset & Risk Management surpasses $5 billion in assets under management

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Corporate / Investment / Canada

Morneau Shepell Asset & Risk Management surpasses $5 billion in assets under management

TORONTO, Nov. 14, 2016 /CNW/ - Morneau Shepell Asset & Risk Management Ltd. announced today that it has surpassed $5 billion in assets under management (AUM), just four years after its incorporation in 2012. At that time it was named one of the fastest growing money management firms by Benefits Canada with $378 million in AUM in its first year of operation. This growth rate demonstrates increasing market demand for Morneau Shepell Asset & Risk Management's diversified approach to wealth management.

Since its inception in 2012, Morneau Shepell Asset & Risk Management has expanded that diversified approach to wealth management through the introduction of its Opportunistic Fund LP, to its focus on Endowments and Foundations, institutional and retail assets, high net worth individuals and an Outsourced Chief Investment Officer (OCIO) product. To help manage the rapid growth and the new OCIO offering, Morneau Shepell Asset & Risk Management brought on Zev Frishman in 2016 as Chief Investment Officer. Frishman brings a wealth of experience, expertise and guidance in all aspects of fund management.

"Morneau Shepell Asset & Risk Management has seen significant growth and above benchmark returns since it was founded in 2012," said Rob Boston, Managing Director of Morneau Shepell Asset & Risk Management. "We have achieved this through our diversified offerings and we continue to broaden our product line and add significant wins. We look forward to offering our expertise to future potential clients," added Boston.

About Morneau Shepell Asset & Risk Management Ltd.
Established in 2012, Morneau Shepell Asset & Risk Management was launched as an extension of Morneau Shepell's asset and risk services department. Its purpose is to help clients achieve targeted investment outcomes for clients and provide pension plan sponsors with a new investment approach and asset allocation. A pioneer of the outcome-oriented style of investing, Morneau Shepell Asset & Risk Management assists investors by targeting returns while emphasizing downside protection, reduced volatility, and controlled risk.

About Morneau Shepell Inc.
Morneau Shepell is the only human resources consulting and technology company that takes an integrative approach to employee assistance, health, benefits, and retirement needs. The Company is the leading provider of Employee and Family Assistance Programs, the largest administrator of pension and benefits plans and the largest provider of integrated absence management solutions in Canada. Through health and productivity, administrative, and retirement solutions, Morneau Shepell helps clients reduce costs, increase employee productivity, and improve their competitive position. Established in 1966, Morneau Shepell serves more than 20,000 clients, ranging from small businesses to some of the largest corporations and associations in North America. With almost 4,000 employees in offices across North America, Morneau Shepell provides services to organizations across Canada, in the United States, and around the globe. Morneau Shepell is a publicly-traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit

SOURCE Morneau Shepell Inc.

For further information: Nathan Gibson, Manager, Corporate Communications, Morneau Shepell, 416-390-2641,