Our Story

What we do

Picton Mahoney Asset Management is an investment management firm that specializes in alternative investments and portfolio construction. Our extensive experience in quantitative research, fundamental analysis and authentic hedging strategies enables us to design alternative funds that offer investors a way to help generate steadier and more consistent risk-adjusted returns. Our investment teams use disciplined, consistent and repeatable investment processes to create products that help investors tap into the power of alternative strategies.

We also offer liquid alternative mutual fund of these strategies, so that almost all investors can access time-tested hedging strategies, which have been used by institutional investors like pension plans and university endowments for decades.

Where we came from

Picton Mahoney Asset Management was founded in 2004 by a team of five investment management professionals, led by David Picton. They had worked together through the market upheavals of the early 2000s, and felt that there was a better way to invest than simply using the standard 60% equity and 40% bond portfolio. The original team established a boutique investment firm that focused on building unique investment solutions, including alternative investment funds designed to help investors achieve steady, consistent returns in their overall portfolios. Our initial clients were some of Canada’s largest institutions, but we broadened access to all of our products, which enabled us to become one of the leading providers of alternatives to all types of investors.

In 2005, the firm launched its first equity-based alternative funds. Over the years, our family of funds grew, and our team grew with it. Picton Mahoney added fixed income funds in 2009, multi-asset strategy funds in 2017, and merger arbitrage funds in 2020. Along the way, we committed ourselves to research and constant improvement in all areas of portfolio construction. For instance, after 18 months of research, we released our first whitepaper entitled ‘Fortifying your portfolio,’ which encapsulates Picton Mahoney’s views on portfolio construction. A few years later, our firm launched PCCS, a portfolio construction service to help advisors build resilient portfolios for clients.

Where we’re going

Bringing alternatives to all investors remains a core focus for our team of over 140 employees (as of January 31, 2024), but we recognize that many people still don’t know much about alternatives. We continue to expand our focus on playing a lead role in educating advisors and investors about alternative investments. We recently launched an educational series to help advisors learn about alternative strategies, so they can help investors make informed decisions about ways to improve their investment portfolios. As we approach our 20th anniversary in 2024, we’re committed to keep innovating ways to help advisors expand their toolkit, so they can better support investors in achieving their financial goals. Why? Because we believe that all investors can benefit from better alternatives to build more resilient portfolios.