Mackenzie Multi-Asset Strategies Team

Delivering portfolio outcomes with
next generation thinking

Our insights

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Our team

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Our funds & awards

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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.

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Our insights

Insight

Monthly Commentaries – Mackenzie Multi-Asset Strategies Team

Read the latest Mackenzie Multi-Asset Strategies Team commentary to learn about their analysis of key market risks and opportunities.

Podcast

The Trump Trade and US Small Caps

Jules Boudreau deep dives into US small caps growth potential under a second Trump administration, the bond market’s reaction to increased government deficits, and the challenges facing the Canadian economy. 

Recorded on November 15, 2024

Guide

Investor guide: Mackenzie Monthly Income Portfolios

It’s important to understand the challenges that come with generating consistent income from your retirement fund. Mackenzie Monthly Income Portfolios can help.

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.

Our funds

View all funds under management

Our awards

Winner of the 2024 Fundata FundGrade A+® Awards for consistent and outstanding risk-adjusted performance in their respective categories

Mackenzie Enhanced Global Balanced Fund

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.

The content of this web page (including facts, views, opinions, recommendations, descriptions of or references to, products or securities) is not to be used or construed as investment advice, as an offer to sell or the solicitation of an offer to buy, or an endorsement, recommendation or sponsorship of any entity or security cited. Although we endeavour to ensure its accuracy and completeness, we assume no responsibility for any reliance upon it.

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

Mackenzie Enhanced Global Balanced Fund Series A was recognized for outstanding fund performance at the 2024 Fundata FundGrade A+® Awards in the Global Neutral Balanced category out of a total of 224 funds. Performance for the fund for the period ended December 31, 2024 is as follows: 16.9% (1 year), 4.0% (3 years) and 3.1% (since inception- November 2021).