Beutel, Goodman & Co Ltd. Profile
Beutel, Goodman & Co Ltd. is a Canadian private investment management firm. The company was founded in 1967 and is currently based out of Toronto. The founders of the company focused on “value oriented investments identified through comprehensive internally generated research,” which would establish the foundational principals that the company operates on today. Beutel, Goodman & Co focuses on “delivering enhanced risk-adjusted long term performance through the consistent application of our investment philosophy.” The company conducts its research in house and utilizes a fundamental analysis with a bottom up investment approach to make its asset allocations. The company currently invests most heavily in the finance sector, which alone makes up over 40% of its total asset allocations, and also invests in the consumer discretionary, energy, transports, utilities and telecommunications, information technology, and real estate sectors, among others to a lesser degree, in order of decreasing amount allocated. Beutel, Goodman & Co employs 76 people and currently has over $36 billion in total assets under management spread across 670 accounts, with all of these accounts being discretionary except for 10, which makes up approximately $1.3 billion of its held assets. Although the company’s total number of accounts has not significantly changed from its amount five years prior, its total assets under management has grown significantly, increasing from $11 billion to well over three times that amount today. Beutel, Goodman & Co caters to a variety of clients including pooled investment vehicles, which makes up almost half of its client base alone, pension and profit sharing plans, insurance companies, individuals, high net worth individuals, banking or thrift institutions, charities, investment companies, and others, in order of decreasing clientele. The company’s Beutel Goodman Managed Funds family of mutual funds includes a variety of funds including its Fundamental Canadian Equity, American Equity, Balanced, Corporate/Provincial Active Bond, Income, Long Term Bond, and World Focus Equity funds, among others.