GCIC Ltd.

GCIC was a private investment manager that was founded in 1957. The company was previously known as Goodman & Company, Investment Counsel Ltd. before it shortened its name to simply GCIC. GCIC had offices in Montreal, Alberta, Vancouver, and Toronto, which served as its headquarters. The company served as a subsidiary of DundeeWealth Inc. As of 2013, GCIC has gone out of business. The company would restructure and transfer its business through an internal consolidation move, combining with 1832 Asset Management L.P., one of its affiliated companies. There was no impact to the company’s business operations or its various portfolio management staff. 1832 Asset Management L.P. is also a private investment manager that offers a variety of wealth management and investment solutions. The company is wholly owned by the Bank of Nova Scotia and acts as one of its subsidiaries, with the parent company Scotiabank being one of the world’s leading financial services company and Canada’s most international bank. 1832 Asset Management L.P. was formerly known as Scotia Asset Management and is based out of Ontario. The company provides its services to a variety of clients including pension and mutual funds, associations, municipalities, charities, estates and trusts, and hospitals. 1832 Asset Management’s line of services includes management for equity and fixed income portfolios and balanced mutual funds. 1832 Asset Management’s line of services includes mutual funds and hedge funds of Dynamic funds and portfolio solutions of Marquis Investment. The company utilizes a fundamental analysis to make its equity investments, combining both top down and bottom up stock picking approaches. Through these research approaches, the company has put its assets mainly in the financial and services sectors, which together make up almost half of its total asset allocations, and also invests in health care, technology, utilities, energy, and transportation sectors, among others, in order of amount allocated.

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