Mawer Investment Management

Mawer Investment Management (Mawer) is a Canadian investment management firm headquartered in Calgary, Alberta. It acts as a subadvisor for Manulife Investment Management.

Mawer Investment Management Ltd.

Formerly	Mawer & Associates
Company type	Private
Industry	Investment Management
Founded	1974; 51 years ago (1974)
Founder	Charles Mawer
Headquarters	Calgary, Alberta , Canada
Key people	Craig Senyk (Chairman) Jim Hall (President)
AUM	CA$90.4 billion (September 2024)
Number of employees	280+ (2024)
Website	www.mawer.com

History

In 1974, stockbroker Charles Mawer founded the company originally as Mawer & Associates. It focused on looking after money for high-net-worth individuals and pension funds in the form of investment funds.^[1][2]

In 2005, ten years after its founder retired from running it,^[1] Mawer was selected by Manulife Investment Management to manage its investment funds in a subadvisory capacity.^[2][3]

In November 2018, Mawer hired Bank of Nova Scotia to explore options such as a sale; this came at a time when other Canadian asset management firms were being acquired. However, in December, it decided to remain independent.^[4][5]

With the philosophy of buying strong, growing companies at cheap prices, it has been noted for charging low management fees compared to its peers.^[2] Due to lower commissions, financial advisers have avoided selling Mawer funds. The partnership between Mawer and Manulife have allowed more generous and less visible compensation structures for funds.^[6]