CIBC Mellon, UPP & IMCO to Host Investment Fund Conference
Student Investment Fund Participants and Leaders Invited to Join Leading Institutions and Investment Industry Professionals.
Today, CIBC Mellon, the University Pension Plan Ontario (UPP), and the Investment Management Corporation of Ontario (IMCO) announced an exciting conference that will bring together leaders from student-managed investment funds, university sponsors, and investment industry experts. This event is designed to promote networking and share valuable insights among attendees.
The conference will connect students who are actively engaged in asset and investment management clubs at Canadian universities, offering them insights into potential career opportunities within Canada's institutional investment sector. Taking place at CIBC Square, the event will feature discussions on various approaches to student investment funds, career advice from seasoned industry leaders, updates on macroeconomic trends, and a competitive case competition. The winners of this competition will receive cash prizes totaling $5,000, generously sponsored by IMCO, UPP, and Mawer Investment Management.
Richard Anton, Chief Client Officer of CIBC Mellon, expressed his enthusiasm for this initiative, stating, "We are thrilled to collaborate with UPP and IMCO to create this platform for the future leaders of Canada's investment industry. Our commitment to fostering emerging talent includes facilitating interactions between students and experienced professionals in the field."
Gayle Fisher, Chief Corporate Officer of IMCO, highlighted the importance of such gatherings, sharing, "We are eager to unite bright minds who represent the next generation of investment leaders with experienced professionals. Through our student internship program and various year-round initiatives, we are dedicated to providing students with practical experience and knowledge, making this conference a timely opportunity for networking and learning."
Aaron Bennett, Chief Investment Officer at UPP, emphasized the remarkable talent pool found within Canada’s universities, stating, "Canada is home to an exceptional wealth of talent, thanks to the high-quality education and experiences offered at our universities. Events like these allow us to connect with emerging talent, support aspiring financial leaders, and highlight incredible career opportunities at innovative pension and asset management firms in our market."
Student investment fund sponsors and schools interested in participating are encouraged to reach out to CIBC Mellon through a dedicated intake form.
About UPP
The University Pension Plan Ontario was established to provide a sector-wide defined benefit pension plan, ensuring sustainable pensions for its members both now and in the future. Currently, UPP serves over 40,000 members across four Ontario universities and twelve sector organizations, with plans for further expansion. Managing over $11.7 billion in pension assets, contributions to the Plan are equitably funded by both members and employers, promoting growth and accessibility for Ontario's university community.
About IMCO
The Investment Management Corporation of Ontario (IMCO) oversees $77.4 billion in assets for clients within the broader public sector. Functioning as a not-for-profit entity, IMCO offers comprehensive investment management services aimed at optimizing investment outcomes. This includes portfolio construction, access to a diverse range of asset classes, and advanced risk management strategies. As a major institutional investor in Canada, IMCO efficiently executes large transactions while ensuring clients maintain a well-diversified portfolio, which includes private and alternative investment opportunities.
About CIBC Mellon
CIBC Mellon specializes in addressing the investment servicing needs of institutional investors in Canada, as well as international investors looking to invest in Canada. Established in 1996 as a joint venture between The Bank of New York Mellon (BNY) and Canadian Imperial Bank of Commerce (CIBC), CIBC Mellon offers a range of solutions, including custody, accounting, and fund administration. As of June 30, 2024, CIBC Mellon managed over C$2.8 trillion in assets under administration, making a significant contribution to the Canadian financial landscape.
Media Contact for CIBC Mellon
Brent Merriman, Corporate Communications and Marketing, CIBC Mellon, 416-643-5065, [email protected]
Frequently Asked Questions
What is the purpose of the conference hosted by CIBC Mellon, UPP, and IMCO?
The conference aims to connect student investment fund participants with industry professionals, providing networking opportunities and insights into career paths in the investment sector.
Who is invited to attend the conference?
The event is open to student investment fund leaders, university sponsors, and investment industry professionals who wish to share insights and guidance.
What activities will be featured during the conference?
Participants can look forward to discussions on various investment fund approaches, insights from industry leaders, a macroeconomic update, and a case competition with cash prizes.
How can schools and sponsors participate in the event?
Schools and sponsors interested in taking part can contact CIBC Mellon by completing the dedicated intake form.
What is the significance of the cash prizes for the case competition?
The cash prizes totaling $5,000 are designed to encourage student participation in the case competition and recognize their innovative ideas.
