Scotia Global Asset Management
- Company typePrivate
- Founded1960
- HeadquartersToronto, Canada
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
Scotia Global Asset Management firmographics
Firmographics- Name
- Scotia Global Asset Management
- Legal name
- Scotia Global Asset Management
- Website
- https://scotiagam.com
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Scotia Global Asset Management industry classification
Industry- Product category
- Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Open-End Investment Funds (52591)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)
- akta.pro secondary industries
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Sector & Industry Equity ETFs (FSAAAFAC)
Keywords
Where Scotia Global Asset Management is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices7 records
Markets served
Scotia Global Asset Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Investment Management Fees: Asset-based management fees earned on assets under management across mutual funds, ETFs, and institutional mandates. AUM represents assets managed by Scotiabank (through its Global Wealth management division) on a discretionary basis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Mutual fund and ETF investment management with tiered fee structures |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels6 records
Scotia Global Asset Management product offering
Product offeringCore offering
Scotia Global Asset Management provides investment management solutions across mutual funds, exchange-traded funds (ETFs), portfolio solutions, alternative investments, and segregated institutional mandates, managing over $432 billion in assets on behalf of retail, high-net-worth, and institutional clients. The firm operates through multiple brands including ScotiaFunds, Dynamic Funds, Tangerine Investment Funds, Jarislowsky Fraser, and MD Financial Management, distributing products through Scotiabank branches, independent advisors, digital platforms, and direct institutional channels across Canada, the Caribbean, and Latin America.
Product overview
Scotia Global Asset Management is one of Canada's largest asset managers offering a broad range of traditional and alternative investment solutions through multiple targeted brands and platforms. The core offering includes ScotiaFunds (mutual funds), Scotia ETFs (Index Tracker and Responsible Investing ETFs), Dynamic Funds (including Active ETFs and Active Alternatives), Tangerine Investment Funds (digital investing), Jarislowsky Fraser (institutional/high-net-worth), and MD Financial Management (physician-focused). These products span mutual funds, exchange-traded funds, portfolio solutions, liquid alternatives, specialty funds, private assets, and pooled investments. The company serves clients across Canada and internationally through regional brands in the Cayman Islands, Chile, Jamaica, Mexico, and Peru.
Differentiator
Problem solved
Functional benefit
Brands
- ScotiaFunds: A comprehensive suite of mutual funds and portfolio solutions available through Scotiabank branches and other advisors and dealers. Includes Scotia Index Tracker ETFs and Scotia Responsible Investing ETFs.
- Dynamic Funds
- Scotia ETFs
- Scotia Excelsior Funds
- Scotia Fondos
- ScotiaFunds Cayman Islands
- ScotiaFunds Jamaica
- Women in Asset Management Program (WAM Program)
Products and services
- ScotiaFunds Mutual Funds Comprehensive suite of mutual funds available through Scotiabank branches, independent advisors, and dealers, covering domestic, international, and specialty funds across all asset classes, regions, and investment styles for retail investors in Canada.
- Scotia ETFs (Scotia Index Tracker ETFs and Scotia Responsible Investing ETFs) Low-cost exchange-traded funds including Scotia Index Tracker ETFs tracking specified indices and Scotia Responsible Investing ETFs with ESG focus, providing Canadian investors diversified ETF access.
- Dynamic Funds Actively managed investment solutions including equity and fixed-income mutual funds, Active ETFs, and Active Alternatives designed to help Canadian investors and advisors build resilient portfolios; available only in Canada.
- Dynamic Active ETFs Active management exposure through the flexibility and cost profile of the ETF structure, covering Dynamic's actively managed strategies for Canadian investors and advisors.
- Tangerine Investment Funds Digital investing solution available through opening an online Investment Fund Account, focused on saving self-directed Canadian investors time and money with a streamlined mutual fund lineup.
- Jarislowsky Fraser Institutional and Private Wealth Management Disciplined, quality-focused investment management services for institutional clients (pension funds, endowments, foundations) and high-net-worth individuals, emphasizing quality sustainable businesses for long-term growth in a lower-risk manner.
- MD Financial Management Investment Solutions Specialized investment solutions and financial services tailored for Canada's physicians and their families to help achieve their financial goals; available only in Canada.
- ScotiaFunds Portfolio Solutions Multi-asset portfolio solutions spanning a range of risk tolerances and objectives, from long-term growth potential to regular monthly income, for retail investors and advisors.
- Liquid Alternative Funds Funds combining the liquidity and transparency of traditional mutual funds with the flexibility of alternative investment strategies and the portfolio construction benefits of alternative assets, available to retail and institutional investors.
- Specialty Funds (Infrastructure, Gold/Precious Metals, Real Estate, Energy) Strategic alternative asset funds providing access to infrastructure, gold and precious metals, real estate, and energy investment opportunities for diversified portfolio exposure.
- Private Assets Private asset investment solutions offered through strategic partnerships with private asset managers, providing individual and institutional investors access to private market opportunities.
- Scotia Wealth Pools Pooled investment vehicles including U.S. Large Cap Growth Pool and Global Real Estate Pool, managed through sub-advisory arrangements for wealth clients.
- Scotia International Mutual Funds (ScotiaFunds Cayman, Scotia Fondos Chile, ScotiaFunds Jamaica, Scotia Fondos Mexico, Scotia Fondos Peru) Locally distributed mutual fund products offered in the Cayman Islands, Chile, Jamaica, Mexico, and Peru through Scotiabank's international subsidiaries, providing local investors access to globally diversified funds.
Quantifiable outcome
- Over $432 billion in assets under management as of October 31, 2025
- +2 more outcomes
Companies that use Scotia Global Asset Management
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles5 records
Scotia Global Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Scotia Global Asset Management partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered minor and core.
- Putnam Investment Management LLCminorAppointed as sub-adviser for Scotia Wealth U.S. Large Cap Growth Pool. Investment objectives of the fund will remain unchanged. This represents a routine administrative change in portfolio management.
- Cohen & Steers Inc.minorAppointed as sub-adviser for Scotia Wealth Global Real Estate Pool. Investment objectives of the fund will remain unchanged. Routine administrative change in portfolio management.
- Pembroke Private Wealth ManagementminorAppointed as sub-adviser for Scotia Wealth Canadian Growth Pool. No change to the fund's investment objectives as a result of this transition.
- ICICI Prudential Asset Management CompanyminorAppointed as sub-adviser for Scotia India Equity Fund. Investment objectives of the fund will remain unchanged following this transition. Routine operational adjustment.
- Jarislowsky, Fraser LimitedcoreOne of Canada's leading independent investment firms acquired by Scotiabank in 2018. Focuses on institutional and high-net-worth investors with a disciplined, quality-focused investment approach.
- MD Financial Management Inc. and MD Management LimitedcoreCanada's leading provider of financial services to physicians and their families. Acquired by Scotiabank in 2018.
- Tangerine Investment Funds LimitedcoreDigital investing platform, formerly ING Bank of Canada acquired in 2012. Offers online investment fund accounts for self-directed investors.
- 1832 Asset Management L.P.coreThe legal operating entity for Scotia Global Asset Management in Canada. A limited partnership wholly owned by Scotiabank through its Global Wealth division.
- Ivey Business School (Women in Asset Management Program)minorScotia GAM partnered with Ivey to offer the Women in Asset Management (WAM) Program, exposing diverse talent to career opportunities in asset management. Scotia GAM is a Benefactor Sponsor of the program.
- United Nations Principles for Responsible Investment (UN PRI)minorScotia Global Asset Management became a signatory to the UN-backed Principles for Responsible Investment in 2018, formalizing its commitment to ESG issues.
- Climate Engagement CanadaminorFounding participant of Climate Engagement Canada, a finance-led initiative driving dialogue between the financial community and corporate issuers to promote a just transition to a net zero economy.
- Canadian Coalition for Good Governance (CCGG)minorProud member of CCGG and serves on the group's Environmental and Social Committee.
- Responsible Investment AssociationminorProud member of the Responsible Investment Association's leadership council, Canada's membership association for responsible investing.
- CDP (Carbon Disclosure Project)minorProud member of CDP, a not-for-profit that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Scotia Global Asset Management competitors and assessment
Company assessmentDirect peers
- Mackenzie Investments: One of Canada's largest independent (non-bank-affiliated) asset managers with diversified retail mutual funds and ETFs. Comparable in product breadth and retail advisor distribution, though Mackenzie relies on third-party dealer networks rather than captive bank branches.
- CIBC Asset Management: Asset management business of Canadian Imperial Bank of Commerce offering Renaissance funds and institutional mandates. Directly comparable as another Canadian Big Six bank-owned asset manager serving retail and institutional clients through branch and advisor channels.
- BMO Global Asset Management: Asset management division of Bank of Montreal offering mutual funds (BMO Funds), ETFs, and institutional mandates with strong bank-distribution integration. Closely comparable to Scotia GAM in Canadian retail distribution and institutional reach.
- TD Asset Management: Asset management arm of TD Bank offering mutual funds, ETFs (TD ETFs), and institutional/pension mandates. Comparable in Canadian bank-distribution model and multi-segment (retail, institutional) coverage.
- RBC Global Asset Management: The asset management arm of Royal Bank of Canada, the largest Canadian bank. Operates a comparable multi-brand strategy (RBC Funds, PH&N, BlueBay) with retail mutual funds, ETFs, and institutional mandates. Most directly comparable to Scotia GAM in scale, brand structure, and bank-distribution model.
- IA Clarington Investments: Canadian asset manager (subsidiary of iA Financial Group) offering mutual funds and ETFs distributed primarily through advisor channels. Comparable product set though smaller scale and different parent-ownership structure.
- Manulife Investment Management: Global asset management arm of Manulife Financial offering mutual funds, ETFs, and institutional/private markets capabilities. Comparable in retail mutual fund franchise and institutional capabilities, with broader international reach (U.S., Asia) than Scotia GAM.
- Fidelity Investments Canada: Canadian arm of Fidelity offering mutual funds, ETFs, and institutional mandates. Comparable in retail and institutional product offerings, with a strong advisor-channel distribution presence in Canada.
Broad incumbents
- Vanguard Investments Canada: Canadian arm of Vanguard, the global low-cost passive ETF/index fund leader. A structural competitor to Scotia GAM's traditional active mutual fund business due to fee pressure and ongoing Canadian investor migration to low-cost ETFs.
- BlackRock Canada: Canadian arm of global asset management leader BlackRock, dominant in iShares ETFs and institutional index mandates. Competes with Scotia GAM in Canadian ETF and institutional segments but operates at materially larger global scale with passive-ETF specialization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Scotia Global Asset Management social profiles
Digital presenceScotia Global Asset Management compliance and trust
Trust signalCompliance5 records
Scotia Global Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scotia Global Asset Management leadership team
Management profileNumber of profiles
Profiles36 records
Scotia Global Asset Management subsidiaries and ownership
Company hierarchySubsidiaries11 records
Scotia Global Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Scotia Global Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Scotia Global Asset Management
What does Scotia Global Asset Management do?
Scotia Global Asset Management provides investment management solutions across mutual funds, exchange-traded funds (ETFs), portfolio solutions, alternative investments, and segregated institutional mandates, managing over $432 billion in assets on behalf of retail, high-net-worth, and institutional clients. The firm operates through multiple brands including ScotiaFunds, Dynamic Funds, Tangerine Investment Funds, Jarislowsky Fraser, and MD Financial Management, distributing products through Scotiabank branches, independent advisors, digital platforms, and direct institutional channels across Canada, the Caribbean, and Latin America.
Is Scotia Global Asset Management a public or private company?
Scotia Global Asset Management is a private company. It is classified as corporate owned and is currently operating.
When was Scotia Global Asset Management founded?
Scotia Global Asset Management was founded in 1960. It employs 5,001 to 10,000 people.
Where is Scotia Global Asset Management based?
Scotia Global Asset Management is headquartered in Toronto, Canada, in the North America region.
How does Scotia Global Asset Management make money?
One revenue line is on record: investment Management Fees.
Who are Scotia Global Asset Management's main competitors?
Direct peers on record are Mackenzie Investments, CIBC Asset Management, BMO Global Asset Management, TD Asset Management, RBC Global Asset Management, IA Clarington Investments, Manulife Investment Management and Fidelity Investments Canada. Broad incumbents are Vanguard Investments Canada and BlackRock Canada.
Does Scotia Global Asset Management have an API?
No public API is recorded for Scotia Global Asset Management.
What industry is Scotia Global Asset Management in?
Scotia Global Asset Management's product category is Asset Management. Its primary akta.pro industry code is FSAAAJAJ, Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.