Scheer, Rowlett & Associates Investment Ltd.

What Scheer, Rowlett & Associates Investment Ltd. does

Scheer, Rowlett & Associates Investment Management Ltd. ('Scheer Rowlett' or 'SRA') is a Toronto-based, privately held institutional asset manager that has operated since 1995 as part of Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group), an independently owned multi-boutique platform whose affiliates collectively manage over $222 billion. The firm manages over $3.6 billion in assets on behalf of pension plans, mutual funds, corporations, foundations, endowments, and other institutional clients, and offers four strategies: a core Canadian Equity Strategy (1995), a multi-manager Balanced Strategy (1995), a Socially Responsible Canadian Equity Strategy (2006) that integrates third-party exclusionary screens with proprietary ESG scoring, and a high-conviction Concentrated Canadian Equity Strategy (2017).

The investment process is fundamentally bottom-up and value-oriented, screening companies on valuation (P/E, P/CF, P/B), capital efficiency (ROE, ROCE), and balance sheet strength, with ESG factors integrated into every step of due diligence and valuation via a proprietary internal ESG scoring tool that combines company, management, and third-party data. The firm became a UNPRI signatory in 2018 and a founding participant of Climate Engagement Canada in July 2021, reinforcing its stewardship and active ownership posture.

Scheer Rowlett operates a direct institutional sales-led distribution model led by a Managing Director, Head of Institutional Sales, Global, with regional coverage anchored in Toronto (headquarters and compliance), Vancouver (CC&L Financial Group compliance), and Montreal. Revenue is generated through recurring management fees on AUM; pricing is not publicly disclosed and is available only to qualified institutional investors in jurisdictions where the firm is registered. The firm holds no patents, makes no AI/ML claims, and operates from a small eight-person investment team with 185+ years of combined industry experience.

Name

Scheer, Rowlett & Associates Investment Ltd.

Legal name

Scheer, Rowlett & Associates Investment Management Ltd.

Website

https://scheerrowlett.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Scheer Rowlett is a Toronto-based, privately held institutional asset manager founded in 1995 and part of CC&L Financial Group, managing over $3.6B for pension plans, mutual funds, corporations, foundations, and endowments via four Canadian equity and balanced strategies using a fundamental bottom-up value approach with integrated ESG.

Ownership category

akta.pro rank

Product category

Institutional Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable/ESG Equity (Active) (FSAAAIAM)

akta.pro secondary industry

Stewardship & Active Ownership (Engagement, Proxy Voting, Shareholder Advocacy) (FSAAALAD)

Keywords

• Canadian equity management
• Institutional asset management
• ESG investment strategies
• Balanced fund management
• Value investing

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management Fees: Asset management firm generating revenue through management fees based on assets under management (AUM). Manages over $3.6 billion in assets for institutional clients including pension plans, mutual funds, corporations, foundations, and endowments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Scheer Rowlett is a privately held institutional asset management firm offering four Canadian equity and balanced investment strategies — Canadian Equity, Balanced, Socially Responsible Canadian Equity, and Concentrated Canadian Equity — using a fundamental bottom-up research approach with integrated ESG analysis. The firm manages over $3.6 billion in assets for pension plans, mutual funds, corporations, foundations, and endowments.

Product overview

Scheer Rowlett & Associates Investment Management Ltd. is an independently owned asset management firm and part of Connor, Clark & Lunn Financial Group Ltd. The firm offers a unified platform of four distinct Canadian equity and balanced investment strategies: the core Canadian Equity Strategy (fundamental bottom-up value approach with 26-year track record), the Balanced Strategy (multi-manager equities/fixed income), the Socially Responsible Canadian Equity Strategy (ESG-integrated with third-party screening), and the Concentrated Canadian Equity Strategy (high-conviction best ideas). All strategies share the firm's fundamental, bottom-up investment philosophy with discipline value approach.

Differentiator

Problem solved

Functional benefit

Products and services

• Scheer Rowlett Canadian Equity Strategy A fundamental, bottom-up Canadian equity strategy with a disciplined value approach and a 26-year track record, designed for institutional investors including pension plans, mutual funds, corporations, foundations, and endowments.
• Scheer Rowlett Balanced Strategy A multi-manager balanced strategy combining equities and fixed income, focused on capital preservation and long-term total returns, targeting 1% alpha per annum versus benchmark over a business cycle.
• Scheer Rowlett Socially Responsible Canadian Equity Strategy A Canadian equity strategy that employs a screen based on an exclusionary list supplied by a third-party provider, combined with fully integrated ESG factors into valuation, targeting 2% alpha per annum versus S&P/TSX Composite Index.
• Scheer Rowlett Concentrated Canadian Equity Strategy A high conviction Canadian equity strategy representing the best ideas of the core Canadian Equity Strategy, targeting 4% alpha per annum versus S&P/TSX Composite Index over a business cycle.

Quantifiable outcome

• Generate 4% alpha per annum versus S&P/TSX Composite Index over a business cycle (Concentrated Canadian Equity)
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Connor, Clark & Lunn Financial Group Ltd.coreOthersScheer Rowlett is part of Connor, Clark & Lunn Financial Group Ltd., an independently owned multi-boutique asset management firm. CC&L Financial Group provides back-office support including accounting, marketing, legal, compliance, and other support functions to affiliated investment teams. Collectively, CC&L Financial Group affiliates manage over $222 billion in AUM.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Addenda Capital: Canadian institutional asset manager with a strong ESG / responsible investment platform serving pensions, foundations and endowments. Direct comparable due to ESG-integrated equity strategies and similar institutional client roster.
• Guardian Capital Group: Toronto-based institutional asset manager with a focus on fundamental equities and ESG-integrated strategies. Comparable in boutique-style orientation, institutional client focus and Canadian equity depth, with similar multi-strategy platform approach.
• Mawer Investment Management: Calgary-based, employee-owned Canadian fundamental equity and balanced boutique with a multi-decade track record. Mawer's bottom-up value-driven approach, multi-strategy platform and institutional mandate focus make it the closest comparable to Scheer Rowlett in investment philosophy, scale and client base.
• Jarislowsky Fraser: Canadian fundamental equity boutique known for long-term, high-quality company research and large institutional mandates. Overlapping directly with Scheer Rowlett in Canadian equity depth, institutional segmentation and fundamental research orientation.
• Beutel, Goodman & Company: Toronto-based employee-owned value-oriented equity and fixed income manager serving pension, endowment and foundation clients. Comparable to Scheer Rowlett in Canadian value discipline, long-only mandates and institutional-only distribution.

Broad incumbents

• Manulife Investment Management: Global asset management arm of Manulife offering active fundamental equity, fixed income and multi-asset strategies. Competes with Scheer Rowlett in Canadian and global equity mandates for institutional clients, but operates at vastly greater scale and distribution reach.
• CI Global Asset Management: Major Canadian investment management firm offering active and passive equity, fixed income and balanced mandates to retail and institutional clients. Comparable broad-based incumbent competing in Canadian equity and balanced space.
• Fidelity Investments Canada: Large multi-affiliate Canadian asset manager with broad equity, balanced and ESG strategies marketed to institutional and retail clients. Competes with Scheer Rowlett for institutional Canadian equity mandates but at materially larger scale and broader product breadth.
• AGF Investments: Canadian-founded asset manager offering active equity, fixed income and balanced mandates including ESG strategies. Overlaps directly with Scheer Rowlett's institutional Canadian equity and ESG offerings at a larger and more diversified scale.
• 1832 Asset Management (Scotiabank): Scotiabank's asset management arm offering active Canadian and global equity, balanced and ESG strategies. Competes for institutional mandates in Canadian equity and balanced space as a large, broadly diversified incumbent.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rowlett-&-associates-investment-lt

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scheer, Rowlett & Associates Investment Ltd.