Mclean Budden Ltd. wins SIF’s Canadian Money Manager Award ™
Mclean Budden Ltd. is the recipient of the fourth annual Canadian Money Manager Award™, as chosen by the students in the Faculty of Business Administration’s Student Investment Fund (SIF). The award ceremony took place on October 12, 2005, at UNB’s Wu Conference Centre.
Using various criteria the SIF chose Mclean Budden Ltd. as the company they would hire to manage their Canadian equities portfolio. Accepting on behalf of Mclean Budden Ltd. was Vice President Hans van Monsjou, who delivered a presentation on the background of income trusts to close the ceremony.
The Canadian Money Manager Award™ was established in 2002 by students in UNB’s Student Investment Fund course. Students use industry standard software provided by Morningstar Canada to determine the best Canadian equity money managers based on statistical skills. A short list of three firms is determined then students send out a questionnaire to determine if the company has the four P’s of successful money management firms: people, philosophy, process and performance. The SIF’s Canadian Money Manager Award™ is the only award of its kind in Canada that we know of. Previous recipients of this award are:
2004 Phillip, Hager and North Investment Management Ltd.
2003 Jarislowsky Fraser Limited
2002 Jarislowsky Fraser Limite