Loading Audio Player...

Episode Description:

Mario Therrien is Senior Vice President of External Portfolio Management at Canadian asset manager Caisse de dépôt et placement du Québec (CDP). CDP oversees $270 billion Canadian ($200B in USD) for the pension funds in the province of Quebec. Mario joined CDP in the early 1990s after completing his Masters degree in Finance and has worked there ever since.

Mario started out at CDP managing a tactical asset allocation strategy, created an internal global macro hedge fund, and later built and managed the team responsible for investments in external public market funds. Starting from scratch, CDP oversees $20B of external manager allocations today. Mario’s team serves as CDP’s ‘window to the world’ of markets, strategies, and managers across the globe.

Our conversation dives into the ‘Canadian pension model’ which has gained prominence in recent years for the strong performance by funds north of the U.S. border. The model incorporates internal management, risk control, partnership, and collaboration. Drawing on a quarter century of experience, Mario shares his window into this little-known world of investment success.

Most Recent Episodes:

The content and use of these transcripts is intended for the use of premium members only. Unless expressly granted permission by Ted, each corporate subscriber can share transcripts within their organization (if less < 50 employees) and both corporate and individuals subscribers can share two (2) transcripts with two (2) non-paying members, after which any non-paying members should consider a membership.

All opinions expressed by Ted and podcast guests are solely their own opinions and do not reflect the opinion of the firms they represent. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.