Wellington Management Co. LLP has opened its first Canadian office in downtown Toronto.
On Wednesday, the Boston-based investment management firm announced the opening of its office at 130 King St. W. in Toronto’s Exchange Tower.
“With nearly 40 years of experience partnering with Canadian institutional investors, we have a long-standing commitment of helping our clients in this important market achieve their financial objectives,” said Alan Matijas, managing director for Canada.
“Now, with an established local footprint in place, we will have an even greater ability to leverage our global reach and local knowledge to continue serving clients well and collaborate more seamlessly with local industry constituents, including the consultant community.”
Founded in 1928, Wellington Management serves more than 2,200 institutional clients and mutual fund sponsors in 60 countries. As of Dec. 31, 2017, it had more than $21 billion in Canadian client assets.