Our History


Our roots date back to before 1925 when Bank of Montreal first provided investment services to institutional clients. More than 85 years later, we are a global firm and among the Top 50 Asset Managers1 worldwide, offering institutional and retail clients a broad array of innovative investment solutions.

Milestones

 

 

2014

June

BMO Financial Group celebrates five years since its first four Exchange Traded Funds (ETFs) were listed on the TSX on June 4, 2009. Since then, BMO's ETF business has grown rapidly to 58 ETFs, including innovative smart beta and specialty solutions, a wide array of fixed income strategies and strongly competitive broad market benchmarked funds.

February

BMO Asset Management Inc. (BMO AM) introduced seven Exchange Traded Funds (ETFs). The new equity and fixed income based ETFs will help investors achieve their objectives of income, growth and diversification. The new ETFs feature innovative approaches to fixed income investing, including new strategies and precise exposure.

January

BMO ETF business led the Canadian ETF industry in new assets for the third year in a row, with over $5 billion in new assets in 2013 (calculations based on Bloomberg data).

2013

March

BMO ETFs surpass $10 billion in assets under management.

March

BMO Asset Management Inc. (BMO AM) introduces seven new ETFs. The expanded offering includes unhedged Canadian dollar units and U.S. dollar unit ETFs, allowing investors more choice in how they access different asset classes. BMO AM's suite has grown to 55 ETFs in under four years, and with the U.S. dollar offerings, BMO AM is now a leading provider of ETFs listed in U.S. dollars in Canada.

January

BMO ETF business led the Canadian ETF industry in new assets for the second year in a row, with over $5 billion in new assets in 2012 (calculations based on Bloomberg data).

2012

November

BMO Asset Management Inc. launches four new and innovative ETFs, including:

These funds allow investors to access the U.S. equities market with exposure to U.S. currency movement, purchased either with Canadian or U.S. dollars. This brings the total lineup to 48 funds.

August

BMO Asset Management Inc. ranks in the top 10 largest fixed income exchange traded product (ETP) providers worldwide by assets under management.

August

BMO Financial Group announces that its Exchange Traded Fund business has surpassed $7 billion in assets under management (AUM), and has grown by $1 billion in the last two months.

June

BMO Financial Group's ETF Business Marks Third Anniversary by Surpassing $6 Billion in Assets Under Management.

March

BMO ETFs Surpass $5 Billion in Assets Under Management in Under Three Years. In the first two months of 2012 alone, AUM grew by 32 per cent.

February

BMO Asset Management ranked number one in ETF customer loyalty in the Credo Research 'February 2012 Loyalty Ranking Survey' of 33 financial services firms.

January

BMO ETFs reach $4 billion in assets under management.

2011

December

BMO ETF business led the Canadian ETF industry in growth in 2011, accounting for $2.3 billion CDN or 49 per cent of the growth of assets under management (calculations based on Bloomberg data).

October

BMO ETFs launches four new funds which are designed to provide investors with access to potential income in volatile times through dividends and call option premiums with the:

This brings the total line up to 44 funds.

September

BMO ETFs reach $3 billion in assets under management in less than two and a half years after the business was launched. BMO Financial Group's ETF business has doubled in 2011 alone.

April

BMO ETFs reach $2 billion in assets under management in fewer than two years.

February

The launch of 10 new funds brings the total BMO ETFs line up to 40. The new ETFs include yield-focused funds include:

2010

September

BMO Asset Management reaches $1 billion in assets under management only 15 months after entering the ETF market.

July

BMO Investments Inc. launches a new series of four risk-differentiated mutual fund portfolios that invest primarily in ETFs. These ETF Portfolios combine the advantages of ETFs with the convenience of mutual funds.

BMO ETF Portfolios include the BMO Canadian Tactical ETF Class, the BMO Global Tactical ETF Class, the BMO Security ETF Portfolio, the BMO Balanced ETF Portfolio, the BMO Growth ETF Portfolio and the BMO Aggressive Growth ETF Portfolio. During this time BMO Asset Management also launches the BMO Junior Oil Index ETF (ZJO), giving investors access to the energy sector.

January

BMO Asset Management announces another significant expansion to its ETF line up with the launch of nine new funds—bringing its product line to a total of 22 ETFs. Investors are provided access to dynamic markets and sectors through the addition of the:

2009

June

BMO Financial Group launches its ETF business through BMO Asset Management Inc. (BMO AM), and is the first bank affiliate in Canada to offer its own line up of ETFs. BMO ETFs launches an initial suite of four funds, including the:

Investment Leadership Team

 

 

Our leading edge team will anticipate your future needs and will innovate to meet them. We’re committed to exceeding your expectations.

Rajiv Silgardo Co-CEO, BMO Global Asset Management. Co-CEO, BMO Global Asset Management Inc.

Rajiv Silgardo, CFA, MBA

Co-CEO, BMO Global Asset Management

CEO, BMO Asset Management Inc.


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Lesley Marks Senior Vice President & Chief Investment Officer Fundamental Canadian Equities

Lesley Marks, CFA, MBA

Senior Vice President
and Chief Investment Officer

Fundamental Canadian Equities


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Denis Senécal Senior Vice President & Chief Investment Officer

Denis Senécal, M.Sc.

Senior Vice President
and Chief Investment Officer

Active Fixed Income


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Kevin Gopaul Senior Vice President & Chief Investment Officer

Kevin Gopaul

Senior Vice President
and Chief Investment Officer

Global Structured Investments


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George Patterson Senior Vice President and Chief Investment Officer Systematic Equities

George Patterson, CFA, CFP, Ph.D.

Senior Vice President
and Chief Investment Officer

Systematic Equities


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Paul Taylor Senior Vice President & Chief Investment Officer

Paul Taylor, CFA, MBA

Senior Vice President
and Chief Investment Officer

Asset Allocation


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