Pembroke Management Limited
Pembroke Management Ltd. is a privately held Canadian investment management firm that manages investment portfolios and separately managed accounts for Canadian pension funds, foundations, endowments, wealthy families and individuals, in addition to the GBC family of mutual funds. Since Pembroke's founding in 1968, the portfolio management team has applied fundamental analysis and conducted ongoing executive level InterViews in order to identify high quality companies with compelling growth prospects, unrecognized intrinsic value and strong entrepreneurial leadership.
History
- 1929 Great Britain and Canada Investment Corporation was incorporated in March and $11,000,000 was raised through the efforts of Nesbitt Thomson, Govett Sons & Co. and Iselin & Co.. The Great Britain and Canada Investment Corporation is now known as the GBC American Growth Fund Inc. and has been managed by Pembroke Management Ltd. since 1968.
- 1968 Pembroke Management Ltd. was founded in September by Neil B. Ivory, Clifford L. Larock, A. Scott Taylor and Ian A. Soutar to manage GBC Capital, which had previously been managed by Arbuckle Govett. The firm's name is a reference to Pembroke College, Cambridge.
- 1970 The Pembroke Fund Ltd. was launched.
- 1988 GBC Asset Management Inc. was founded by Ivory & Sime PLC, Pembroke Management Ltd. and Bob Stewart to market the GBC family of mutual funds in Canada and the United Kingdom.