Chief Investment Officer
V.P and Chief Compliance Officer
Director of Research
Jacques Lussier is a former academician at HEC Montreal and has worked within the financial industry for 18 years at Desjardins Global Asset Management (DGAM) where he was Chief Investment Strategist until March 2013. During his career, Jacques has been involved in most segments of the asset management industry: portfolio policy and global asset allocation for institutional clients, funds of funds management both alternatives and traditional, research leading to product design and product management in the equity, commodity and asset allocation space and management of high net worth platforms.
Jacques earned a M.Sc. in Finance from HEC Montreal and a Ph.D. in International Business from the University of South Carolina. He is a CFA and President of CFA Society Montreal (2013-2015). He is a board member of Régie des Rentes du Québec and a member of its investment and audit committees. He is also a member of the advisory board of InvestorLit and the author of the book “Successful Investing Is A Process” published by Wiley and Bloomberg Press in December 2012. Jacques is currently working on another book.
Jacques is CIO at IPSOL CAPITAL
Guy Desrochers is an investment specialist with more than 25 years of experience. While at National Bank, he managed a team of senior currency traders offering risk management services (currency, interest rate, and commodity) to corporate clients.
For 8 years, Guy was First Vice President, Global Equities at CIBC Global Asset Management Inc. (formally TAL Global Asset Mgmt) where he led a team of 30 investment professionals managing $16 billion worth of assets. He was also Managing Director of the Montreal office (90 employees) and responsible for the Equity trading team. Prior to that role Guy held the position of Chief Investment Officer at TAL Fund Mgmt. From 1992 to 1999 Guy held various positions at Hydro-Quebec Pension Plan including Chief Investment Officer and Portfolio Manager, Strategy and Asset Allocation.
Economist and CFA, Guy is a member of the Global Association of Risk Professionals –Financial Risk Manager (FRM) and of the Chartered Alternative Investment Analysts Association (CAIA). He also earned a certificate in Corporate Governance (ASC) from Laval University. Finally, Guy is a member of the investment committee at l’Ordre des Comptables Professionnels Agréés du Québec and held similar roles for Laval and McGill University pension plan.
Guy is V.P. and Chief Compliance Officer at IPSOL CAPITAL
Hugues Langlois was a portfolio manager with Desjardins Global Asset Management (DGAM) from 2007 to 2011. He developed and managed the asset allocation engine used for the largest institutional clients. He was also involved in the development and management of a hedge fund replication product and did advanced research for the development of efficient equity protocols.
Hugues has a M.Sc. in financial engineering from HEC Montreal and a Ph.D. in finance from McGill University. He has published in the Review of Financial Studies and in the Journal of Financial and Quantitative Analysis, two top tier journals.
Hugues is an Assistant Professor of Finance at HEC Paris, one of the world's top ranked business schools.
Hugues is Director of Research at IPSOL CAPITAL
Bruce Grantier retired in 2008 after 16 years at Scotiabank, where he was, for the past nine, Managing Director, Pension Assets. Previously he was Chief Strategist and head of Fixed-Income for Scotia Investment Management Ltd.
He earned his BASc (Industrial Engineering) at the University of Toronto and MBA (Dean’s List) at York University. He is a CFA and CAIA charter holder and is a certified director of the Institute of Corporate Directors.
Memberships include: Brandes Institute Advisory Board, Toronto CFA Society Board of Directors -plus Senior Advisor of Portfolio Management Committee, Benefits and Pension Monitor Advisory Board, Catholic Cemeteries and Funeral Services Board -Archdiocese of Toronto, Granite Club Pension Committee Member, IPSol Investment Management Chair of Board, and Archdiocese of Toronto Investment Advisory Committee.
He has written articles and reviews for industry publications including the Journal of Investment Management, the Financial Analysts Journal, the Canadian Investment Review, and Benefits and Pension Monitor and publishes investment literature research summaries online through InvestorLit.
Bruce is Board Member at IPSOL CAPITAL
Bruce Grantier, CFA, CAIA
Former Managing Director, Pension Assets, Scotiabank
For 6 years, as CEO of Desjardins Asset Management, Gérard Guilbault was responsible for the investment management of more than $51B of assets, and member of Desjardins Group Strategic Management, Asset Liability Management and Integrated Risk Management committees. Mr. Guilbault was also responsible for the A/L management for Desjardins insurance subsidiaries.
Mr. Guilbault joined Desjardins in 1988 as Vice-president Financial Markets at Desjardins Trustco. He then occupied several other positions such as Vice-president Financial Markets for both Desjardins Financial Security and Opvest. For 5 years, Mr. Guilbault worked for Domtar, where he held the position of Managing Director - Pension Investments for 3 years.
He earned his BAA at HEC Montreal in 1980. He is a CFA Charter holder since 1982, and earned the ASC designation (certified board director) from Director College Laval University.
Current memberships include: Fondation Lucie et André Chagnon, Optimum VIE S.A. France, Laval University Pension Fund and Real Estate committees, Quebec’s Pharmacists Association Responsibility Insurance Funds and National Bank of Canada Retirement Committee.
Gérard is Board Member at IPSOL CAPITAL
Gérard Guilbault, CFA, C.Dir
Former Chief Executive Officer, Desjardins Asset Management
Mr. Fahey was NAV CANADA’s Vice President, Pension Investments from September 2010 until January 2016. In this role, he led a team that was responsible for designing and executing the investment strategy and controlling the risk associated with NAV CANADA’s defined benefit pension plans. Since his retirement from NAV CANADA he has continued to devote time to the volunteer sector and various investment management activities.
Prior to joining NAV CANADA, Mr. Fahey was a founder and managing partner with Aurion Capital Management, a Toronto based institutional investment counseling firm. In this role he was responsible for all aspects of fixed income portfolio management for Aurion’s institutional clients. He was also a member of Aurion’s senior team responsible for strategic direction and firm management. Prior to joining Aurion in 1994, Mr. Fahey was the Vice President, Fixed Income at Barclays McConnell, a Toronto based institutional investment manager.
Mr. Fahey holds a Bachelor of Commerce degree from McGill University and a Masters of Business Administration degree from Concordia University. He also is a Chartered Financial Analyst charterholder. He has also served as a member of the executive committee of the Toronto CFA Society and on the CFA Institute’s Presidents Council.
Paul is Chairman of the Board at IPSOL CAPITAL
Paul Fahey, CFA, MBA
Former Vice President, Pension Investments, NAV CANADA
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