Toronto-based Mackenzie Financial Corp. has announced that it is establishing a new global quantitative equity boutique in Boston and appointed highly regarded quantitative investor Arup Datta to lead it.

“Creating this boutique strengthens our investment management capabilities in global and emerging-markets equities,” says Tony Elavia, executive vice president and chief investment officer with Mackenzie, in a statement. “Arup has built a stellar career delivering superior absolute and risk-adjusted investment returns across a wide range of investment strategies. He brings us exceptional knowledge and expertise at a time of unprecedented opportunity in global emerging markets.”

Datta joins Mackenzie from Philadelphia-based institutional manager AJO, at which he was partner, portfolio manager and head of international investments.

“Mackenzie offers the perfect platform for my team, with an independent boutique structure, compelling scale, resources and a level of flexibility to find the best opportunities in global and emerging markets,” says Datta in a statement. “As before, I am focused on delivering alpha via nimble capacity-constrained core strategies.”

Datta has more than 24 years of expertise in U.S., global and emerging-markets investing, with a focus on quantitative modelling.

“The addition of this team affirms our commitment to attract and retain best-in-class investment capability,” says Barry McInerney, Mackenzie’s president and CEO, in a statement, “and will be an additional catalyst for growing our business.”

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