The following list charts the milestones in the history of the firm.
1982 |
Larry Lunn, with five other partners, sets up operations in Vancouver and Toronto, specializing in balanced fund management. |
1985 |
Client base expands to in excess of $500 million in assets under management with the introduction of specialty Canadian equity management. |
1986 |
20/20 Group Financial was launched under the stewardship of John Wood providing a broad array of mutual funds to the investing public. |
1987 |
CC&L reputation solidified as firm goes on record that equity markets are dangerously over-valued prior to market crash. |
1989 |
Firm acquires talent and assets with the purchase of Dixon Krogseth Ltd., an independent money manager, lifting assets under management to in excess of $1 billion. |
1990 |
Formed a joint venture with New Star Institutional Managers, a UK-based asset manager, to offer fundamental global equity management. |
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1992 |
CC&L assets under management reach $5 billion. |
1995 |
20/20 Group Financial sold to AGF Management Limited. CC&L continues to manage assets as a sub-advisor to AGF. |
1996 |
CC&L assets under management surpass $10 billion. |
1997 |
Connor, Clark & Lunn Private Capital is created, focusing on meeting the investment needs of high net worth individuals. |
1998 |
Banyan Investment Management Ltd. is incorporated and serves as our holding company for affiliated businesses and is the genesis of the Connor, Clark & Lunn Financial Group. |
2000 |
Asset under management reach $15 billion. |
2001 |
Alliance formed with Boston-based Arrowstreet Capital, L.P. to provide quantitative EAFE strategies to CC&L client base. |
2002 |
CC&L restructures and forms the Connor, Clark & Lunn Financial Group with ultimately eight independent, affiliated investment management firms and three distribution businesses under its umbrella. |
2006 |
Connor, Clark & Lunn reaches $21 billion in assets under management and the Financial Group $34 billion with 164 employees. |
2007 |
CC&L celebrates its 25th anniversary. |