Connor, Clark & Lunn Investment Management Ltd. (CC&L) was founded by Larry Lunn in 1982, and over the succeeding period grew into one of the largest and most successful investment managers in Canada. In order to better serve a broader range of client needs and in response to a changing environment, CC&L evolved into, and became a part of, the Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group), a multi-boutique asset management firm whose affiliates collectively manage in assets.
Larry Lunn, with five other partners, sets up operations in Vancouver and Toronto, specializing in balanced fund management.
Client base expands to in excess of $500 million in assets under management with the introduction of specialty Canadian equity management.
20/20 Group Financial was launched under the stewardship of John Wood providing a broad array of mutual funds to the investing public.
CC&L’s reputation solidified as firm goes on record that equity markets are dangerously over-valued prior to market crash.
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.
Formed a joint venture with NS Partners Ltd (formerly known as New Star Institutional Managers Limited), a UK-based asset manager, to offer fundamental global equity management.
CC&L assets under management reach $5 billion.
20/20 Group Financial sold to AGF Management Limited. CC&L continues to manage assets as a sub-advisor to AGF.
CC&L assets under management surpass $10 billion.
Connor, Clark & Lunn Private Capital is created, focusing on meeting the investment needs of high net worth individuals.
Banyan Investment Management Ltd. is incorporated and serves as our holding company for affiliated businesses and is the genesis of the CC&L Financial Group.
Assets under management reach $15 billion.
Alliance formed with Boston-based Arrowstreet Capital, L.P. to provide quantitative EAFE strategies to CC&L client base.
CC&L restructures and forms the CC&L Financial Group with a multi-boutique structure comprised of eight independent investment managers and three distribution affiliates.
CC&L reaches $21 billion in assets under management and the CC&L Financial Group $34 billion with 164 employees.
CC&L celebrates its 25th anniversary.
CC&L celebrates its 30th anniversary with assets under management of $25 billion. The CC&L Financial Group reaches $44 billion and has over 270 employees.
Martin Gerber takes over as President and CIO of CC&L while Larry Lunn retains a full-time position and remains Chairman. CC&L assumes management of international and global equity mandates.
Larry Lunn retires from CC&L as the firm celebrates its 35th anniversary. CC&L’s assets under management surpass $47 billion. The CC&L Financial Group manages over $70 billion, with over 400 employees in offices across Canada and in New York and London.