Jarislowsky, Fraser Limited (JFL) is one of Canada’s leading investment management firms, managing pension funds, foundations, endowment funds, corporate and private portfolios for clients in Canada and internationally – representing C$44 billion in assets under management and advisement (as at December 31, 2019). JFL was founded in 1955 as an investment research firm. In the early 1960s, the firm began using this research material to counsel private investors and, in 1966, extended its client base to include institutional investors.
JFL’s investment philosophy and low-risk approach are built on a foundation of time-tested conservative principles and more than 60 years of fundamental research. The firm’s history and culture are rooted in investment stewardship that is expressed through an adherence to high-quality investing, a long-term investment horizon and the advancement of good governance and sustainable investing.
Since May 1, 2018, JFL is a wholly-owned subsidiary of The Bank of Nova Scotia (“Scotiabank”) and operates as a distinct business division with complete investment autonomy. JFL’s philosophy, research and decision-making process for the investment portfolios under its control are independent from Scotiabank and its other asset management businesses. JFL has one wholly-owned subsidiary, Jarislowsky, Fraser USA, Inc.