Claude Caty, CFA
External member
With a Bachelor of Arts, Masters in Finance and Chartered Financial Analyst (CFA) designation, Mr. Caty has worked in the investment industry for nearly 50 years, during which time he has gained extensive experience in all investment spheres. Having notably been a portfolio manager in Canadian and American equities for more than three decades, he spent the last 24 years of his career with the pension plans of the Société de transport de Montréal (STM), including the last 12 as Chief investments, before retiring in 2012.
Mr. Caty has several accomplishments under his leadership at the STM: responsible for asset allocation; develop internal teams in each asset class; participate in the development of private and real estate investments; and directing the investments of one of the few pension funds in Quebec to maintain an actuarial surplus under his reign. Mr. Caty sat on the board of directors of Ivanhoé Cambridge (a real estate subsidiary of the Caisse de dépôt et placement du Québec), and he currently sits on the investment committee of a large Quebec pension fund totaling nearly ten billion dollars of assets under management.
Its role as advisor focuses on recommended strategies, asset allocation and sound governance.